A row of new Tesla Model 3 electric vehicles is seen at a parking lot in Richmond, California, U.S. June 22, 2018. REUTERS/Stephen Lam/File Photo
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Tesla Inc crossed its long-elusive target of producing 5,000 Model 3 cars in a week after several delays, and reaffirmed its positive cash flow and profit forecast for the rest of the year.Tesla also said it expects to increase production to 6,000 per week by late August, indicating that it is overcoming the production issues that plagued the company for several months.Model 3 production tripled to 28,578 in the company's second quarter from the previous quarter, Tesla said.Tesla has delivered 28,386 Model 3 cars to date.
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