Tesla confirms Tesla Model 3 performance version

Model 3 Dashboard EMBARGOED DO NOT USE

"There's 10,000 unique components in the vehicle, and production moves as fast as the slowest one", Musk told reporters.

Someone on Twitter asked Tesla CEO Elon Musk when a performance variant of the Model 3 would be ready for the big time. The original version of this report can be read at https://www.com-unik.info/2017/07/31/analysts-anticipate-tesla-inc-tsla-will-announce-earnings-of-2-00-per-share-updated-updated.html.

Deliveries kicked off Friday night with the company's usual amount of fanfare. When discussing Tesla's upcoming production schedule in front of a group of Tesla engineers and other company employees, Musk said: "We're going to be in production hell". As is always the case when it comes to Tesla, both the bulls and bears had plenty to say about Friday's event. Tesla fans have been waiting for months for the company's first truly mass-production auto to hit the road. Most companies making larger form-factor cells use pouch or prismatic cells, Manghani said; Tesla would be an outlier for making cylindrical cells larger than the classic 18650 format, if that's what the new format really is. Reservation count "is the most important metric and basis for the stock", he writes.

Whether the company can turn them out by the hundreds of thousands, and keep the investment capital flowing to pay for it, is a question that many Tesla stock investors ask themselves every day. There is a model 3 website where you can reserve your vehicle or find out more information about the model. In only three days, it had received more than 276,000 reservations for the vehicle. Model 3 will also be launched in other developed or developing countries such as Brazil, South Africa, New Zealand, South Korea, Singapore and Ireland.

The Model 3 will come with a 220-mile-range (354-mile) battery as standard, with the option to upgrade to a long-range battery with a capacity of 310 miles (499 kilometres).

"We believe the Model 3 was as good as or better than expected, and pricing was as expected with considerable initial up sell", Bernstein's Toni Sacconaghi wrote in a client's note on Monday.

It is clear that Tesla is focussing on the mass production of the Model 3. It's minimalist design centers around the horizontal touchscreen in the middle of the dash.

Further, the production timeline is about as expected, but they feel that it's very easy for buyers to lose their priority. While the models start out at $35,000 you have only the choice of the color black at that price.

To simplify the production process, all early models will be long-range, rear-wheel-drive variants, with all-wheel-drive production beginning in spring.

Squeamish about producing non-luxury cars??

A double whammy from the Insurance Institute for Highway Safety and Tesla Inc's (NASDAQ:TSLA) own press room hampered a month that was supposed to be all about hailing the emergence of the Model 3.

Wednesday will be a bit early to get a handle on how well production is going, or sales for that matter, but founder Elon Musk is not once to pass up the opportunity to provide a sound-bite or two (thousand), so there will nearly certainly be an upbeat outlook statement from him. "That is where we are for at least six months".

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