When Motor Trend gained permission to create a photo session with the Model 3, the crew went to the site of future GIGAFACTORY 1, world’s largest battery manufacturing facility. The video we’re linking to contains a lot of details about the battery facility and the cars themselves, but this picture caught our attention as it demonstrates the difference in size between the three models: Tesla Model S is the base for size comparison: 4.97 meters long, 1.96 meters wide, and 1.44 meters tall (196″ x 77″ x 57″). Model X is 5.03 meters long, 2.00 meters wide and 1.68 meters tall (198″ x 79″ x 66″). On the other
Elon Musk recently posted on Twitter that the reservations for Model 3 will take place starting on March 31 in Tesla stores, and April 1 for online customers. Unlike all of its the previous models – Roadster, Model S, Model X – Model 3 will be launched on a global scale, with every market covered. If you are interested, you will need to put $1,000 down, and bear in mind that the delivery priority as always – will go to the customers who will order higher trim / spec car, as the sales develop. Perhaps the key part of Model 3 selling strategy is how Tesla Motors, Inc.
Yesterday, Tesla (NASDAQ:TSLA) announced that the company would be placing its new Gigafactory in Nevada, where it had already broken ground and many believed it would ultimately place the Gigafactory. And during the Gubernatorial debate in California, between sitting Governor Jerry Brown and challenger Neel Kashkari the topic of Tesla’s Gigafactory was brought up as a lost business opportunity for California by Kashkari. Kashkari stated, “We need to bring good jobs to California. Tesla is one of many examples of this failure of this Administration.” Then, Governor Brown followed by saying, “It’s pretty clear what happened. We fought hard for Tesla, but Tesla wanted a massive
Tesla Motors [NASDAQ:TSLA] today reported their earnings for the second quarter of 2014, beating many analysts expectations by delivering a record 7,579 Model S vehicles in the quarter as well as producing a record 8,763 Model S vehicles in the quarter. Non-GAAP earnings were $16 million dollars (broken down to $0.11 EPS), while GAAP earnings (loss) was a loss of $62 million or a loss of $0.50 cents per share. Tesla Motors also cautioned that they expect the third quarter revenue and overall production to be lower than initially expected due to the retooling of the Fremont NUMMI plant for higher volume Model S and new
In case you haven’t heard, Tesla just confirmed a story originally posted by AutoExpress in the UK that they will be indeed naming the vehicle that follows the Model X by the name Model 3. This is unfortunately a result of the fact that Ford blocked Tesla from naming their next car after the Model X by the name Model E. If that had happened, Tesla would have been able to sell a Line of Model S, Model E and Model X vehicles, also known as the SEX Models of cars when you combine all three letters of the different Tesla models. The Model 3