ADVERTISEMENT

Tesla hints at when its $35,000 Model 3 will actually arrive (TSLA)

Tesla said it expects to start making 5,000 Model 3 vehicles per week "in about two months," at which point it will start to offer new options, like the $35,000 base model and all-wheel-drive.

  • In the report, the company said it expects to start making around 5,000 Model 3 vehicles per week "in about two months," at which point it will make new options available Model 3 customers.
  • "After achieving a production rate of 5,000 per week, we will begin offering new options such as all-wheel-drive and the base model with a standard-sized battery pack," the company said.
ADVERTISEMENT

Tesla had planned to make 5,000 Model 3 vehicles per week by the end of 2017 when it launched the vehicle in July, but it adjusted that goal after making just 2,425 Model 3s during the fourth quarter. The company achieved a significant increase in its Model 3 production rate during the first quarter of 2018, but failed to reach its goal of 2,500 vehicles per week. In an April letter to Tesla employees, Musk said he expected the company to be able to produce 6,000 Model 3 vehicles per week by the end of June.

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

10 African countries that waste the most food in 2024

10 African countries that waste the most food in 2024

US troop withdrawal from Niger hangs in the balance

US troop withdrawal from Niger hangs in the balance

Detained Binance executives sue Nigerian authorities for human right violation

Detained Binance executives sue Nigerian authorities for human right violation

Nigeria's central bank increases minimum capital base for banks

Nigeria's central bank increases minimum capital base for banks

Sony’s creators convention redefines the creative landscape for content creators

Sony’s creators convention redefines the creative landscape for content creators

Exploring the popularity of progressive jackpot slots in Indonesia

Exploring the popularity of progressive jackpot slots in Indonesia

Egypt, Nigeria, and South Africa ranked as Africa's most polluted countries in new report

Egypt, Nigeria, and South Africa ranked as Africa's most polluted countries in new report

10 African countries with the lowest life expectancy according to the World Bank

10 African countries with the lowest life expectancy according to the World Bank

Kenyan women are more obese than their men - here’s why

Kenyan women are more obese than their men - here’s why

ADVERTISEMENT