NASA Declares Tesla Roadster a Spacecraft, Reveals Car's Amazing Cargo

Tech giant Elon Musk to send his own Tesla car to Mars aboard world's most powerful rocket

Tech giant Elon Musk to send his own Tesla car to Mars aboard world's most powerful rocket

Notably, customer deposits for Model 3, as well as the recently announced Semi and Roadster became a major balance sheet item for Tesla, totaling $858 million at the end of 2017, up from $663 million a year earlier.

For the Model 3, Tesla removed the instrument cluster to bring even more attention to a 15-inch touchscreen display that controls numerous car's interior features. Tesla reported a quarterly loss of $771 million on $3.3 billion in revenue.

But the company has also said that its revenues rose to $3.29bn, up from $2.28bn. He is joined in this ambition by notables like Jeff Bezos, who has also founded a private space company, and astrophysicist Stephen Hawking. If they purchased the more expensive version with an upgraded battery, they are told they will have the auto by late 2018 while those that purchased the standard Model 3 will have to wait until 2019. CNBC sources claimed the company is "not close" to producing the batteries required for its most affordable electric auto yet.

"We expect investors will remain split on results and that shares will trade sideways as bulls remain patient on Model 3 production", he wrote. Exceeding the forecast provided Tesla an adjusted net loss that was slightly better than expected. AdWeek reports Tesla often focuses on unconventional forms of advertising, such as a contest where fans could make and share their own Tesla ads.

In an online post, Musk said the Roadster was heading to Mars, and then the asteroid belt.


That said, the Model 3 assembly line is nearly completely automated for the first time.

Nomura analyst Romit Shaw maintained a buy rating on Tesla and price target of 500, even though he lowered his Model 3 delivery estimates for the first quarter to 17,995 from 20,245.

CEO PAY: This will be Musk's first earnings call since last month's announcement of a proposed all-or-nothing pay package for him. If Tesla doesn't meet those goals, Musk won't get paid. Robinson works for SpaceX, and says "I'm just extremely proud of my teammates!"

CASH BURN: Tesla has lofty targets, including building a plant in China and launching a small SUV in 2020. The report also notes the Roadster on board the rocket is Musk's own vehicle.

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