Short Torque

Tesla calls Wall Street to ready Model 3 push

Elon Musk needs to raise at least $1.15 billion more in funding to bring his more affordable Model 3 to market. His believers, along with investors who buy into the vision of Tesla, could hardly be happier. After burning through cash late last year and Musk's warning to Wall Street that company coffers were "close to the edge", Tesla announced that it would sell new stock and convertible securities while preparing for volume production and deliveries of its first mass-market car later this year.

Views differ on self-driving realization