Here's Everything Tesla Is Planning For the Next Three Years (TSLA)

Tesla Model 3

Whatever new technologies Tesla Motors' new Model 3 might contain as it reaches consumers this year, there is one thing it will contain much less of - and that's wiring.

Tesla is counting on the Model 3, its least pricey auto, to become a profitable, high-volume manufacturer of electric cars. Tesla Model 3, on the other hand, did not have a functional self-driving hardware when the first batches came out of the assembly line recently.

The long-range Model 3, meanwhile, comes with a hefty price premium over the regular Model 3. Sharing underpinnings with that vehicle means the Model Y is likely to have a similar range, which is officially pegged at 220 miles, or 320 miles with the long-range battery pack - although battery technology may have moved on by the time the Model Y launches, bringing with it commensurate increase in range.

Earlier in the week, Elon Musk's luxury electric auto maker was expected to raise at least $1.5 billion to accelerate production of its new Model 3, but strong demand allowed the carmaker to raise more, albeit at a slightly higher yield than expected.

Mourinho To Make 2 Changes: Predicted Man Utd XI vs West Ham
In the 2016/17 season, Mata was the second-highest scorer for the team in the league with just six goals, behind Ibrahimovic's 17. Mourinho has won the domestic league title at the end of his second year in each of his five major management jobs.

Musk also said on Twitter that there were "dozens of bogus anecdotes" that he could cite and even offered to provide a list after several fans voiced support. The Model 3 is supposed to drive economies of scale by scaling to far higher volumes, and Tesla has said it's adding 1,800 reservations a day for the vehicle. Nevertheless, it's still a very important auto to the industry.

Tesla aims to produce 100 Model 3s this month but wants to ramp up production to 5,000 cars produced weekly by December of this year.

Although Tesla has made cost savings with the Model 3, Musk has stated before his ambition to "anti-sell" the vehicle and encourage buyers to opt for the Model S or X instead. The curb weight on the Model S is ~4,600 - 4,750 pounds for the 85kWh variants and rises to 4,960 pounds for the P100D with its larger battery. In fact, this has turned out to be the opposite situation. Seeking Alpha calls this deal "singularly unique", in that few companies with the market capitalization of Tesla at $59 billion carry speculative grade debt ratings.

Meanwhile, the company is burning cash at a rapid rate.

Related news:

Hot News

isis-killer-beheading-video-story-top Jersey Shore Reunion Road Trip sneak peek announces premiere date
Aug 13, 2017 - 03:53
News about the reunion special was first revealed by The Hollywood Reporter back in July. The series ran on MTV from 2009 to 2012.

isis-killer-beheading-video-story-top Wozniacki Beats Stephens To Reach Sixth Final of 2017
Aug 13, 2017 - 03:09
After beating Garcia, Halep said: "It's not going to be easy, at this level, to play two matches in the same day". Denmark's Caroline Wozniacki has advanced to the Rogers Cup final.

isis-killer-beheading-video-story-top Mama C's Donuts Link in Ohio Norovirus Outbreak
Aug 13, 2017 - 03:03
All had similar symptoms and had eaten food from the shop between August 4 and Tuesday, health department officials said. Owners of the Mama C's Donuts and Coffee temporarily closed the doughnut shop after being notified of the outbreak.

isis-killer-beheading-video-story-top Dulquer Salmaan to make his Bollywood debut alongside Irrfan and Mithila Palkar
Aug 13, 2017 - 02:55
Dulquer Salmaan is all set to make his Bollywood debut with Ronnie Screwvala's next production, which stars Irrfan Khan . Hindi film director Bejoy Nambiar is making a film with Dulquer known as Solo which will be Dubbed in Tamil as well.

Rams use editing tricks to simulate Jared Goff-to-Sammy Watkins TD
Aug 13, 2017 - 02:32
Bills wideout Sammy Watkins was traded to the Los Angeles Rams for a 2018 sixth round draft pick and cornerback EJ Gaines . But Buffalo wouldn't wait very long to find Watkins' replacement. "It wasn't that he wasn't in our long term plans".

isis-killer-beheading-video-story-top Should You Listen to Analyst Recommendation?: Noble Energy, Inc. (NBL)
Aug 13, 2017 - 02:31
During current year the company's forecasts over growth are -2440% while for the next year analysts' growth estimation is -11%. Eagle Boston Investment Management Inc bought 8,354 shares as the company's stock declined 15.68% while stock markets rallied.

isis-killer-beheading-video-story-top Broncos' Derek Wolfe leaves practice with right leg injury
Aug 13, 2017 - 02:22
Wolfe's injury comes less than 48 hours after defensive end Billy Winn suffered a season-ending knee injury against the Bears. Denver Broncos defensive lineman Derek Wolfe warms up Saturday morning at the beginning of practice.

isis-killer-beheading-video-story-top Danish Inventor Charged with Murder After Submarine Is Wrecked
Aug 13, 2017 - 02:07
Police said the man had denied killing the missing woman and claimed he dropped her off on an island on Thursday night. The submarine's Danish inventor, Peter Madsen , is being held on suspicion of manslaughter in Wall's disappearance.

isis-killer-beheading-video-story-top Marlins' Samson Confirms Sale of Team to Jeter Group
Aug 13, 2017 - 01:43
Jeter, who made $266 million in salaries on the field, is believed to be contributing $ 25 million to the purchase of the Marlins. Specifically, Jeter said he would like to be an owner like the late George Steinbrenner, whom Jeter played under for 16 seasons.

isis-killer-beheading-video-story-top Two die in state police helicopter crash near Charlottesville
Aug 13, 2017 - 01:38
Two people died in the crash, Virginia State Police confirmed, adding that police are investigating the incident. Two people were reported to be on board that aircraft when it crashed.

isis-killer-beheading-video-story-top Perseid meteor shower will light up the sky
Aug 13, 2017 - 01:18
The best time to look up will be after midnight - aka early in the morning of August 13 - when the sky will be darkest. However, the meteors will streak across the sky in all directions, so it doesn't really matter.

isis-killer-beheading-video-story-top UP: CM Yogi asks madarsas to record I-Day celebrations on camera
Aug 13, 2017 - 00:56
The order was issued by registrar of UP Madrasa Shiksha Parishad, Rahul Gupta, who said there was nothing wrong with the order. The programme should be concluded by candies distribution among the students.

isis-killer-beheading-video-story-top Premier League preview: Guardiola unleashes Man City 2.0
Aug 13, 2017 - 00:35
Extra winnings paid as free bets. "We will maybe change one important player". "We played good games against four fantastic teams. NO MORE PITCH DESIGNSThe Premier League has banned pitch patterns and designs for the 2017/18 campaign.

isis-killer-beheading-video-story-top Usain Bolt blames 100 meter loss on starting blocks
Aug 13, 2017 - 00:27
According for Forbes magazine, Bolt has earned $32.2 million in 2017, with a majority coming via product endorsements. Putting on the now famous Jamaican yellow vest, Bolt has brought so much ecstasy to diverse peoples across the globe.

isis-killer-beheading-video-story-top Nigerian military makes unauthorized search of United Nations base
Aug 13, 2017 - 00:13
When contacted about the development and government's position on it, the acting spokesperson, Ministry of Foreign Affairs, Mrs. Rumors have spread that Boko Haram leader Abubakar Shekau may have been taking refuge in one of the United Nations buildings.