"We did it!" Musk wrote.
Last week was special for Elon Musk and his electric auto company Tesla.
"Excessive automation at Tesla was a mistake", Musk tweeted in April this year, acknowledging some of the company's production line issues.
Tesla Inc. (NasdaqGS: TSLA)'s been on an undeniable tear. Tesla had struggled all year to meet its self-imposed goal of producing 5,000 of the vehicles in a week.
In total, the company produced 28,578 Model 3s in the second uarter, for an average rate through the quarter of just under 2,400 cars per week.
Another worker speaking after the 5,000th vehicle was made described the factory as a "mass celebration".
Now the cheapest Model 3 that can be ordered costs around US$49,000, and they can run upward of USA $70,000.
Electric auto maker Tesla Inc. has delivered on its CEO's promise to build a lower-priced vehicle at a rate of 5,000 per week by the end of June. The company even built a massive tent structure outside its main assembly line, building a supplementary line from salvaged parts, Musk said. About another 15,000 cars were in transit to customers, the company said.
Despite the simpler design and feature set, Tesla has struggled to get production numbers to a sufficient level.
Production delays have caused Tesla to burn through at least $1bn (£760m) as it struggled to ramp up production.
What needs to happen to ultimately get to 10,000 cars a week, and when is that going to be achievable?
Perhaps of greatest importance to Wall Street, Tesla says that it will enjoy positive cash flow and positive net income in the third quarter of 2018.
In another bid to push the limits of technology, Tesla at times pulls robots off the line and tests them operating at speeds greater than specified by the supplier, said Charles Mwangi, Tesla's director of body engineering. Will the company give any update on its quest for profitability and its cash condition?
For the first time, Model 3 production exceeded that of the Tesla Model S and Model X combined. Bloomberg reports that the standard battery version of the auto, starting at $US35,000, still isn't available in the design studio, so customers can either order a higher-priced version, continue to wait, or cancel their order. Will Tesla indicate what net reservations now are?
No vehicle before it had a half-million people each paying $1,000 to reserve a auto -more than a year before they would even be delivered.