Tesla Motors reveals the new Model 3 sedan the lower priced car at the Tesla Motors design studio in Hawthorne, Calif. The Tesla car maker said on July 3, 2017, Monday that the Model 3 car will be on sale on Friday.
The first Tesla Model 3 electric car come on Friday off the assembly line with the first deliveries as late July, says the company’s CEO.
CEO Elon Musk, early Monday, in his Twitter messages, says the new car passed the requirements of government regulatory for production to begin well before the schedule for two weeks. The company plans to hold a party before handing on July 28 over the first 30 Model 3s to customers, Musk wrote in a tweet.
The Model 3 will begin around $35,000 with a $7,500 federal electric car tax credit, costing around $27,500. Tesla says this five-seat car will go 215 miles (346 kilometers) on one charge and will be sporty, accelerating per hour from zero to 60 miles in under six seconds.
Musk tweeted the company will be producing 100 cars in August and over 1,500 in September. “Looks like we reach 20,000 Model 3 cars in December per month,” he wrote.
Musk’s tweets erase doubts that Tesla will meet deadlines for mass producing the cars that is key to the company making money. Previously it faced delays in getting vehicles to reach the market. The Palo Alto, California-based company now aims to make 10,000 Model 3s per week in 2018.