Saturday 21 October 2017

And then there were '3' - Tesla makes its new Model

Tesla's Model 3 era is here
Tesla's Model 3 era is here
Eddie Cunningham

Eddie Cunningham

And so the Model 3 era has begun for Tesla with the first cars rolling off the production line at the firm's Gigafactory in Nevada.

The company's chief executive Elon Musk 'launched' the car by publishing two pictures of the first completed model on Twitter.

From here on in the level of production will be increased significantly: reports suggest just 100 will be made in August, 1,500-plus in September but from December they are scheduled to make 20,000-a-month.

We in Ireland won't get a sniff of one for more than a year, more likely 18 months.

In the US, the price of the new car starts at around the $35,000 mark. That would be about €30,700 in Ireland - but before taxes of course.

Already more than 500,000 people worldwide have ordered one. It is an extraordinary start. As part of the global publicity surrounding the car, there will be a special 'hand over' event when the first models will be given to owners on July 28.

Tesla is pumping $1bn into the company to help meet the high demand.

Overall, Tesla plans to deliver more than one million vehicles (Model X, Model S and Model 3) by 2020 when the Gigafactory is expected to reach full capacity.

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