The color options that will still be available are solid black, midnight silver metallic, deep blue metallic, pearl-white multi-coat, and red multi-coat.
"Musk has a long-standing public feud with short-sellers and often uses his personal Twitter account to taunt and confront skeptics of his company", Left noted in the lawsuit. With the Model 3, production hit 7,000 cars a week in July after a shutdown led to improved automation before the production line switched to 24/7.
In a widely released email, Musk writes: "We are about to have the most wonderful quarter in our history, building and delivering more than twice as many cars as we did last quarter".
Tesla is dropping two of the seven standard colors it had offered to customers as it tries to streamline production. Tesla Inc shares were trading at $285.34 per share on Monday afternoon, up $22.10 (+8.40%).
Other analysts are skeptical that Tesla can accelerate or even maintain this production pace long enough to be profitable.
Investors should still buy Tesla's stock in spite of all the "drama" surrounding the electric vehicle maker and its management, an analyst at Baird said after touring the company's factory.
The action in the bond market signals mounting worry about the high-wire act at Tesla. To do this, however, management has said the company would need to achieve - and sustain - a production rate for Model 3 of 5,000 units per week. He will oversee all "automotive operations and program management" and also coordinate the entire Tesla automotive supply chain.
Tesla will report its quarterly vehicle deliveries early next month. And, the company said Friday that its chief accountant, Dave Morton, had resigned Tuesday, while Gaby Toledano, its human-resources chief, was extending a leave of absence.
In late August, Musk acknowledged that paint has been a challenge.
CEO of Tesla has previously noted how the paint shop at the Fremont factory has become a bottleneck for their ambitions production plans.
The email came at the end of a week in which the departures of three executives continued the company's high turnover rate among senior employees, and it follows questions about the company's financial health and Musk's decision-making that have persisted for months.
And in case you missed it: during his marijuana episode on TV, Musk said he would soon announce a new product that can make anyone superhuman.