Tesla designs and manufactures the Model S electric sedan and the Model X electric SUV, and is taking reservations for Model 3, a premium EV starting at $35,000. Tesla also produces a line of commercial and residential battery products.
Palo Alto, CA - Independent testing by the National Highway Traffic Safety Administration (NHTSA) has awarded the Tesla Model S a 5-star safety rating, not just overall, but in every subcategory without exception. Approximately one percent of all cars tested by the federal government achieve 5 stars across the board.
When reporters asked Elon Musk why safety was so important he said it was because he needed to disprove the myth of electric cars being unsafe by making them very safe.
Tesla expects that Gigafactory 1 will reduce the production cost for their electric vehicle battery and Powerwall and Powerpack packs by 30%. Its projected capacity for 2018 is 50 GWh/yr of battery packs and its final capacity upon completion of entire factory is 150 GWh/yr.