Pre-orders for the Tesla Model 3 have topped 276,000, with buyers lured by the electric vehicle’s coolness factor, sleek and low profile, $35,000 starting price — and the promise of thousands of dollars in government incentives.
A day after its glitzy Model 3 unveiling in front of hundreds of fans, Tesla Motors Inc. will now have to turn its attention to its most pressing concern: how to deliver these cars to customers on time.
On Thursday night, at an invitation-only, Hollywood-style premiere on his SpaceX campus in Hawthorne, Elon Musk and his Tesla team will unveil their latest creation: the Model 3, Musk’s long-awaited electric car for the masses.
Tesla Motors Inc. said it delivered 17,400 vehicles in the fourth quarter, setting a new company record by putting out a flurry of Model S sedans and some Model X sport utility vehicles, but the stock market wasn’t impressed.
A small number of Tesla Model S owners will have their cars updated for a test of hands-free driving by the end of the month, Elon Musk, chief executive of the electric car company, said at Tesla’s annual shareholders meeting Tuesday.
Tesla Chief Executive Elon Musk says he plans to address “range anxiety” for the entire Model S electric car fleet in a news conference Thursday, but there may be more concern about his predictions for the future of human drivers.
Billionaire Elon Musk’s Tesla Motors Inc. unveiled a line of inexpensive residential and commercial energy storage systems at a rock concert-like gala Thursday night at the company’s design studio in Hawthorne.
In a move that demonstrates how the mechanical and electronic worlds are converging, Tesla Motors plans to update many of its Model S sedans with functions that include automatic braking when the vehicle senses a pending collision, a partial autopilot system, and even a robotic parking program that will tuck a car into its garage while its owner watches from the porch.