Tesla reports record loss in fourth quarter; Model 3 production still lagging

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Tesla reports record loss in fourth quarter; Model 3 production still lagging

Musk also made some grand, long-term production promises on the call. The CEO said he could easily imagine a day when his Fremont, Calif., factory is producing up to 700,000 vehicles a year: 500,000 units of Model 3, a combined 100,000 units of Models S and X, and 100,000 units of the planned Model Y, a crossover vehicle to be built on the Model 3 platform.

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