1. Product architecture 7 years with refresh at 3 years and redesign at 7.
2. GEN III will have the form-factor of the Model S and will try to have autopilot.
3. Gross Margins on Gen III will be lower than the 25% projected for Models S and X in order to increase market share and improve affordability.
4. minimum 40,000 units/year demand
5. going from 34 Stores and Galleries to 50.
6. Lot of opportunity in middle America
7. Will have 70 service centers which will soon show up, prior to opening, on teslamotors.com
8. Model X doors will have pinch strips and proximity sensors.
9. End of 2016 will premier Gen III
10. Elon thinks there should be an incentive program for Tesla owners who "sell" cars to their friends.
11. Quick charging is the final announcement and there will be a LIVE DEMONSTRATION on June 20.
12. 120kw charging speed is not the end of the improvements to Supercharging.
13. Zero rent or tiny rent for Supercharging.
14. Expand sales, service and supercharging to rest of world middle of 2014
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