Tesla Aiming to Produce 6,000 Model 3s Per Week by June 30: CEO

Tesla Inc. (TSLA) will soon begin operating its assembly plant in California 24 hours a day, seven days a week to help meet its so far difficult to achieve Model 3 sedan production goals.

In an email, sent around 12:30 p.m. Pacific time on Tuesday and obtained by Jalopnik, CEO Elon Musk informed the company’s staff about these plans, together with a number of other new changes being introduced to enable Tesla to finally turn a profit. The tech billionaire explained that the recent suspension of production at Tesla’s Fremont and Nevada sites were necessary to complete a  “comprehensive set of upgrades” that should eventually permit the electric automaker to finally reach and even exceed its lofty Model 3 manufacturing goals. (See also: Tesla Temporarily Suspends Model 3 Production Again.)

After the latest pause in production, Musk said Tesla should be able to churn out between 3,000 and 4,000 Model 3s per week, up from its previous output levels of just over 2,000. And then, once further work is done on the line in May, he added that manufacturing 6,000 Model 3s per week will become the new requirement.

To help meet this goal, Musk claimed that it would be necessary to open the company’s assembly plant 24/7. To make this work, he pledged to recruit about 400 new people on a weekly basis over the next few weeks.

Musk also explained in the email other ways he plans to boost Tesla’s profitability. The company’s big spending ways have led analysts to question if Tesla might soon be forced to raise more capital from investors. Musk hopes to curb unnecessary expenses by personally checking them himself and getting his finance team to be more rigorous in what they sign off. (See also: Tesla 'On The Verge' of Bankruptcy: Vilas Capital.)

From now, he said that any capital or miscellaneous expenditure above $1 million, or set of expenses that may accumulate to $1 million over the next 12 months, “should be considered on hold until explicitly approved by me.”

“I have asked the Tesla finance team to comb through every expense worldwide, no matter how small, and cut everything that doesn’t have a strong value justification,” Musk, who recently hinted that the company can finally turn a profit by the end of this year, wrote.

Musk then went on provide staff with some other “productivity recommendations.” They include organizing less meetings and keeping those they attend short, avoiding the use of “acronyms or nonsense words” that cause confusion and communicating more directly with other staff.