Tesla’s stock jumped by 5 percent on Monday on news that the assembly lines of the Model 3 were ratcheting up production, despite a several-day outage at the end of February. The higher production volume will be welcomed by investors who have grown concerned with the rate of cash burn at the electric car company. Elon Musk’s aggressive promises, which have repeatedly outpaced the company’s performance, started to wear thin last year. The hiccups continue, but Wall Street is hopeful that the worst of the delays are in the past. “We expect that Tesla will successfully overcome bottlenecks and ramp Model 3 production throughout 2018. The boost to cash flow and sentiment provides a selling opportunity before facing further headwinds,” Adam Jonas of Morgan Stanley wrote in a note. The investment bank was referring to stiffer competition that is coming down the pike from Amazon, which could derail Tesla’s […]