Tesla says new orders for its Model 3 won’t be filled until mid-2018

Tesla Motors Inc. said buyers who place new orders for Model 3 vehicles can expect to begin receiving deliveries as soon as mid-2018, with production starting as scheduled late next year. To dispel any misunderstandings with customers who’ve placed pre-order deposits and those considering, the automaker announced it wants to clarify timing for the long-anticipated electric car.

The Model 3, which is slated to begin at $35,000 before government incentives, is the key to Tesla’s plan to create a larger market for EVs. The company first unveiled the Model 3 at an event at its Hawthorne, Calif., design studio on March 31. In May, Tesla said it had received about 373,000 pre-orders for the car. Tesla’s update on the Model 3 came on the eve of another announcement scheduled to be made today. Analysts are speculating about a long list of possible company news, including that it could have something to do with an Autopilot update, a replacement for supplier Mobileye, or launching an entirely new vehicle.

Read more

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s