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Musk: Tesla Model S production up to 'around 80 cars' per week *UPDATE

Tesla CEO Elon Musk recently spoke to Fox Business about the state of Model S production, and to hear the CEO tell it, things are going very well. Assembly line production has been climbing every week; the interview was conducted on September 13, and Musk said when asked how many cars they'd build, "I think it's probably going to be around 80 cars this week." If they hit that number it would represent double the production of the week before.
Tesla's Model S production goal this year is 5,000 units, and the outside estimate is that 400* have been built so far. To make the target in the roughly 14 weeks left in the year, Tesla would need to - as of this week - quadruple last week's production to a little more than 320 units. That's a steep climb, but the numbers so far point to it being still being possible. Musk said that orders continue to come in and the company is working through its backlog, and he expects an annual profit to come in 2013. You'll find both parts of the interview in the videos below.
*UPDATE: Tesla spokeswoman Christina Ra pointed out that the last publicly confirmed number is just 100 Model S units, and that Tesla will "likely make another announcement on that front soon." She added, "400 is really inaccurate."

Tesla Model X to outsell Model S, 'devour' premium SUV market

It's still about a year away, but the arrival of the Tesla Model X is already expected to have a major impact on the premium SUV market. According to Morgan Stanley, the all-electric Model X, Tesla's third model following the Roadster and Model S sedan, is "ready to feast" on the current crop of high-end SUVs.
Not only does Morgan Stanley expect the Model X to do well against other vehicles in its class, it's expecting the new SUV to even outpace the critically acclaimed Model S, with the X accounting for a larger share of sales by the end of 2016. The sales boost provided by the Model X should also contribute to a healthy jump in Tesla's current $250 stock price. MS is expecting Tesla shares to hit about $320, and has called it a "top pick in US autos," according to The Los Angeles Times.
As for how Morgan Stanley is expecting such strong results for a car that literally no one outside of Tesla has driven, it cites Elon Musk's company's increased access to both money and technological expertise relative to the Model S project. The firm also points to Tesla's larger investments in the Model X project so far.

Recharge Wrap-up: Shell stops AK ocean drilling, Lego Tesla Model S

Shell says it will halt exploratory drilling near Alaska's coast. While the oil giant has found some oil and gas below the waters, the amount it is finding is not worth the high costs of drilling. Shell also cites "the challenging and unpredictable federal regulatory environment in offshore Alaska" as part of its decision to move on from drilling in the Chukchi Sea, but it is possible public protests had an impact, too. Read more at Treehugger, and in the press release from Shell below. The University of Central Florida's Electric Vehicle Transportation Center will host the EV Transportation and Technology Summit from October 20 to 22 in Cocoa, Florida. The summit is geared toward businesses and organizations with the goals of increasing EV awareness, reviewing current and near future technology, and pointing out deployment achievements and challenges. While its coverage will be more general, the event will focus especially on planning and infrastructure requirements. Learn more at Hybrid Cars, or at the event website. The Tesla Model S still looks good when scaled down for a Lego minifig. A man named Cole Edmonson created a tiny brick version of the iconic EV, and managed to retain the car's distinguishing good looks. Edmonson provides a write-up detailing the process of creating the small, plastic Tesla copy. It's considerably more complicated than one would think. Check out the whole process at Brick Replicas, and read more from The Brothers Brick. Renault and Donfeng will build an electric car in China based on the Fluence ZE. The joint venture between the two automakers - called Dongfeng Renault Automotive Company (DRAC) - will produce the car in its Wuhan plant in 2017. The car will be sold solely in the Chinese market under a local Dongfeng brand. "This EV agreement illustrates Renault's engagement as partner of COP 21," says DRAC CEO Jacques Daniel. Read more at Green Car Congress, or in the press release below. Dongfeng and Renault agree to produce electric vehicles in China On the occasion of the visit of ZHU Yangfeng, Chairman of Dongfeng Group, at the Renault R&D center, Dongfeng Renault Automotive Company (DRAC) announces the production of its first electric vehicle in China. As part of the Joint Venture between Dongfeng and Renault, DRAC will produce an electric vehicle that is based on the Fluence Z.E.