The Tesla Model 3 was the best-selling electric vehicle in 2018

Roman Schwartz
February 13, 2019

Elon Musk will also be visiting Norway, which is his third-biggest market. This in sharp contrast to the delivery hell that prompted Tesla to call on their fans to volunteer last September after they had finally brought production up to speed reportedly.

The referral program that ended at the beginning of February gave new buyers six months of free charging and prizes for existing owners such as launching personal photos into deep space or invites to a Tesla event.

The study found that cold temperature can sap electric auto batteries, temporarily reducing their range by more than 40 percent when heaters are used on the inside of the vehicle.

"The profitability picture for 2019 and the all-important Model 3 demand trajectory in Europe for Tesla looks encouraging for Musk & Co., but there is clearly heavy lifting ahead around Europe logistics/cost-cutting/driving incremental USA demand that will remain overhangs and thus make Tesla a "prove me" story the next few quarters", Wedbush's Ives said.

The European market will have one more EV model to consider now as Tesla announce that their Tesla Model 3 has been given the thumbs up in Europe and is expected to arrive next months. "You grow to understand those quite soon after owning an electric vehicle". This is just a month a way, and it is uncertain if Musk himself will be the one to pull the curtains off the new auto.

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The mad rush to blow out Model 3s at the end of the year has left Tesla with very few Model 3s to deliver.

Asked about the reservations list last week by analysts, outgoing CFO Deepak Ahuja declined to disclose how many people remained, calling it "not relevant".

Also, Tesla is under pressure to launch the promised basic version for 35,000 dollars, which founder Elon Musk said will happen in the second half of 2019. He is also going to review the service in Norway since there has been some frustration because of delayed Tesla Model 3 orders.

The two laid-off employees said delivery targets for North America - made up of mostly United States buyers - this quarter would be 55% to 60% of what they were in the last quarter of 2018.

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