Tesla has produced 1 million electrical automobiles, in response to the agency's CEO Elon Musk, who congratulated the "Tesla crew" on the milestone by way of a tweet.

Information of the landmark determine got here after Tesla shares dropped by over 13% yesterday, amid persevering with issues concerning the coronavirus outbreak and a steep drop in oil costs. The Nasdaq Composite index, on which Tesla is listed, fell 7.three p.c on the day. In prolonged hours buying and selling Tuesday, Tesla shares have been over 10% larger.

At present, Tesla presents 4 fashions of electrical automobile: the Mannequin three and Mannequin S, that are sedans, and the Mannequin Y and Mannequin X, that are varieties of SUV. Deliveries of the Mannequin Y are resulting from begin by the tip of this quarter.

Musk's announcement comes at a time when a number of massive automakers are making strikes into the electrical automobile sector.

Final week, the BMW Group launched particulars of an electrical idea automotive, the BMW Idea i4. Manufacturing of that automobile is predicted to...