The new mass-market electric car has received regulatory approval, with the first 30 vehicles to be delivered to customers on the 28th July.
Editor’s Remarks: Elon Musk is on a roll with rocket launches and Los Angeles tunnelling, and now the production of his new Model 3 car seems to be ahead of schedule. Regulatory approval to begin construction has been obtained two weeks earlier than expected and Tesla plans to deliver around 20,000 units per month by the end of this year and is aiming for production of 40,000 per month by the end of 2018. Production of Tesla’s Model X car was delayed by two years but the new mass-market model, for which Tesla reported 400,000 pre-orders last year, is on track to beat previous estimates. The car is said to have a range of at least 215 miles on a single charge, and is aimed at a budget market with an affordable $35,000 price tag.