Amber Heard and Elon Musk speaks out about break up

Tesla seeks $1.5 bn junk bond issue to fund Model 3 production

While almost 63,000 orders have already been canceled, Tesla has announced that it will receive about 1,800 new bookings per day, prompting the firm to accelerate its production pace.

There will be a Tesla Model 3 "P" Performance version, says CEO Elon Musk, but "production hell" comes first for the mass-priced electric auto. It's the world's biggest battery factory and central to Tesla's plans for mass production of its new Model 3 electric vehicle.

The end of Amber and Elon's romance has shocked many, especially since the Justice League beauty appeared to have bonded well with the Tesla Motors founder's sons from his previous marriage to Justine Musk, who he divorced in 2008.

The Tesla Owners Club Italia have set a new world record by driving a Tesla Model S 100D 1,078km (670 miles) on a single charge, within 29 hours.

That news comes to us from Electrek, which has been reporting that Tesla's less focused on the battery naming scheme for the more mainstream Model 3 and more on its actual range instead in order to appeal to a wider audience. Things are going well right now, and raising the money will be much easier than it would be in the future if Tesla (tsla) faced unexpected issues.

Watch the Perseid meteor shower this weekend
The best Perseid performance we know of occurred in 1993, when the peak rate topped 300 meteors per hour, Cooke said. The Perseid Meteor Shower , the most popular meteor shower of the year, will reach its peak in the coming days.

The company has said it expects capital expenditures of $2 billion in the second half of this year to boost production at its Fremont, California assembly plant and a battery plant in Reno, Nevada.

Musk cites volume, velocity, and density as the three main factors affecting overall production.

The debt pricing came amid a more than 1 percent drop this week in the iShares iBoxx $ High Yield Corporate Bond ETF (HYG), which held gains of less than 1 percent for the year Friday, as geopolitical risks soured the appetite for risky assets.

Our model suggests that a 5% cost of debt on a $1.5 billion debt raise would increase Tesla's loss in 2018 from $1.06 billion to $1.14 billion. Before any of those vehicles arrive, however, Tesla will be concentrating on getting 500,000 Model 3 saloons to eager customers.

Tesla is counting on the Model 3, its least pricey auto, to become a profitable, high-volume manufacturer of electric cars. However, Musk made it very clear that the 100 kWh battery which propels Tesla's other performance models is a bit too bulky to be accommodated by the Model 3.

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