Oct 11, 2016 10:25 PM EDT
Tesla News Round Up: Musk's 'Tweets,' Factory Expansion, What You've Missed

Tesla shares plummeted. A lot of problems that plagued Tesla seemed uneding. Then Robert Murray accused Tesla Motors Inc, for being a 'fraud'. Then, two unexpected Tesla events are about to unravel no later than this month.

What has happened so far?

Tesla becomes a 'threat' for the oil and petroleum industry; boasts of 3,200 plus charging locations world wide

Experts have projected a decrease in gasoline demand of about 300,000 barrels  per day. This  was based on a report by Wood Mackenzie. You can view the entire  report here.  

Discontinuation of the ‘Model Y’

Their SUV compact crossover famous for its ‘Falcon Wing’ doors will soon be phased out. Though the initial Tesla EVs was received with enthusiasm, backlash soon followed suit.
Myriad of complaints poured in on how inconvenient the innovative door design has been. Tesla users aired their “door’ problems on internet forums, posted photos on ‘Social Media’

What do we expect?
Everyone is wishfully thinking an having high hopes that Tesla will deliver. Despite its consistent release date delays, fans remain un-faltered in their faith towards the EV maker. There has been very high anticipation towards the Model 3 release date. It has been speculated that  Asia will receive their Model 3s first.
Musk is seen as a visionary compared to fellow automaker Henry Ford. The latter was known for making cars during his day available for everyone. Similarly, Musk’s Model 3 is his attempt to make EVs budget-friendly and within (financial) reach of the masses.

We all are just left waiting in awe just what will be this EV genius’ next step.

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