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The company is currently spending about

The company is currently spending about $1bn per quarter, largely to set up the Model 3 factory, and is contemplating a factory in China to build cars.Charging and maintaining electric trucks that crisscross the country could be expensive and complex.The sports car is an updated version of Tesla’s first production vehicle.It can seat four and travel 620 miles (1,000 km) on a single charge – a new record for an electric vehicle, Musk said.It also highlighted the ambitions of the luxury electric car maker, which is piling on projects as it struggles to roll out a more affordable sedan on which the company’s future depends.

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The company is currently spending about $1bn per quarter, largely to set up the Model 3 factory, and is contemplating a factory in China to build cars.

Charging and maintaining electric trucks that crisscross the country could be expensive and complex.

The sports car is an updated version of Tesla’s first production vehicle.

It can seat four and travel 620 miles (1,000 km) on a single charge – a new record for an electric vehicle, Musk said.

It also highlighted the ambitions of the luxury electric car maker, which is piling on projects as it struggles to roll out a more affordable sedan on which the company’s future depends.

As the presentation appeared to end, the Tesla Semi opened its trailer, and the Roadster drove out.

bn per quarter, largely to set up the Model 3 factory, and is contemplating a factory in China to build cars.Charging and maintaining electric trucks that crisscross the country could be expensive and complex.The sports car is an updated version of Tesla’s first production vehicle.It can seat four and travel 620 miles (1,000 km) on a single charge – a new record for an electric vehicle, Musk said.It also highlighted the ambitions of the luxury electric car maker, which is piling on projects as it struggles to roll out a more affordable sedan on which the company’s future depends.

“We met with Tesla and at this time we do not see a fit with their product and our fleet,” Dave Bates, senior vice president of operations, said in an email, without elaborating.The heavy batteries eat into the weight of cargo an electric truck can haul.The truck can go up to 500 miles (800 km) at maximum weight at highway speed, Musk said, without giving the size of the payload.Shares of Tesla have risen 46 per cent this year to make the company the number two US auto-maker by market value.A semi-truck driving simulator for your mobile device.