Tesla Unveils Car for the Masses | Crunch Report | Summary and Q&A

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April 1, 2016
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Tesla Unveils Car for the Masses | Crunch Report

TL;DR

Tesla introduced the affordable Model 3 with starting price at $35,000, Slack raised $200 million at a $3.8 billion valuation, Google's April Fool's prank backfired.

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Questions & Answers

Q: What are the key features of the Tesla Model 3?

The Tesla Model 3 offers a starting price of $35,000, 0 to 60 mph acceleration in under six seconds, at least 215 miles of range per charge, a 15" touchscreen, autopilot hardware, and front and rear trunks.

Q: How much funding did Slack raise and what was its valuation?

Slack raised $200 million in funding, leading to a post-money valuation of $3.8 billion.

Q: How does Managed by Q differ from other on-demand services?

Managed by Q stands out by hiring W-2 employees as operators who handle various office tasks, unlike many other on-demand services that use independent contractors.

Q: Why did Google remove the mic drop button from Gmail?

Google had to remove the mic drop button because it caused issues for some users, resulting in important emails being mistakenly marked as completed. One person even claimed they lost their job because of it.

Summary & Key Takeaways

  • Tesla announced the Model 3, the most affordable Tesla to date, priced at $35,000 with features like autopilot hardware and over 215 miles of range per charge.

  • Slack raised $200 million at a post-money valuation of $3.8 billion, securing its position as a leading business messaging startup.

  • Managed by Q, an on-demand workforce company, received a $25 million Series B funding round from Google Ventures and Kapor Capital.

  • Rapper Kanye West released his album "The Life of Pablo" on Spotify, Apple Music, and Google Play Music, despite originally stating it would only be available on Tidal.

  • Google's April Fool's Day prank, the mic drop button in Gmail, was removed due to causing unintended problems.

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