Tesla to Modify Model 3 in July

May 14, 2018
Elon Musk, CEO of Tesla, said Friday the automaker will start production of an all wheel-drive, dual motor performance Model 3 in July.

May 14, 2018—Elon Musk, Tesla Inc., chief executive, said Friday the automaker will start production of an all wheel-drive, dual motor performance Model 3 in July, reported MarketWatch.

Model 3 sedans with air suspension are likely coming next year, Musk said on Twitter.

At a conference call with analysts following first-quarter results earlier this month, Tesla kept intact the target of producing 5,000 Model 3 sedans a week by the end of the second quarter.

Tesla has moved the goal posts for Model 3 production at least twice. A previous target was for 2,500 Model 3 sedans a week by the end of first quarter; Tesla missed that one, reporting in early April a production rate of around 2,000 a week, said the report.

Sponsored Recommendations

View insights, research and solutions curated specifically for shops like yours.
Our dedicated Valvoline Trusted Advisor Sales and Support Team provides hands-on classroom and targeted in-store coaching to help your employees become more skilled at selling...
Increase Sales and Customer Traffic To Your Store(s).
Reinvigorate your team and business success behind Valvoline's proven strategy that helps separate your business from competitors and create meaningful growth in sales and customer...