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Tag Archives: tesla model 3

CAR NEWS: Tesla nearing bankruptcy according to Bob Lutz

Less than 24 hours after Tesla once again grabbed the world’s attention with the unveiling of the awesome Roadster and its semi-trailer electric truck, GM’s former vice president Bob Lutz threw some shade on the groundbreaking automaker. “The company, folks, is going out of business. At this rate they’ll never get to 2019”, Lutz said in an interview with CNBC. ...

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CAR NEWS: 63,000 canceled Tesla Model 3 reservations

Of the 518,000 Tesla Model 3 booked around the world following the model’s unveiling, 63,000 of them are no longer. The news was confirmed by Tesla CEO Elon Musk recently during a quarterly earnings call with investors. According to Tesla’s founder, these canceled reservations are not a major problem and this will allow the manufacturer to better respond to orders ...

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