Tesla revenues surge as it ramps for Model 3 launch
The new vehicle follows a similar design language as Tesla’s previous models and will feature an upgrade to the company’s popular autonomous driving Autopilot functionality.
— Elon Musk (@elonmusk) July 9, 2017
Musk is apparently also owner the first production Model 3 after the customer who placed the first deposit on the vehicle gave his spot to the CEO. "Ira Ehrenpreis had rights to 1st car as he was 1st to place a full deposit, but gave those rights to me as my 46th bday present. Tks Ira!" said Musk on his twitter account.
First Production Model 3 pic.twitter.com/TCa2NSUNI3
— Elon Musk (@elonmusk) July 9, 2017
About 30 Model 3 customers will receive their cars at a party on July 28. Production is expected to grow to 100 cars in August, more than 1,500 by September, and then 20,000 by December.
Tesla will hand over first 30 Model 3s on July 28
Tesla unveiled the Model 3 in March last year and began taking $1,000 deposits for the car shortly after. Within a week, the electric-car company had racked up 325,000 pre-orders. The company has taken some 400,000 pre-orders since then.
This article originally appeared on Business Insider.
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