Tesla Reportedly Set To Increase Production

Tesla Inc. is gearing up to increase production at its electric car plant in Fremont, California, Bloomberg reported citing an internal email. The move comes after the luxury electric car reported significant growth in deliveries in its second quarter. In an email to employees, Tesla's automotive president, Jerome Guillen reportedly said the company is making preparations to raise the output. "While we can't be too specific in this email, I know you will be delighted with the upcoming developments," he said. The Palo Alto, California-based Tesla makes all of its vehicles at its only auto assembly plant in Fremont. Meanwhile, battery packs and drive units are produced at its factory near Reno, Nevada. In early July, Tesla had registered production of 87,048 vehicles and deliveries of approximately 95,200 vehicles in its second quarter. Majority of the deliveries were Model 3 cars. Tesla's previous quarterly record was 91,000 deliveries in the fourth quarter of 2018. The company also noted then that it received orders during the quarter that exceeded its deliveries. Tesla was also optimistic about continuing to grow its total production and deliveries in the third quarter.