With the Model 3, Tesla is on the verge of something it’s never done
Tesla will unveil its long-awaited, much-anticipated Model 3 mass-market vehicle in Los Angeles next week.
Hype around simply seeing the car for the first time has been huge; Tesla shares have undergone a major recovery over the past month, after the stock cratered at the beginning of the year.
The company is now trading well above $200, after dropping below $150. Share-price volatility is nothing new for Tesla. Outside the narrow considerations of the stock, the business itself is spectacularly up-and-down. Making cars is tough, and Tesla is still learning how to make cars.