Tesla Model 3 gets choice of 50kWh or 75kWh battery

  • Tesla Model 3 gets choice of 50kWh or 75kWh battery

Tesla Model 3 gets choice of 50kWh or 75kWh battery

We are excited to announce that, as of today, all Tesla vehicles produced in our factory - including Model 3 - will have the hardware needed for full self-driving capability at a safety level substantially greater than that of a human driver. Up to this point, Tesla's business model has revolved around selling a relative handful of luxury vehicles. Over time, there will be more optional systems that will be offered on the Model 3.

Tesla and Musk seem to be the center of controversy these days.

The move of the company represents Tesla chief executive officer Elon Musk's bet that the Tesla Model 3 will be a hit. Although the new gear includes a secondary node to enable more computing power, a spokesperson says 2.5 is really about adding "computing and wiring redundancy" that "very slightly" boosts reliability, Engadget said. The session, which featured a gleaming blue Model 3 on display, was part of a four-day debt-marketing extravaganza, which included an invitation from Musk for investors to tour the company's assembly plant. It's a tech company with industrial assets growing 50% to 100% per year.

Last week's trip onto the earnings stage was no different for Tesla's CEO.

We expect the Model Y will continue the design ethos of the Model S - Tesla's first mainstream offering - meaning it'll sport a blanked-off front end, as no radiator or associated grille is necessary due to the lack of an air-hungry engine. On the other hand, If Tesla grows its asset base faster than its capital base, it risks running out of cash.

The Wall Street Journal reports that the sale is expected to raise $1.8 billion at a yield of 5.75%.

In a statement to investors, Tesla said: "The notes will be senior unsecured debt obligations of Tesla".

Don't confuse the term "junk bond" with the quality of the company and magnitude of the opportunity in front of Tesla.

Tesla is counting on the Model 3, its least pricey vehicle, to become a profitable, high-volume manufacturer of electric cars. Yet still, Tesla isn't finished, as it's readying another SUV - the Tesla Model Y.

Gene Munster is a managing partner and co-founder at Loup Ventures.