Tesla suspends production of Model S, Model X for 18 days: Report

CNBC announced over the weekend that Tesla Inc. will suspend some production at its factory in Fremont, California, for 18 days starting Christmas Eve.

Citing an internal email it received, CNBC said on Saturday that production lines for the Model S and Model X vehicles would be closed from December 24 to January 11.

Workers in the production line are said to be paid full pay for one of those weeks, have some paid vacations, and are asked to take unpaid days or find “limited” work with other teams. They are encouraged to “volunteer” to deliver to customers at that time, CNBC reported.

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He did not immediately respond to a request for comment on Sunday.

It is not uncommon for Tesla to suspend production for short periods of time while working to improve its production line.

In a separate email to employees received by CNBC and Bloomberg News, CEO Elon Musk said on Friday that the demand was “slightly higher than production for this quarter” and that “production should increase over the rest of the quarter.” Possibility. ”

Tesla has traditionally had a one-year final attraction to deliver production targets for delivering its vehicles and to win customers the January 1 deadline for the electric-vehicle tax deduction.

Earlier this year, Tesla set a target of delivering 500,000 cars by 2020. It maintained that guidance in its third-quarter earnings report for October.

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13% gain.

The previous version had an incorrect date to join the Tesla S&P500. It has been updated.

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