Tesla Inc's vice president of production at its Fremont factory, Peter Hoch...
- Tesla Inc’s vice president of production at its Fremont factory, Peter Hochholdinger, has left after three years with the electric-car maker, a source familiar with the matter told Reuters.
Hochholdinger, a former production executive at Volkswagen AG, is the latest high-profile executive to leave Tesla in the past two years as the automaker struggles to ramp up production of Model 3, which is seen as crucial for its long-term profitability. Chief Executive Officer Elon Musk, however, said last month that the company was on course to deliver a record number of cars in the second quarter.
Earlier on Wednesday, Wedbush analysts lowered their current quarter delivery forecast to 84,000 units from an earlier forecast of 88,000 units, adding that Tesla hitting its quarterly delivery target is an “unlikely event”.
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