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

pulse

May 2, 2018 10:01 PM

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.

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.

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