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toptestmotor.com Octubre 19, 2017


Tesla Inc (TSLA) Sees Annual Model 3 Demand At 700K Units

08 Agosto 2017, 08:15 | Azura Castelo

Tesla Seems to be Very Positive about the Future of Model 3 Car after the Rising Demand

Tesla Has Received 63000 Model 3 Cancellations

"When we launched Model X 75D, it had a low gross margin".

Additionally, as a recent range test by Consumer Reports shows, some performance aspects of these high-end vehicles are incredibly comparable to features in more affordable models. The Tesla Owners Italia club recently traveled 669.83 miles in a Model S 100D on a single charge with a team of five drivers.

Tesla will raise the money by selling bonds to professional investors, despite the company having $3bn in cash. That costs a lot of money. The electric car marker's cash burn, or negative free cash flow, came to $1.2 billion in the second quarter - nearly double the $622 million spent in the previous quarter.

To that end, Tesla (TSLA) said Monday it is raising $1.5 billion in a senior note offering.

Such features like a spanking new audio system, a pentad of warm air ventilated seats and a medical grade HEPA filtration system ensure that the Model X and Model S are the best of the best. In March, the company raised $US1.4 billion through a convertible debt offering.

A substantial chunk of Tesla's capital - about $2 billion - is expected to go toward spending on the Model 3, construction of a lithium-ion battery "gigafactory" in Nevada and fortifying electric car charging infrastructure over the rest of 2017.

You can question the wisdom of this, but the decision has been made. Any delays along the way could shake investor confidence and encourage them to look elsewhere. Anticipation of its release has buttressed the company's market value to above that of American manufacturers General Motors and Ford.

InsideEVs notes that "although Tesla CEO Elon Musk previously stated that the Model 3 can't fit more than 75 kWh of battery, his reference could've well been to useable, not max capacity of the pack, so the numbers still fit in with his past statement".

Tesla said last week it received more than 1,800 reservations per day for the Model 3 since its launch in late July.



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