2022 Tesla Model 3 Dual Motor Awd on 2040-cars

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Tesla spies something that begins with the letter D

Lest there be any doubt to the contrary, Tesla is a company on the move. Following the sensational Tesla Roadster, the Model S is now humming down roads across the country and around the world. And there's more to come: the entry-level Model 3, the upcoming Model X crossover... and something else. Two somethings, to be precise, going by this latest, cryptic tweet from Tesla chief Elon Musk.
The image enclosed appears to show the front of a Model S peering out from under a partially open garage door emblazoned with the letter D. Just what that letter stands for, we don't know. Usually we'd guess it stood for "diesel," but given that Teslas are powered purely by electricity, that'd probably be viewed as a backwards step. Drive? Possibly, if Tesla has an all-wheel-drive sedan in the works (which is does).
Whatever it is, we'll have to wait until October 9 before Tesla reveals the full thing. At that point it will also reveal "something else," though it's given even less indication as to what that might be. The Model 3? Production-ready Model X? A new Roadster? We'll find out in a week's time.

Musk teases hyperloop test track for Texas, mulls pod races

In what was seen as an attempt to persuade legislators to allow Tesla to operate stores in Texas, Elon Musk visited Austin to do some political horse trading. We don't yet know how he fared, but it looks like Texas is getting a hyperloop test track out of the deal. And, it seems, the electric car mogul is mulling the creation of a pod racer competition, similar to the Formula SAE series, to go with it. As we've mentioned before, the hyperloop is a high-speed, train-in-a-tube transportation system – think 4,000 miles per hour. Musk has released a 57-page document outlining how it might work. The billionaire entrepreneur, as is his wont, took to Twitter to make the announcement. We note that he does use the qualifier "probably" in his statement, which leads us to believe he is expecting something in return for the unique investment. In lieu of an official press release, we leave you with his Tweetings outlining his proposals: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. News Source: Twitter Green Tesla Transportation Alternatives Technology Future Vehicles hyperloop

Tesla: Earnings still down, but rate of Model S production way up

According to its Third Quarter 2012 Shareholder Letter, Tesla "is now at over 200 cars per week or 10,000 cars per year, which is at the critical threshold needed for Tesla to generate positive operating cash flow."
That's an important milestone to be sure, but the news is actually even better; Tesla expects to ramp Model S production up to 400 cars per week (20,000 units/year) by December of 2012, and says it will deliver 2,500 to 3,000 units in the fourth quarter of 2012. That's lower than the previous target of 5,000 in 2012, but it's more an issue of delayed achievement rather than missing the mark altogether.
All of that production bodes well for the future, but as of today, the automaker has yet to earn real money. Revenue for the third quarter of 2012 was $50 million, equating to a net loss of about $110 million after expenses were tallied. The stock market likes the numbers, with TSLA shares rising 8.9 percent on Monday after the report was released.