The much delayed, much maligned rocket is just what the space agency needs to escape from the governmental bureaucracy that has bound her to Low Earth Orbit for the past 45 years. The company claims foot traffic for the Model 3 is boosting sales of its premium cars, as well as solar panels and battery packs, rather than cannibalizing demand for its high-end products as feared. Tesla reported a quarterly loss of $771 million on $3.3 billion in revenue.
Toyota invests $69M in Japanese Uber rival backed by the taxi industry
Didi and Softbank would start trial services in Japan sometime this year, according to CNBC. This partnership between DiDi and SoftBank demonstrates one such effort.
Compensation for Musk, 46, will be based on a new 10-year performance stock award that could give him billions worth of company shares, or nothing at all if the company fails to meet its targets. Running down the list of achievements he included the launch of its first mass market auto, the Model 3, the introduction of an all-electric big rig heavy-duty truck and its next-generation Roadster. "I think we'll be able to do that for capex that is less than Model 3 capex at the half-million-unit level", Musk said.
"If we can send a Roadster to the asteroid belt, we can probably solve Model 3 production".
Storm could bring up to foot of snow in Indiana
A multi-vehicle crash that closed a stretch of eastbound Interstate 94 near Ann Arbor, but no severe injuries were reported. Court closures were reported in Chicago and Detroit , and driver's licence offices were shut in the Chicago area.
Tesla said Wednesday evening it's on track to produce 5,000 Model 3s per week by the end of its second quarter, a twice-delayed goal that the electric vehicle company had originally projected for the end of 2017. Tesla announced this week a loss of for the last quarter. AdWeek reports Tesla often focuses on unconventional forms of advertising, such as a contest where fans could make and share their own Tesla ads.
"The data point everyone wants, we didn't get", Spak wrote, which was the current Model 3 production rate. The wait time for each customer depends on which version of the Model 3 they purchased.
Brady opens up about Super Bowl loss in Instagram post
This past offseason, some clown named Mike Lombardi, told him that he was the least qualified head coach in the NFL . Despite all the good vibes, cops still had a hard time as they had to respond to multiple fights during the parade.
CEO PAY: This will be Musk's first earnings call since last month's announcement of a proposed all-or-nothing pay package for him. But Musk said Wednesday he has no plans to step aside as CEO. Musk predicted Tesla could increase the velocity of its assembly lines from today's upper limit of about 0.2 meters per second, or walking speed, to something approaching "jogging speed", or 20 times today's pace. It's also on the hook to build charging stations for its network of semi trucks. All of that work is many, many years in the future.