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Here's the first real, production Tesla Model 3 (TSLA)

The first production Tesla Model 3 is built and ready to roll, Tesla CEO Elon Musk said on Saturday. Musk shared pictures of the car, the company's first mass-market electric vehicle, on Twitter. First Production Model 3 pic.twitter.com/TCa2NSUNI3 — Elon Musk (@elonmusk) July 9, 2017 pic.twitter.com/is6Hthjjoj — Elon Musk (@elonmusk) July 9, 2017 This particular Model 3 belongs to Musk, who teased photos of the car earlier Saturday afternoon: "Production unit 1 of Model 3 is now built and going through final checkout. Pics soon."The customer who placed the first deposit on the Model 3 apparently gave his spot to Musk, the CEO said on Twitter: "Ira Ehrenpreis had rights to 1st car as he was 1st to place a full deposit, but gave those rights to me as my 46th bday present. Tks Ira!"About 30 Model 3s will be delivered to customers on July 28. Tesla said it would produce another 1,500 cars in September, and grow to about 20,000 cars per month by December.Tesla unveiled the Model 3 in March last year and began taking $1,000 deposits for the car shortly after. Within a week, the electric-car company had racked up 325,000 pre-orders.At the time, Tesla said the aggregate value of the pre-orders equaled about $14 billion in future sales. The company has taken some 400,000 pre-orders since then.SEE ALSO: Everything we know about the Tesla Model 3, the company's $35,000 mass-market electric carJoin the conversation about this story » NOW WATCH: We drove a brand-new Tesla Model X from San Francisco to New York — here's what happened

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7 startups that were massively funded that died in 2017

Where there's life, there's death, and Silicon Valley is no different. For every billion dollar unicorn, there are endless numbers of start-ups that have passed into the ether — laying off their engineers in matching, branded t-shirts; closing down their game rooms filled with ping-pong tables; and leaving heartfelt goodbye notes for customers on their soon-to-be defunct websites.We're halfway through 2017 and already a group of startups that together raised $1.48 billion have shut down. From February's shuttering of Beepi, a used car exchange once valued at $560 million, to this week's closure of gadget maker Jawbone, which was once worth $3 billion, these are the start ups we've lost so far in 2017 — and one whose demise looks imminent. May they disrupt in peace. SEE ALSO: A 500 Startups partner just quit, saying leadership was untruthful about the Dave McClure situationBeepi: 2013 — February 2017Capital raised: $150 million Peak valuation: $560 million Beepi, the website that brought together car buyers and used-car sellers, shuttered in February. Both Fair.com and used-car dealer DGDG considered buying Beepi, but ultimately decided against it. In the end, Beepi ran out of money. Quixey: 2009 — February 2017Capital raised: $133 million Peak valuation: $600 million Quixey, a mobile search engine that was able to crawl apps, laid off most of its staff at the end of February. It seems the company never found its footing or a steady revenue source, despite replacing its founding CEO, Tomer Kagan, in March 2016. Yik Yak: 2013–April 2017Capital raised: $73 million Peak valuation: $400 millionYik Yak — the anonymous social media app that was at the center of several college harassment scandals — announced its closure on April 28, after struggling to keep users on its platform. The payment company Square acquired the Yik Yak engineering team days before the startup closed shop for a cool $3 million.See the rest of the story at Business Insider

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