Tesla Planned to Deliver First Model 3 Cars this Month

On Sunday, Tesla Chief Executive Elon Musk pointed that the coming June 28, the company would release the first batch of its new Model 3 sedans.

Investors and customers are eagerly waiting for the launching date by Silicon Valley company which at $35000 is far less expensive when comparing with other than its two current models. This is to make sharp increase its total sales on cars.

CEO Elon Musk tweeted,

“Model 3 passed all regulatory requirements for production two weeks ahead of schedule,” 

The automaker is intending to dramatically ramp up the output of the eagerly awaited vehicle in the upcoming months.

Tesla Chief Executive Elon Musk pointed that the coming June 28, the company would release the first batch of its new Model 3 sedans. 

Tesla Chief Executive Elon Musk pointed that the coming June 28, the company would release the first batch of its new Model 3 sedans.

According to Musk, Tesla (TSLA) plans to produce 100 Model 3 cars in August, 1,500 in September and 20,000 in December, according to Musk. This is only after throwing a “handover party” for the first 30 customers.But for the cars, the schedule won’t put much of a hole in the enormous backlog of orders.

Musk declared at the company’s annual shareholder meeting that anyone is putting down an order now, then they seemingly wouldn’t get their car only before the end of 2018.

Tesla already opened up pre-orders for the Model 3 more than a year ago. Even though more than 300,000 customers put down $1,000 deposits to hold their place to buy a car.

Tesla hasn’t updated the pre-order count, but Musk said last month that

“there are more and more deposits every week.”

In recent months, Investor hopes for Model 3 sales that have helped push up Tesla’s stock price, taking the company’s market value above those of traditional automakers like Ford and General Motors.

Priced at $35,000, the new vehicle will cost far less than previous Tesla models that help broaden the brand’s appeal.

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Author: Guru

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