Tesla Model 3's battery-pack size revealed in EPA documents
00:45, Aug 14, 2017
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Tesla shares are up 67 percent this year, pushing the company's market value to about $60 billion, above that of top US automakers General Motors Co and Ford Motor Co, even though Tesla has yet to make an annual profit. The Model 3's curb weight, in contrast, is 3,837 pounds.
Following an EPA leak on Monday, Elon Musk has confirmed that the Model 3 ships with either a 50-kWh battery or a 75-kWh battery.
The new capital they raised will help finance this expansion of Tesla's production capacity. Up to this point, Tesla's business model has revolved around selling a relative handful of luxury vehicles.
Tesla CEOElon Musk notes a potential of factory production speed improvement by a factor of 10. Things are going well right now, and raising the money will be much easier than it would be in the future if Tesla (tsla) faced unexpected issues.
Tesla may have promised that all its newly-made vehicles from October 2016 onward would have the groundwork for self-driving capabilities, but that doesn't mean its technology is set in stone. The Model S also has a larger trunk and can fit more people using rear-facing seats. Consensus analyst earnings expectations stood at a loss of $1.80 per share, but the Street's whisper number indicated that traders were expecting an even wider loss of $1.87 per share. The chief executive officer of London-based TwentyFour Asset Management, which manages $13 billion, saidTesla will need to raise more debt because it's burning so much cash, and it's likely to layer on new secured bonds.
Actually, that makes flawless sense since it was believed that everyone who got their new EVs already was a Tesla Inc. employee, which means they were bound by contract to keep quiet about the Model 3 until every possible issue had been ironed out. 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. Revenue from Model 3 will fund Model Y (expected in 2019), Tesla Semi (our best guess is 2022), and, most importantly, the master plan of accelerating the world's transition to renewable energy.
Taylor Swift testified on Thursday in the defamation trial over her claims that a Denver DJ groped her during a public appearance. Mueller testified on Tuesday that he may have made incidental physical contact with Swift , perhaps brushing her arm or torso.
Fox has said it will continue to investigate the story and provide updates as warranted but has not yet said it was wrong. He added, "As Ed himself has noted, he has never met the president and the White House had nothing to do with his story".
Home-crowd favourite Katinka Hosszu can win her second individual medley title of these championships in the women's 400m final. But Ledecky, a D.C. area native and the star of the 2016 Olympic Games, may look back at Budapest with a little disappointment.
Mina said that when Myles did not return home on Monday evening, his grandmother called both the police and the daycare. Sgt Eduardo Bernal said on Monday night that the force does not yet know how long the child had been in the van.
The demo, however, may occur early next year, Musk said during the company's second-quarter earnings call Wednesday. The increased costs could compel the company to raise more money through a debt offering than originally expected.
The surge in profit reflected the recovery for image sensors from damage from an quake sustained a year ago , said the company. According to Sony, this was due to the lack of a "highly profitable first party titles".
Aside from Mesut Özil and Alexis Sanchez , one player whose future is surrounded in unknowns is Alex Oxlade-Chamberlain. The Blues have launched a £35m bid to get him, and Oxlade-Chamberlain is interested in making the move.
Meanwhile, Asian shares gained after positive economic data from around the globe boosted risk appetite. The gauge had risen 205.06 points in the previous session to close at an all-time high of 32,514.94.
Onomah is eligible for this weekend's Sky Bet Championship opener against Hull City after training with his new team-mates. Tottenham midfielder Joshua Onomah has joined Championship club Aston Villa on loan.
A share of Mazda might also prevent incursions in the future by tech companies, said one industry analyst on Friday. Mazda lacks any USA factories, which exposes one of Japan's smallest carmakers to both trade and currency risk.
Nitish calls on Modi, Amit Shah
Tyagi said that the decision to remove Yadav was taken as he was involved in anti-party activities. All eyes are now on the National Executive meeting, to be held on August 19.
Microsoft Surface devices fail on reliability
Microsoft disputed the study, saying the company's return and support rates differ significantly from the Consumer Reports study. Microsoft said in a statement that it doesn't "believe these findings accurately reflect Surface owners' true experiences".
Chinese tourists in Berlin make Hitler salute, arrested
They were spotted by police taking snaps of each other outside Berlin's Reichstag , the seat of the lower house of Parliament. The Reichstag , outside which the Chinese tourists posed, is also a touchy subject in German history.
Bank of England slashes its growth forecast (again)
THE BANK of England has revised down growth forecasts for the United Kingdom as it held interest rates yet again this month. The currency had risen to an 11-month high after the MPC's previous meeting, when three policymakers voted to raise rates.
Several wounded in Moscow Regional Court shootout
Three of the gang suspects were killed while four people were wounded during a shootout with Moscow Regional Court's guards. The group of Central Asian nationals was suspected of killing 17 motorists in the Moscow area between 2012 and 2014.