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Tesla Model S Sedan Output Speeds Past 400 a Week: CEO

Tesla Motors Inc. is building Model S electric sedans faster than its initial 400-a-week goal as demand and the company’s production skills increase, Chief Executive Officer Elon Musk said.

“We’re above 400 a week at the current manpower, and not trivially above it,” Musk said July 10 in an interview at the company’s Fremont, California, plant, declining to elaborate ahead of Tesla’s release of second-quarter results. In late 2014, the pace is “going to 800 a week. I’m very confident we’ll get there,” said Musk, who is Tesla’s biggest investor.