Tesla Says Model 3 Production Is on Track

The transcript discusses Tesla's financial performance, highlighting a wider-than-expected loss but a positive stock market reaction. It covers the Model 3 production timeline, gross margin improvements, and the company's ambitious growth targets. Despite financial challenges, Tesla's story and leadership under Elon Musk continue to attract investor confidence. The discussion also touches on capital expenditures and the potential impact on future profitability, comparing Tesla's approach to other tech giants like Amazon.

Discuss the contrast between Tesla's business model and that of Facebook as mentioned in the text.

What are the potential price points for the Model 3, and how might they affect its market appeal?