Tesla Model 3's battery-pack size revealed in EPA documents

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Many have hailed the Model 3 as a groundbreaking vehicle in the auto industry and one which has set the new benchmark for electric cars.

Tesla shares are up 67 percent this year, pushing the company's market value to about $60 billion, above that of top USA automakers General Motors Co and Ford Motor Co, even though Tesla has yet to make an annual profit.

The Tesla Model Y made its digital debut at the annual Tesla shareholder meeting when CEO Elon Musk teased an image of the upcoming crossover after some comments on.

It will also significantly increase the company's long-term debt through 2025, but as Musk discussed this week, the Model 3 program alone could generate ~$30 billion in revenue by that time with a demand for over 700,000 units per year.

Tesla has said it secured at least 455,000 preorders and that 1,800 new reservations are coming in every day.

The e-car pioneer's eventual goal is full Level 5 autonomy for all Tesla vehicles. That roughly corresponds with when Tesla started to catch on as a baby name.

"If you think about the "early adopter" concept, the same may apply to this bond for certain investors", said Jon Duensing, director of investment-grade credit at Amundi Pioneer, which oversees $82.4 billion. S&P rated the bonds negative B and Moody's B3. As we have formerly reported, Tesla estimates the standard vehicle will return 220 miles of range, where as the Model 3 with the bigger battery will do 310 miles on single charge. The actors broke up past year (16) and their divorce was finalised in January (17).

Council of the European Union expands sanctions against North Korea
The sanctions also include targeted measures against 13 people and entities linked to Pyongyang's nuclear and missile programs. Trump warned North Korea on Tuesday it will be met with "fire and fury" if it continues to threaten his country.

He said: "Amber and Elon are both very serious about each other".

Ultimately, the depth of investor interest will determine the bond's interest rate.

For those who were interested in the Model 3 based on its $35,000 price tag, the Model S 75 is the next best bet, though it's still considerably expensive.

Musk told analysts that the Model Y's production plan will be a step apart from what Tesla - or the rest of the industry - is now doing. It expects capital expenditures of $2bn in the second half of this year to boost production at its Fremont, California assembly plant and a battery plant in Reno, Nevada.

But short sellers weren't the only ones with a dour opinion of Tesla.

Goldman Sachs acted as left lead, while Morgan Stanley, Bank of America, Citigroup, Deutsche Bank and RBC came in as bookrunners.