Tesla Inc. is on track to achieve its production targets for the Model 3, the company said on Thursday, squashing a broadcast report of further delays and quality issues for its latest and most-affordable sedan.

Tesla’s problems with battery production at its Gigafactory in Sparks, Nev., are worse than it has acknowledged, CNBC reported Thursday, citing some company employees.

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Telsa Denies Report From Fake News Outlet Claiming Model 3 Production Is Lagging

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