Model 3 hell is burning Tesla's other projectsThere will be no US$35,000 (NZ$50,679) Teslas in 2017. "Tesla's cash burn is astounding, and time is ticking," said Salim Morsy, an electric-car analyst at Bloomberg New Energy Finance. The Model 3The "US$35,000 electric car" has been Tesla's top goal and marketing calling card for years. JAMES GLOVER/REUTERS The reasonably priced Model 3 has been Tesla's top goal for years. The Model 3 uses key cards and Tesla's smartphone app instead of a key, so in theory anyone could be granted access through an automated system.

Source: Stuff November 03, 2017 21:33 UTC