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Tesla Motors plans to deliver about 90,000 vehicles in 2016 and ramp up to 500,000 in 2018 to reach the later goal two years earlier than previously announced.
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A Tesla Model S sedan can travel nearly 300 miles on a single charge, which is almost triple that of the nearest competitor, according to the U.S. Environmental Protection Agency.
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The recall, which begins this month, covers 2,666 of the battery-electric vehicles.
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Tesla Motors has received more than 325,000 orders with refundable $1,000 deposits so far for its sleek Model 3 that could make the company more than a niche player with its $35,000 price tag.
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Tesla Motors' more affordable Model 3 will provide at least 215 miles of electric range when it arrives in late 2017, CEO Elon Musk told an audience who gathered in Hawthorne, Calif., for the car's unveiling.
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Tesla Motors will give the world its first glimpse of the more affordable Model 3, when it unveils the $35,000 car at 8:30 p.m. West Coast time today at an event that will be live-streamed on TeslaMotors.com.
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The agreement means that this safety technology will become widely available on passenger cars and Class 1-2 trucks without a protracted regulatory process.
Read More →Tesla Motors will show a working prototype of its more affordable Model 3 on March 31, several outlets are reporting.
Read More →Tesla Motors is expected to unveil its more-affordable Model 3 sedan at a March launch event, as the luxury EV maker sets its sights on democratizing its automotive technology.
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Juniper Research also projects that consumer adoption of self-driving cars will take off in 2021.
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