Updates to Tesla Model Y and ride-share plans
Next to the Q3 earnings presented last night, in which it was shown that the Model 3 helped push Tesla to profitability for the first time, there have been further updates. These regard the Model Y and the ride-sharing plans, as well as Tesla’s stratgey for Europe and China.
Your move, Elon
On billboards for the Kona Elektro, Hyundai is directly addressing Tesla mastermind Elon Musk just as Audi did last year. It’s printed „Your turn, Elon“ in large letters.
Tesla presents numbers for Q4 2017
Tesla has reported its income, liquid assets and production numbers to wrap up the year 2017. Despite increased sales of the Model S and Model X, Teslas’ Q4 2017 represents their largest quarterly loss yet.
Elon’s Tesla generates additional capital
Elon Musks’ Tesla is known as one of the biggest players in the electric vehicle market and a big innovator. Now, according to Bloomberg, Tesla has freed up a whopping 546 Million dollars through the sale of bonds.
Tesla confirms planning a pickup truck
Via Twitter, Tesla CEO Elon Musk announced the company’s target to build an all-electric pickup truck. The project shall follow the planned Model Y, meaning that it’s still two or more years away.