First Tesla Model 3 to debut this month: Elon Musk

BY  | FROM  | 2017-07-05 14:48

 In several Twitter posts on Monday, Tesla CEO Elon Musk confirmed that the long-awaited Model 3 electric car will make its debut this month, and the first 30 new cars will be delivered to customers on July 28.
Musk says the new car "passed all regulatory requirements for production two weeks ahead of schedule." The first Tesla Model 3 electric car for the public is expected to roll off the assembly line on Friday.
The company will produce 100 cars in August and more than 1,500 in September. It looks like "we can reach 20,000 Model 3 cars per month in Dec," Musk tweeted.
Model 3 is a major step for the company, and will be priced around 35,000 U.S. dollars. It "achieves 215 miles (346 km) of range per charge" and is "designed to attain the highest safety ratings in every category."

    Related News

      Financial Times

    • Fed fears market misreading of guidance
    • The US Federal Reserve is keen to revamp its forward guidance about future interest rates but terrified of a market misunderstanding, according to the minutes of its September meeting


    • Asian shares rebound after Fed renews dovish credentials
    • Asian shares bounced back and the dollar fell on Thursday after minutes of the U.S. Federal Reserve's latest policy meeting showed policymakers have some concerns about downside risks to the global economy and the dol...


    • Nigeria succeeds at containing Ebola
    • People here are shaking hands again, kissing, hugging, touching. These days, shops are open, people are working, and children are finally going back to 
    Chinese Dictionary: