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Musk: Tesla Model S production up to 'around 80 cars' per week *UPDATE

Tesla CEO Elon Musk recently spoke to Fox Business about the state of Model S production, and to hear the CEO tell it, things are going very well. Assembly line production has been climbing every week; the interview was conducted on September 13, and Musk said when asked how many cars they'd build, "I think it's probably going to be around 80 cars this week." If they hit that number it would represent double the production of the week before.
Tesla's Model S production goal this year is 5,000 units, and the outside estimate is that 400* have been built so far. To make the target in the roughly 14 weeks left in the year, Tesla would need to - as of this week - quadruple last week's production to a little more than 320 units. That's a steep climb, but the numbers so far point to it being still being possible. Musk said that orders continue to come in and the company is working through its backlog, and he expects an annual profit to come in 2013. You'll find both parts of the interview in the videos below.
*UPDATE: Tesla spokeswoman Christina Ra pointed out that the last publicly confirmed number is just 100 Model S units, and that Tesla will "likely make another announcement on that front soon." She added, "400 is really inaccurate."

Tesla Model S drivers put way more miles on their cars than Nissan Leaf owners do (we think)

Just a few weeks ago, Nissan announced that its customers have driven over a billion electric kilometers in the four years that the world's best-selling EV has been on the road. That heady milestone means, Nissan says, that the Leaf has saved 180 million kilograms of CO2 emissions around the world. The billion kilometers have been split among the 147,000 Leaf vehicles that Nissan has sold. Well, not really, since the billion kilometer total only counts Leaf EVs registered with CarWings, which Nissan says is 54 percent of the total sales. That's 79,380 cars and results in an average – and it's only a rough average, but what're you gonna do? – of 12,597 miles per car. Let's keep that number in mind for a minute. Today, despite going on sale a year and a half after the Leaf (June 2012 versus late 2010), Tesla Motors Tweeted today that Model S drivers have hit the same numerical milestone. Tesla didn't say how many of its vehicles were involved in its count, but we think that Tesla has sold at least 50,000 Model S electric vehicles globally (about 2,650 in 2012, 22,450 in 2013, 21,821 for 2014 through the end of September), so we'll estimate a rough average for each Model S of 20,000 miles. So, in case anyone ever needs numeric proof that a Model S is more fun to drive than a Leaf – that's the only possible thing this could mean, right? *ahem, longer range* – now you've got the data. {C} This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Nissan says "thanks a billion" to LEAF owners Nissan LEAF drivers registered on CarWings telematics have collectively driven ONE BILLION KILOMETERS worldwide* Globally, Nissan LEAF drivers have saved more than 180 MILLION kilograms of CO2 emissions* Over 147,000 Nissan LEAF vehicles have been sold globally to date ROLLE, Switzerland – Nissan has revealed that owners of the LEAF, its 100% electric car, have collectively recorded an impressive one billion kilometers on the CarWings telematics system worldwide – saving over 180 million kilograms of CO2 emissions* in the process. This incredible achievement comes almost four years since the LEAF was launched in 2010 as one of the first mass-market, pure-electric vehicles. It is now the best-selling electric vehicle in history, with over 147,000 LEAF vehicles sold globally to date, 31,000 of which have been sold in Europe.

Panasonic ready to start big investment in Tesla Gigafactory

To paraphrase Dr. Evil from Austin Powers: International Man of Mystery, why spend a trillion when you could spend ... billions? That's what Panasonic is saying about its investment in Tesla's gigafactory, though there's a catch. The billions are in Japanese yen. Yes, Panasonic will invest "tens of billions of yen" into the Gigafactory slated for the great state of Nevada, Reuters says, citing comments from Panasonic Chief Executive Kazuhiro Tsuga. That's not exactly specific, but 10 billion yen is equal to about $92 million. We've heard Panasonic's share of the new factory could be as high as $2-3 billion, but at least now we have a starting point Whatever Panasonic's kicking in, Nevada is also ponying up a pretty penny. Last month, Tesla said it would build the factory near Reno after reaching an agreement that calls for about $1.2 billion in incentives from the state over a 20-year period. Tesla and lithium-ion battery maker Panasonic officially announced their gigafactory partnership in late July, though Panasonic wasn't talking numbers at the time. All told, the plant is expected to cost about $5 billion to build and is considered necessary for Tesla to reach the scale to build its planned $35,000 EV, the Model 3. That's because the factory is will have the capacity to produce about a half-million (no, we didn't say "billions") electric vehicles a year.