Shanghai will host Tesla’s first auto plant outside U.S., official says


According to Tesla CEO Elon Musk, the Model Y won't use any leather in its interior.

In November 2017, it said it hoped to achieve a production rate of 5,000 per month by the end of the first quarter of 2018, pushing back what was originally a target for the end of 2017.

This latest teaser image, as with one published a year ago, shows that the Model Y will adopt a familiar Tesla look and make do without conventional wing mirrors. Musk confirmed the four-wheel drive version of the Model 3 is due in July, while a "shorter-range battery/lower-cost" Model 3 should arrive "around the end of this year".

"I actually used to ride motorcycles when I was a kid, dirt-biking for like eight years or something". "This is going to sound really cheesy, but we build our cars with love". And an electric motorcycle from a company with Tesla's brand image would certainly have meant a lot of consumer interest, and possibly even sales for the electric auto company.

The Tesla chairman and CEO also offered updates on some future products, including the long-awaited $35,000 version of the Model 3. In less than one year from the date of the 2018 shareholder meeting, said Musk, Tesla will have installed its next 1 gigawatt-hour. By then, Tesla's production lines should have worked all the kinks out and be able to ramp up more quickly to a new model.

"The biggest constraint on output is general assembly", Musk said. "I'm trying to recalibrate as much as possible".

North Koreas Kim Jong Un says Norths will for denuclearization unchanged: KCNA
Security Council refer the multiple violations of human rights in North Korea by the regime to the International Criminal Court. But he tamped down expectations that one meeting will be enough to solve all the problems between the two nations.

"We did not think these individuals are a credible, independent voice for shareholders".

Tesla better prepare for hundreds of thousands of orders.

The new teaser is once again a shadowy shot devoid of details but it does provide a glimpse of the proportions of the Model Y, which Musk said Tuesday would be revealed in March 2019 and put into production in early 2020.

In a vehicle production and delivery release, the company stated that net Model 3 reservations "remained stable" through the first quarter, and indicated that the cancellations were triggered by production and availability delays.

The report says that 8 percent of depositors had configured a Tesla for production in April, which deems the purchase nonrefundable.