Tesla has been proving everyone wrong since its inception and has reached very far by proving others wrong. It has done this in the past, is currently doing it and will continue to do so in the future. Tesla claims that the car will be the third fastest accelerating production car ever produced.
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The Tesla model S P100D will prove that electric cars can be hot rods too. The new model will use the same basic Model S body but will have a 100 kW/h battery.
The new battery will extend the range of performance versions of the Model S beyond 300 miles. Musk also said that if the weather is not too hot a driver could travel from San Francisco to Los Angeles without charging it.
Tesla says that it is the third fastest production car in terms of acceleration. It is behind only to the Ferrari LaFerrari and the Porsche 918 spider. Both those cars are way more expensive than the Tesla model S P100D. While the list of cars ahead of Tesla in terms of acceleration is quite short which is only 2 but the list behind Tesla is quite large which is even more than 200.
Musk has said that the production levels of the new car will be quite low because of the challenges of making such a complex pack. Musk accepts that it is an expensive car but this is what is paying for the Model 3 both in terms of cash flow and research.
The Model 3 is a smaller, more affordable electric car currently under development.
The news of the upgraded model came when Tesla agreed to offer a $2.6 billion to buy the solar panel installer firm SolarCity which is also one of Musk's company which aims at providing solar energy for household consumption.
Tesla said that it will build a total of 500,000 all-electric vehicles in 2018 which is two years ahead of schedule. It also warned that the spending will ramp up as well.
Tesla has been growing gradually. It's a slow process but Tesla has been providing the consumers with new models and new features which are sure to convert the automobile industry into an all-electric one in the coming decades.
The percent change from 2014 to 2015 clearly explains the picture to us. Tesla is the only company in the table to have a positive % change which is as close to 44%.