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Bloomberg
Tesla Motors Inc., the electric-car maker run by billionaire Elon Musk, hired Audi AG’s Peter Hochholdinger to help oversee production as it seeks to boost vehicle output about 10-fold by 2018.
Hochholdinger will be vice president of vehicle production, Tesla said. He’ll be expected to boost production of Model S and Model X cars while building a manufacturing program for the new Model 3, Tesla said.
Musk, Tesla’s CEO, stunned investors last week when he announced that the company aims to make 500,000 vehicles by 2018 — two years sooner than originally planned. Tesla delivered just 50,658 vehicles in 2015. Vehicle output might reach 1 million by the end of the decade, Musk said on the Q1 earnings call.
Hochholdinger spent 22 years working across the Audi manufacturing chain and was responsible for leading the production of the A4, A5 and Q5 vehicles.