Wednesday, July 27, 2016

Elon Musk: “I am confident that the car will begin production next summer” – Aftonbladet

The setbacks continue for Tesla is now flagged to the company needs more money.

Now beat Elon Musk back and promises that the new Model 3 is launched next summer.

– We can sell for $ 20 billion a year, he said.

the summer has been heavy for Tesla and Elon Musk. Not only that several Tesla cars have crashed after the pilot has failed. The stock has fallen by ten percent since early summer and also have one of the company’s top executives resigned and gone to Facebook. Elon Musks plans to merge Tesla with solar company SolarCity has also faced harsh criticism.



“Not correct”

In order to fight back against adversity called Musk on Tuesday to a press preview of Tesla new factory “gigafactory” in Nevada where the electric car manufacturer will manufacture batteries for the upcoming mass-produced Model 3.

the vision is to combine Tesla with SolarCity to create your own ecosystem of solcellstak, batteries and electric vehicles. But it will cost 10′s of billions of dollars.

– Do not ask me if we should spend tens of billions now, for it is not correct, says Musk.



The factories are not ready

In addition to new money is Tesla’s new car model Model 3, which will save the company. The car has pre-ordered in 373 000 copies and Musk is now promising that the production will be in operation next summer.

– I am confident that the car will begin production next summer. It will sell for $ 20 billion per year and make a gross profit of five billion dollars when we are in full production.

Then you have to hurry up for Tesla. Only a fraction of the factories that will make the cars are completed. Battery Factory in Reno, Nevada is not even half finished, but is said to be in time for the winter.

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