Source: Tesla Bonds Are in Free Fall
It is no great surprise that Tesla hemorrhages cash. As we pointed out last month when they reported Q2 earnings, making products that actually generate a return on capital for shareholders isn’t a strong suit of the Silicon Valley powerhouse.
The Tesla Model 3 was delivered to its first 30 customers at a special event for employees at Tesla’s Fremont factory on Friday night. Here’s a look at some images of a few of those initial production vehicles, both outside the car and from within, from the perspective of the surprisingly spacious backseat.
Tesla finally delivered the first 30 units of the Model 3 this past evening, and now that the production version of the company’s mass-market electric car is out in the wild, one key detail has finally been confirmed: the interior is going to look unlike anything else on the market.
I felt like I was driving in an Eames chair. That was my first impression as I climbed into the driver’s seat of the Tesla Model 3 at the Fremont Factory on Friday afternoon. It took a moment to orient myself — no gauges, no speedometer, no airplane cockpit cues.
“It makes no sense that an American manufactured vehicle would be so challenging to get,” says Tesla owner Matt Holm. “You have to jump through so many hoops.” When Elon Musk launched the first Tesla sports car in 2008, he didn\’t just set out to create a mass market for electric vehicles; Musk wanted to disrupt the entire auto industry by cutting out the dealership middleman and selling his cars directly to consumers.