Tesla releases a video showing us how a Model 3 gets made

Anna Jefferson
January 1, 2019

Tesla CEO Elon Musk has pushed to deliver cars before year end.

One issue facing Tesla is that some customers who ordered their cars months ago have still not been told when their cars will be delivered. If you recall, Musk at the time explained that Tesla's overarching strategy was to take profits from pricier models (i.e the Roadster and the Model S) in order to bankroll an "even more affordable vehicle".

Tesla's Elon Musk is looking to sell Model 3s all the way til midnight to make sure buyers get the full $7,500 tax credit. He's been a longtime Tesla booster, and the announcement notes that Ellison purchased 3 million Tesla shares earlier this year.

San Francisco: Electric vehicle company Tesla is looking for internal participants for its new Autopilot hardware, consisting of a new neural net computer that it claims would be the "world's most advanced computer for autonomous driving".

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The company had earlier said it was "doing everything" to ensure those who ordered a vehicle as late as December 20 could take deliveries by December 31 and Musk has promised to reimburse customers if delivery delays cause them to miss out on a significant tax credit.

Because of the deadline, Tesla set October 15 as the cutoff date for vehicle orders eligible for the full credit.

In November, Tesla joined forces with General Motors and Nissan in an effort to persuade Congress to extend the EV tax credit. Tesla is moving Model 3 production to Europe in January, probably knowing the tax credit phase-out would curtail sales of the current model.

The organization planned to push Congress to reform the system and eliminate the manufacturer cap but nothing has materialized yet.

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Mr Musk and Tesla reached the settlement with the SEC on September 29.

Baird analysts said Monday they would be buyers of any weakness in Tesla shares, after a report that the company has more than 3,300 Model 3 vehicles in inventory as of Sunday.

However, Electrek's report downplayed the issue, pointing out that European and Asian markets are still untapped for the Model 3, so that's where the new cars will most likely go.

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