Tesla: 1st Model 3 to be built Friday, sales start July 28
NEW YORK — Tesla’s CEO says the first Model 3 electric car for the masses should come off the assembly line Friday, with the first deliveries in late July.
Elon Musk says on Twitter that the new car passed all regulatory requirements for production to begin two weeks ahead of schedule. The company plans to hold a party to hand over the first 30 Model 3s to customers on July 28.
The Model 3 is to start around $35,000. With a $7,500 federal tax credit, it could cost $27,500. Tesla says the car can go 215 miles on a single charge and from zero to 60 in under six seconds. The car is Tesla’s first attempt at true mass production.
The company has had trouble hitting production deadlines on previous cars.
In this March 31, 2016, file photo, Tesla Motors unveils the new lower-priced Model 3 sedan at the Tesla Motors design studio in Hawthorne, Calif. Electric car maker Tesla said on Monday, July 3, 2017, that its Model 3 car will go on sale on Friday.