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Watch Tesla Model 3 Drifting In Snow

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Black Tesla Model 3 EV, side view

Drifting in the snow is almost always fun regardless of the car.

Tesla has released a video showing the Model 3 being pushed to the limits during winter weather testing.

We see the all-electric sedan drifting around a few corners on the snowy mountain test track without sliding off the edge of the road, with the driver appearing to have a blast.

The Model 3 is currently offered in rear-wheel and all-wheel-drive variants. The latter is part of a Performance package with a Track Mode that optimizes traction control and other settings to improve handling on a closed course.

Watch it in action, and let us know what you think in the comments below…

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Crossovers

Tesla Reduces Model 3, Model S And Model X Price

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Red Tesla Model 3 Turning

Every Tesla model has been discounted by $2,000.

To help offset the drop in federal incentives on its vehicles, Tesla has reduced the price across its entire U.S. lineup.

This means the cheapest Tesla available, the Model 3 Mid Range, now starts at $45,200, while the Model 3 Long Range and Model 3 Performance kick off at $52,200 and $63,200, respectively. The Model 3 will eventually start at just $35,000 once the bare bone version finally goes on sale.

If you rather prefer the larger Model S, it now starts at $77,200 for the 75D version, $95,200 for the Model S 100D, and $134,200 for the high-performance, supercar-beating P100D.

Finally, the Model X starts at $83,200 and tops out at $139,200.

The federal incentive was cut in half from $7,500 to $3,750 for vehicles delivered in 2019 after Tesla built its 200,000th EV. It will be cut in half once again to $1,875 starting on July 1, 2019 before it is eliminated entirely Jan 1, 2020.

In other words, those looking to own a brand new Tesla should act fast before the company’s vehicles are no longer eligible for any federal tax credits.

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Luxury

Tesla Model 3 Production Reaches 1,000 Units A Day

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Tesla Model 3 EV, red silver

Tesla has come a long way in a short period of time.

It wasn’t long ago that Tesla was struggling to produce 1,000 units of the Model 3 per week, but now it’s making just as many each day.

Elon Musk confirmed the milestone in email to Tesla employees, highlighting the importance of maintaining that production rate.

“If you are able to help in any way with getting Model 3 production to a steady 1000 per day at excellent quality, everyone at the company should please consider this their top priority,” he stated. “Body production currently appears to be our limiting factor, so it needs the most support right now. Please focus on simplification and reducing cycle time first and then uptime.”

Now that the 1000 units per day production milestone has been reached, Tesla is shifting is focus to reducing costs in an effort to make a profit on the entry-level, $35,000 Model 3. Musk added:

“It’s important to bear in mind that the cost of the car is made up of about 10,000 unique parts and processes.” Musk added. “Depending on how you count it, the current cost of a standard range Model 3 would be around $38,000, so each part or process step only costs around $3.80. That means finding cost efficiencies is a game of pennies, even though it might not seem so.”

Tesla’s next goal is to produce 10,000 Model 3 electric cars per week.

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Tesla

Elon Musk Says Tesla Was Close To Going Bankrupt

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Red Tesla Model 3 EV

The numerous reports claiming that the fledgling automaker was on the verge of death were true.

In an interview with American news and information outlet Axios, Tesla CEO Elon Musk admitted that Tesla came within days of running out of money during the difficult ramp up of Model 3 production.

“Tesla really faced a severe threat of death due to the Model 3 production ramp,” he said. “Essentially, the company was bleeding money like crazy, and if we didn’t solve these problems in a very short period of time, we would die. And it was extremely difficult to solve them.”

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During the period, which he described as “production hell”, Musk spent about 70 percen of his time at the company — sometimes seven days a week — going as far as to sleep in the factory.

Tesla appears to have weathered the storm, at least for now, having successfully ramped up production of the Model 3 sedan and posting a profit during the third-quarter of 2018. However, with the world’s mainstream automakers flooding into the premium electric car market en masse, new challenges lay ahead.

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