Thursday 2 May 2024
 
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Model 3

Tesla’s Model 3 could generate $20bn yearly revenue

Tesla Motors chief executive Elon Musk said on Tuesday that the company's Model 3 could generate $20 billion in revenue per year and an annual gross profit of about $5 billion. A "modest capital raise" could be neede

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Tesla electric car orders top $10 billion

Tesla Motors Inc said orders for its new Model 3 electric sedan topped 253,000 in the first 36 hours -- a fast start for the company's first mass-market vehicle, which may not begin to reach customers for another 18 months or more.

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