Tesla Model 3 sets REFUEL Production GT lap record at Laguna Seca raceway

A Tesla Model 3 equipped with upgraded brake pads and Hoosier slicks set a new Production GT lap record on the famed Laguna Seca Raceway, during the annual REFUEL clean power motorsports event on July 1. The single motor, non-Performance variant of Tesla’s mass-market electric car was able to complete the 2.238 mi (3.602 km) […]

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Tesla urges Model 3 holders to put capital where mouth is

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When closing a critical quarter, the pressure was on Tesla to present numbers that speak of potential profitability. The company thus urged Model 3 reservation holders in North America to configure their car Bloomberg suggests. But there are more substantial numbers too. In light of 420,000 outstanding reservations specified in Tesla’s latest production results it […]

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Tesla shares timelapse video of busy Fremont factory lot during Model 3’s final Q2 push

Tesla shared a rare glimpse inside the Fremont factory’s outbound logistics lot during the final week of Q2 2018 — the week when the electric carmaker finally achieved its target of producing 5,000 Model 3 per week. As could be seen in the short timelapse video, Tesla worked around the clock to achieve its goal, […]

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Tesla will start being profitable by September, notes veteran Wall St analyst Gene Munster

Wall Street analyst Gene Munster from Loup Ventures has issued his expectations for Tesla’s (NASDAQ:TSLA) financial performance this coming quarter, stating that the Elon Musk-led company will start being profitable by September 2018.   In a statement to CNBC‘s Fast Money, Munster stated that Tesla would probably not be “wildly profitable” by September, but Elon […]

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Ford Europe CEO trolls Tesla’s 7,000 vehicles/week production milestone

Ford Europe CEO Steven Armstrong took to Twitter recently to pour some cold water on Tesla’s production milestone for Q2 2018. Responding to Elon Musk’s tweet congratulating the Tesla team for producing 7,000 vehicles —   comprised of 5000 Model 3 and 2,000 Model S & X — in a single week, Armstrong retorted sharply, mocking […]

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Tesla Model 3 takes on Pikes Peak hill climb in performance and range test

An unmodified Tesla Model 3 took on the famed climb to the 14,000-ft summit of Pikes Peak, the site of one of the most intense hill climb events in the automotive world. As noted by the Model 3’s owner, the compact electric car handled the 12.42-mile climb flawlessly, with no signs of performance degradation. The […]

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Official: Tesla Model 3 production results in Q2

Data had been trickling out of Fremont with an occasional leak on Twitter but now it became apparent. Tesla has reached their Model 3 production target of 5,000 a week and is gearing up for 6,000 units next month. Also the overall results for Q2 are looking good. Tesla has released the official production results […]

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Tesla releases Q2 2018 production numbers: 28,578 total Model 3, 5,031 in one week

During the final week of the second quarter, Tesla managed to produce 5,031 Model 3 and 1,913 Model S & X. Tesla’s Q2 2018 production totaled 53,339 vehicles, a 55% increase from the first quarter, making it the most productive quarter in the company’s history so far. Model 3 production, which reached a total of […]

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