Quantcast
Environmental News for a Healthier Planet and Life

Tesla to Ramp Up Production

Business

Tesla announced that it aims to produce 500,000 cars in 2018, two years ahead of schedule and a major leap from its current production of about 15,000 cars in the first three months this year.

Photo credit: Tesla Motors

Chief executive Elon Musk also said the company will likely begin filling more than 325,000 orders for the cheaper Tesla 3 models by late next year, despite the departure of top key executives in the company's manufacturing and production divisions. For the quarter ended March 31, Tesla posted wider losses but larger revenue compared to same period last year.

For a deeper dive:

News: Reuters, New York Times, Verge, Forbes, CNBC, Re/code, Wall Street JournalArs Technica, BBC News.

Commentary: Bloomberg, Tom Randall analysis; Bloomberg, Liam Denning column; Wall Street Journal, Charley Grant analysis

For more climate change and clean energy news, you can follow Climate Nexus on Twitter and Facebook, and sign up for daily Hot News.

YOU MIGHT ALSO LIKE

Solar Impulse Pilot: ‘I Flew Over Plastic Waste As Big As a Continent’

Elon Musk Has a Secret Plan to Eliminate City Traffic With a ‘New Type of Car’

Big Oil Gearing Up to Battle Electric Vehicles

Will Elon Musk’s Tesla Model 3 Recharge the U.S. Electric Vehicle Market?

EcoWatch Daily Newsletter

The Ernest N. Morial Convention Center in New Orleans, Louisiana has been converted to a 1,000-bed field hospital for coronavirus patients to alleviate stress on local hospitals. Chris Graythen / Getty Images

An area in Louisiana whose predominantly black and brown residents are hard-hit by health problems from industry overdevelopment is experiencing one of the highest death rates from coronavirus of any county in the United States.

Read More Show Less
A woman lies in bed with the flu. marka/Universal Images Group via Getty Images

A central player in the fight against the novel coronavirus is our immune system. It protects us against the invader and can even be helpful for its therapy. But sometimes it can turn against us.

Read More Show Less
Sponsored
Several flower species, including the orchid, can recover quickly from severe injury, scientists have found. cunfek / iStock / Getty Images Plus

Calling someone a delicate flower may not sting like it used to, according to new research. Scientists have found that many delicate flowers are actually remarkably hearty and able to bounce back from severe injury.

Read More Show Less
A Boeing 727 flies over approach lights with a trail of black-smoke from the engines on April 9, 2018. aviation-images.com / Universal Images Group via Getty Images

With global air travel at a near standstill, the airline industry is looking to rewrite the rules it agreed to tackle global emissions. The Guardian reports that the airline is billing it as a matter of survival, while environmental activists are accusing the industry of trying to dodge their obligations.

Read More Show Less
A National Guard member works on election day at a polling location on April 7, 2020 in Madison, Wisconsin. Andy Manis / Getty Images.

ByJulia Baumel

The outbreak of COVID-19 across the U.S. has touched every facet of our society, and our democracy has been no exception.

Read More Show Less