Tesla delivers first Chinese made Model 3 to customers
Electric automaker plans to increase investment in China and set up a design centre to create a car for worldwide sale.
Tesla’s production, deliveries fall in the 1st quarter
The company only delivered 63,000 vehicles in the quarter, down 31% from 2018’s fourth quarter.
Elon Musk says next vehicle to be unveiled later this month
The Model Y is an SUV and is expected to share many of the same underpinnings as its lower-cost sedan, the Model 3.
Tesla burns $739.5M in cash on way to record Q2 loss
Musk expects the company to avoid returning to the markets for capital and to be “essentially self-funding on a go-forward basis.”
Tesla makes 5,000 Model 3 electrics per week, but can it continue?
Model is key to turning Tesla from a niche maker of expensive electric cars to a profitable, mass-market automaker.
Tesla cash burn accelerates, CEO predicts profit ahead
$745.3 million in cash in Q1; slow production ramp-up of the Model 3 electric sedan cited.
Tesla’s losses expected to grow on Model 3 delays
Some analysts are questioning whether Musk should be spending more time fixing the vehicle’s woes.
Tesla Q1 loss widens on higher spending ahead of Model 3 launch
… But revenue more than doubled to $2.7 billion as more vehicles are delivered in the quarter.
Demand for new, lower-priced Tesla Model 3 is wild
…But limited to tech savvy, environmentally conscious early adopters.
Tesla’s 4Q net loss doubles but shares up on outlook
Lower-priced Model 3 sedan on schedule for release in 2017.