Tesla CEO Elon Musk says the company’s upcoming Model 3 should be able to provide a turnover of 20 billion dollars, over 170 billion Swedish kronor per year, and a profit of over 40 billion.
a small “capital increases” may be needed to fund the company’s strategic plans, said Musk in a press conference where the company’s new battery “gigafactory” was displayed.
in last week revealed he was the company’s plan to broaden its operations against including electric buses, trucks and solar systems.
Tesla has received 373,000 orders for the Model 3, which will cost more than 300 000. The first deliveries are expected to take place late in 2017.
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