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Model 3

Tesla Opens Gigafactory, the Largest Battery Factory in the World

Arthur Dominic Villasanta |

Jul 28, 2016 10:23 PM EDT

Musk said the world's largest battery factory might employ up to 10,000 people.

Tesla Motors Inc. is reported to have signed a non-binding agreement with Jinqiao Group for setting up a production base in Shanghai.

Tesla Close to Setting up $9 Billion Production Base in China

Rina S. |

Jun 21, 2016 03:16 PM EDT

Tesla Motors Inc. is reported to have signed a non-binding agreement with Jinqiao Group to set up a production base in Shanghai. According to a Bloomberg report, the investment is worth $9 billion. Both Tesla and Jinqiao Group, a Shanghai-based state-owned company, will invest $4.5 billion (30 billion yuan) each. Jinqiao's share is likely to be in the form of land.

Amazon Announced Impressive Result for the First Quarter of 2016

Tesla Reports Wider Losses: 2 Top Executives to Depart From Company

Rina S. |

May 05, 2016 07:47 PM EDT

Tesla's first-quarter losses this year widened in comparison to the previous year despite the fact that the company reported an increase in its revenue. This notwithstanding, two key executives from the company have announced their departure from the firm.

Tesla Model 3 will contain less aluminum and more steel than its predecessors Model S and X.

Model 3 Preorder Frenzy Could Spell Trouble for Tesla

Phenny Lynn Palec |

Apr 11, 2016 10:20 AM EDT

Tesla's extensive marketing effort for the Tesla Model 3 electric car has exponentially paid off as the company reported more than 325,000 potential buyers already deposited $1,000 each for a car that they will not get for the next two years.

Elon Musk Prepares to Debut Tesla Model 3 on March 31

Phenny Lynn Palec |

Mar 28, 2016 07:15 PM EDT

After more than a decade of leading innovations in the automobile industry, Tesla is gearing up for its biggest release to date with the Tesla Model 3. Many experts and investors have noted that the success of the Model 3 electric-car is crucial not only to the reputation of Tesla, but also for the future of the electric car industry.