Tesla only delivered 1,550 Model 3 cars in the fourth quarter of 2017 and won’t hit full scale production of the vehicle until June.
We’re not where we need to be with battery technology and the whole herd seems to be betting that a magical new solution will appear in time to save us all. I sure hope they are right.
Tesla handed over the first 30 Model 3 battery-electric sedans to customers during a July 28 handover event at the company's Fremont, Calif., factory and pricing for most buyers will be significantly more than the $35,000 initially announced.
Tesla will begin building its Model 3 on Friday with a goal of producing 20,000 cars in December as it competes with the Chevrolet Bolt EV to offer an affordable battery-electric car with enough range to stoke wider EV adoption.
Tesla has sold $1.2 billion in common shares and convertible senior notes to support the roll-out of the Model 3, the Palo Alto company announced.
Fisker Inc. has announced the development of a new, all-electric premium vehicle featuring battery technology that is designed to deliver the world's longest electric range.
Tesla Motors plans to deliver about 90,000 vehicles in 2016 and ramp up to 500,000 in 2018 to reach the later goal two years earlier than previously announced.
Tesla Motors has received more than 325,000 orders with refundable $1,000 deposits so far for its sleek Model 3 that could make the company more than a niche player with its $35,000 price tag.
Tesla Motors' more affordable Model 3 will provide at least 215 miles of electric range when it arrives in late 2017, CEO Elon Musk told an audience who gathered in Hawthorne, Calif., for the car's unveiling.
Tesla Motors will give the world its first glimpse of the more affordable Model 3, when it unveils the $35,000 car at 8:30 p.m. West Coast time today at an event that will be live-streamed on TeslaMotors.com.