TESLA chief executive Elon Musk tweeted pictures of the new Model 3 car, which will cost $35,000 and can travel 346km on a single electric charge.

Up to Friday’s close, Tesla shares had risen 7 percent since the company first announced the offer.

He sees Tesla vehicles that will allow drivers “to sleep, read or do anything else enroute to your destination.”

CEO Elon Musk set to unveil 'master plan'

Two Fortune articles suggested the May 7 crash was "material" information investors should have been privy to when Musk and Tesla sold $2 billion in shares nearly two weeks later.

SolarCity has about $6.24 billion in liabilities, including debt.

A report alleging the electric car company exploited workers f-rom eastern Europe to build a high-tech paint shop has prompted Musk to launch an investigation