Fri, Jan 18, 2019
"Tesla will need to make these cuts while increasing the Model 3 production rate and making many manufacturing engineering improvements in the coming months," Chief Executive Officer Elon Musk said in an email to employees that was published on the company`s blog.
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Wed, Oct 24, 2018
Chief Executive Elon Musk has promised a Model 3 ramp-up will help make Tesla profitable in the quarter, and has said the automaker should not have to sell more shares to raise cash. But a number of Wall Street analysts say the ramp-up, added to other production promises and debt obligations, make some sort of capital raise likely.
Thu, Jan 04, 2018
The Model 3 - which starts at $35,000, or about half the price of its flagship Model S - was met with great enthusiasm when its prototype was first unveiled in early 2016. Tesla said in August it had about 500,000 reservations for the car and demand was not a constraint.
Mon, Jul 10, 2017
Electric automaker Tesla has produced its first Model 3 sedan, a highly anticipated car because it carries a relatively low sticker price.
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