In other Tesla news: South Australia announces Tesla as backer of world's largest battery (Sydney Morning Herald) and Why Tesla needs the Model 3 to thrive in a future it helped create (The Washington Post)
"But a spate of negative news this week has brought the electric-car maker’s many challenges into focus, especially its ambitious plans to ramp up production of its first mass-market offering, the Model 3, which begins rolling off the assembly line on Friday.Tesla Loses No. 1 Spot in Market Value Among U.S. Automakers - The New York Times
With investors shying away, Tesla has seen its shares fall by almost 17 percent since Monday’s intraday high, to $308.89, including a 5.6 percent drop on Thursday. That reduced the company’s market capitalization to $50.7 billion, according to Bloomberg, and put G.M. ahead once again, at $52.6 billion."