Amidst huge first-quarter loss, Tesla is now faced with the departures of two of its top manufacturing executives, some say is due to the delays in production of the Tesla Model X which the company denies.
Electric cars and vehicles are slowing undermining the cars and vehicles powered by gas and fuels. However, in line with that, speculations are rising regarding Tesla Motors holding the keys to dominate the electric vehicle market.
Elon Musk of Tesla Motors has launched his latest Tesla Model 3 for the mass market – and dutifully, the car snatched up pre-orders of about 198,000. The massive initial orders for the lower-priced electric car took the company CEO by surprise.
Elon Musk has kept a lid on the exact specifications of his soon-to-launch Tesla Model 3 but Elektrek, a news website tracking the transformation from fossil fuel transportation to electric recently reported that it may have approximately a 300-mile range and can race from 0-60 mph in just 4 seconds.
Elon Musk, the eccentric Tesla CEO, announced that his wall mounted power source will be available by summer this year, according to a report from Electrek. He is referring to his company’s Powerwall home battery pack that he announced last spring.