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Model 3 exact revealing date still under the mist

Even though the information circling around, it is not still officially know when the final reveal of Model 3 could. According to last prediction of Elon Musk it can come after production in July, when they open online configurator. According to previous Musk’s announcements, final reveal also known as “Part 3”, was previously expected for next month or at least April, but he has now apparently changed the plans.

He now ways it will “probably” happen after the Model 3 production starts in July since the first vehicles will go to employees and the configuration will open around the same time. As Electrek reported at the end of 2016, there are over 10,000 reservations from SpaceX and Tesla employees, who are going to be the first to get their orders. At the same time Tesla would hold the final reveal of the Model 3 and open the online configurator to non-employee reservation holders, Musk says.

While preparing Model 3 launching Tesla reported net loss in the fourth quarter

Tesla reported revenue of $2.3 billion in the fourth quarter, an increase of 88 percent from $1.2 billion in 2015. Tesla attributed the latest quarterly loss to capital outlays of $522 million, primarily for expenditures on Model 3 production, a battery Gigafactory in Nevada and investments in customer support. The acquisition of solar panel company SolarCity, which closed in November, added $85 million in operating expenses.

Tesla reported revenue of $2.3 billion in the fourth quarter, an increase of 88 percent from $1.2 billion in 2015. Tesla attributed the latest quarterly loss to capital outlays of $522 million, primarily for expenditures on Model 3 production, a battery Gigafactory in Nevada and investments in customer support. The acquisition of solar panel company SolarCity, which closed in November, added $85 million in operating expenses.

While the Model 3 launch may be the biggest milestone on Tesla’s radar, there are more major investments on the horizon. The company said it plans on opening two or three gigafactories in addition to the Nevada location — which is expected to cost $5 billion — and a solar panel plant in Buffalo, N.Y.

Tesla expecting to deliver 47,000 to 50,000 Model S sedans and Model X crossovers in the first half of 2017. Expected production of Model 3, to the end of 2017 will be 5,000 vehicles per week, and up to 10,000 vehicles a week in 2018.

By |2018-01-09T15:28:53+00:00February 23rd, 2017|Categories: TESLA, US, World|Tags: , , , , , |0 Comments

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