
The Latest: Tesla’s Model 3 is ‘The Future of Cars’
The latest news in the Tesla and car industry.
1.
Tesla’s first new car is a $50,000 sports car that the company claims will be “the future of cars.”
2.
Tesla has raised $3 billion in funding to expand production of its electric cars.
3.
Tesla announced plans to sell its Model 3 sedan for $35,000 this year.
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Tesla plans to make up to 25,000 Model 3 vehicles in 2020, and the company plans to have 1 million Model 3 cars in production by 2021.
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Elon Musk has been quoted as saying he wants Tesla to be the most profitable car maker in the world.
6.
Tesla is testing a fully autonomous car for the first time in Nevada.
7.
Tesla CEO Elon Musk says the company’s Model S sedan is the fastest selling electric vehicle in history.
8.
Elon Tesla is set to unveil the Model X SUV.
9.
Tesla will unveil its first vehicle with “self-driving” features this year, which will be called the Autopilot.
10.
Tesla says it plans to deliver all of its Model S, Model X, and Model 3 sedans to customers by 2021, although there is no timetable on when it will be available.
11.
The company said it will use an automated software-based vehicle management system for its Model X SUVs.
12.
Elon Elon Musk said that Tesla will be able to make 50,000 cars a year by 2025.
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Tesla said it has sold over 300,000 vehicles worldwide, and that its cars have sold more than 2.5 million.
14.
Tesla wants to build a global network of self-driving test track facilities.
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Tesla expects to add an additional 500,000 jobs to its global workforce by 2025, which it said it would do by investing in new equipment, training, and building a factory in China.
16.
Tesla aims to bring in 100,000 new employees this year by 2021 and to double that number by 2022.
17.
Tesla, as of June 2017, had more than 50,700 employees worldwide, including about 200,000 employees in the United States.
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Tesla also announced plans for a second factory in North Carolina.
19.
Elon’s company has an “investment fund” worth more than $7 billion.
20.
Tesla intends to build the Gigafactory, the company said, which is expected to be built in China, but it is not yet known when the facility will open.
21.
Tesla currently has about 1,200 employees working at its factory in Fremont, California.
22.
Tesla does not yet have any factory openings for its Autopilots.
23.
Elon said that he believes Tesla will create an artificial intelligence that can “think like a human,” which would be able “to make decisions that a human wouldn’t be able.”
24.
Elon believes the Model 3 will have a battery range of at least 500 miles, which would put it in the “middle of the pack” for electric cars that have not yet hit that range.
25.
Elon told reporters that he is still undecided about whether to buy Tesla’s stock.
26.
Elon expects that his company will be profitable in 2021, even as the company prepares to release its Model Y SUV.
27.
Elon noted that Tesla’s sales growth is slowing, and he expects that its sales will decline again in 2021.
28.
Elon will announce that Tesla has received an additional $3.5 billion from government funding.
29.
Elon announced that Tesla expects its stock price to double in 2021 and reach $60 by 2025 as he looks to double its workforce and make more Model 3s.
30.
Elon has said that Model X and Model Y will have battery ranges of between 300 miles and 1,000 miles.
31.
Elon says that Tesla plans on adding more Model X sedans and X SUV models in 2021 to help its business.
32.
Elon wants Tesla’s employees to make more than 300,00 car trips per year by 2020, but he does not expect that to happen in 2020.
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Elon did not reveal when Tesla expects Model X to launch, or whether the company will offer the car in some other market.
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Elon is currently developing the Autonomous Autopiler for Autoprime, which he said could improve safety and cut emissions.
35.
Elon revealed that Tesla intends on building “the world’s largest lithium ion battery manufacturing plant” in Nevada, but the company did not say when it would open.
36.
Elon also said that the Model S will be a “better car than the Chevy Bolt.”
37.
Elon indicated that Tesla is working on “the next generation of the Model Y,” but did not provide further details.
38.
Tesla Motors CEO Elon Elon announced today that the Company has been granted an additional two billion dollars to invest in the Gigacamp project in China’s Guangdong province.
39.
Elon stated that Tesla planned to introduce