Entry-level $35k Tesla Model 3 To Finally Arrive In Early 2019

Tesla will start producing the much advertised entry-level $35,000 version of the Model 3 in the first quarter of 2019, said Elon Musk during the company’s monthly shareholder meeting.

As reported by Jalopnik, the cheaper Tesla Model 3 will employ a smaller battery pack with around 50kWh of capacity, which according to Musk will be ready by the end of this year.

A few weeks ago Tesla’s CEO said that the company must reach first a weekly production rate of 5,000 units and then wait an additional 3 to 6 months before they launch the base version of the Model 3. Tesla is currently producing around 3,500 Model 3s per week.

During the shareholder meeting Tesla said that the Model 3 became the best-selling mid-sized premium sedan in the US for the month of May, selling more examples than rivals like the Mercedes C-Class, the BMW 3-Series and the Audi A4.

It’s been three years since the $35k version of the Model 3 was first announced, leading to hundreds of thousands of prospective customers putting down a deposit and creating immense pressure on Tesla to deliver on its promises.

The Palo Alto-based EV maker recently revealed the more expensive dual-motor Model 3, which combines the base model’s 258hp rear-mounted electric motor with another one mounted on the front, without revealing a combined output figure. They only said that the extra motor allows the Model 3 to complete the 0-60mph in 4.5 seconds, a figure that drops to a supercar-baiting 3.5 seconds for the $78,000 Dual Motor Performance version.

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  • Moveon Libtards

    Hahahaha!

    What JOKE Tesla is. How many times have we been promised this car was right around the corner? Oh, look, you can get red leather seats if Tesla can actually figure out how to make it. Lol

    Reminds me of all those i d i o t s who belived Hitlery C l i n t o n had a “96% chance of winning.” Yup, okay, sure…

    https://uploads.disquscdn.com/images/6993d5b98097210f78167de295574010dd63406c7c2de921253c549c9f410eca.jpg

  • Howfarr

    Market share based on orders or deliveries?

    • Moveon Libtards

      Exactly. Tesla never stops with the propaganda and fake news, this site is its fanboy bullhorn..

    • Alfa Giulia QV

      Good question.

  • 2sfhim

    Selling more examples than the 7 year old BMW 3 series, which is about to be replaced, is certainly a prowess

    • Brent Morrison

      If you count by percentage in the past 7 months, then yes. Let’s come back in 7 years with deliveries (not percentages) and we’ll talk.

  • Alfa Giulia QV

    >Set to go in production in 2019.

    >Multiple production delays push deliveries back to 2020 and 2021.

    • Some ol’ bloke

      I love Tesla, and If I was going to have an electric saloon, they would be my go to, but I have a feeling that they’re pushing back their entry level model 3 because, like airlines, who make no money off economy, they will just go bankrupt, or report low profit and losses If they come out with a car they would be making tops $5000 off.
      Basically, I agree.

  • Spyder Hole Fantome

    Early 19??? Ummmm, ok.

  • Brent Morrison

    All of those cars have been out for years…. yet the graph shows past 7 months? Fake propaganda by Tesla.

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