Menu

Search

  |   Technology

Menu

  |   Technology

Search

Elon Musk Tweets Photos Of New Tesla Model 3, Production Underway

Tesla Model 3.Steve Jurvetson/Flickr

The Tesla Model 3 is one of the most highly anticipated cars in the world and its production phase is closely watched by practically every auto enthusiast publication and news network. Recently, CEO Elon Musk Tweeted a picture of one of the cars, which is the first to come out of production. It’s being taken as a sign that Tesla is finally ready to start meeting its own production deadline.

As BGR notes, Tesla has earned the unfortunate reputation of missing its production targets with regards to its previous cars. However, it would seem that the company has finally learned from past mistakes and is set to meet demands as scheduled.

With regards to the honor of owning the first Model 3 to come out of the production line, the privilege would go to the owner of the company himself. It would seem that the car would be going to Musk, as was the case when the first Roadster and Model X came out. There’s no nefarious dealings involved in this case, however, as the car was actually a gift from Ira Ehrenpreis, one of the company’s board members.

Musk also clarified via Tweet that the first person to get a car from the company is the first to pay full price. That’s why he didn’t get the first production model of the Model S.

The next drivers to get behind the wheel of the Model 3 will be the first 30 who already made reservations. Delivery is set to be on July 28th, BBC reports, at which time the owners will get to try the four-door sedan.

Costing $35,000, the Model 3 is Tesla’s cheapest vehicle. This puts it in the range of mass-consumer cars. It’s also almost half as cheap as the company’s next cheapest model, but it will still come with Tesla’s signature goodies.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.