Due to increased production of the Model S and Model X, they amounted net losses of $619 million (468m) in the three months leading up to 30 September, nearly doubling its Q2 losses. During Q3 last year, they made profits of $21.9 million (16.6m).Tesla CEO Elon Musk tweeted last month that the EV manufacturer is 'deep in production hell' and suspected that welding issues might be the cause of Tesla's badly missed Model 3 production target. Aluminium is used for most Teslas but the Model 3 is mainly made with steel, which could be a factor for the slow production.It was in July when Tesla CEO Elon Musk stated on Twitter that 1,600 Model 3s would be produced by the end of September, with that figure rising to 20,000 by December.According to the press release, 'production bottlenecks' were the reason behind Tesla's missed production target for the new Model 3.

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