TESLA has announced a guarantee for second hand cars and electric-cars in a deal with the world’s second-biggest carmaker Tesla, offering the first-ever guarantee of a guaranteed second-hand price for a Tesla.
The guarantee will be put to the test in the coming weeks when Tesla is able to confirm the price of a new car.
The guarantee is part of Tesla’s plans to sell vehicles to car buyers in a phased approach over the next two years.
It is not a guarantee that all cars will be made by Tesla in time to meet the firm’s targets for selling 100,000 cars by the end of 2019.
“We are proud to announce that we are now working towards this first guarantee for Tesla and are confident that we will meet our goals,” said Tesla Chief Executive Elon Musk in a statement.
A Tesla spokesperson said the guarantee will provide “a very important incentive for Tesla to deliver on its ambitious target to sell 100,00 electric cars by 2019”.
“The guarantee will also enable Tesla to ensure that all of the cars made by our Model 3 are made in quality and with high-quality components, so that they can meet Tesla’s target of 100,038 electric cars produced in 2019,” the spokesperson added.
For the last two years, Tesla has said it will build up to 100,0000 cars a year, but with the introduction of its Model 3 and the planned production of the Model Y, Tesla is now aiming to hit that target by 2020.
Tesla says it will sell all its vehicles by 2020, and will then sell a large number of electric vehicles at the same time.
But the company said that it will still have to meet some of its target by 2019 and the guarantees it is offering will only cover the first year of production.
This guarantee means that for the first time in its history, Tesla will not be required to sell cars at the first price it sells.
Tesla said it was looking forward to seeing the first Tesla Model X crossover roll out in 2020.
While Tesla is selling a lot of cars, it is not the only carmaker with an ambitious target for electric cars.
Ford Motor Co has said that by 2020 it plans to make all of its vehicles from battery electric, and it is expected to do the same with its Model X. In August, Tesla unveiled its plan to build a battery-powered electric car that would have a range of up to 160 miles, but it is unclear how the company plans to achieve this.
Despite the success of the Tesla Model 3, many analysts say the company is likely to struggle to achieve its ambitious targets for electric vehicles.
However, Tesla did announce last week that it has raised a further $3 billion from investors including Goldman Sachs, Goldman, Deutsche Bank and Morgan Stanley.
According to the firm, the additional funding has allowed Tesla to raise another $3.6 billion, giving it an additional $5.3 billion to invest in its electric-vehicle business.
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