(Names used less than five times are not included for privacy reasons.) No national list exists in Canada, but while provincial lists show some scattered usage of the name, no trend similar to the US has emerged, yet.
Tesla Inc., the American automaker is working on a backup plan if its long-standing promise to bring "Full Self-Driving Capability" onto roads falls short to meet the market demands, claimed the latest report, and published by Electrek.
According to Tesla CEO Elon Musk, the Model 3 will represent an enormous advance in architectural efficiency by requiring a fraction of the electrical wiring that is needed in its older vehicle, the Model S. So too is the car's creator, Musk, who appears to have single-handedly cemented Elon as a boy's name.
Previously, Tesla's luxury line of vehicles has been produced in much smaller numbers. They're citing language that exempts Gigafactory 1 from the usual curbs that would prevent Tesla from using the factory as collateral for even more debt.
Production hell just got a little more manageable after Friday's bond sale. "It made sense for Tesla - what they really need is a lot of cash".
Goldman Sachs, Morgan Stanley, Barclays, Bank of America Merrill Lynch, Citigroup, Deutsche Bank and RBC are the book-runners on the bond offering, IFR reported. He walked away with orders for $600 million after just a few hours, according to investors briefed on the matter.
Musk hopes to accelerate production cycle time through a combination of plant automation and by designing vehicles for simpler construction - such as the Model 3 and the Model Y.
Imagine a loss-making company - that has historically suffered from a demonstrable lack of operating profit for the entirety of its corporate existence, with a high cash burn rate, substantial debt load and an absence of borrowing history - decides to tap the bond market via a mammoth issuance.
"His analysis came after Tesla announced on its website that it will be offering "$1.5 billion in aggregate principal amount of its senior notes due 2025". The Bloomberg Barclays High Yield Index closed at a five-week high of 5.71 percent on Thursday, amid escalating tension in the Korean Peninsula.
The fact that Tesla only asks for $1,000 to pre-order the Model 3 explains why many weren't reluctant to purchase the auto but it resulted in a long queue for the buyers to bear.