If you are anything like me, we can both agree on the fact that Tesla is one of the most economically friendly super cars out on the market. A few hours ago, founder and CEO Elon Musk announced that the Model 3 is ready for production and that the first car is expected to be completed by Friday.
Now, Tesla is not the cheapest automobile by any means, but what makes this car special is that it is Tesla’s entry level car, and starts just at 35k before taxes; a number that most of the general population can truly stand behind.
Sources say that the company should expect to produce 20,000 vehicles by this December.
Tesla will reveal the finished Model 3 this month — here's everything you need to know about the car pic.twitter.com/PbOSgQlpcK
— Business Insider (@businessinsider) July 3, 2017
This car is bad ass and is a game changer in today’s automobile world. Here was Musk’s first tweet breaking the news.
Model 3 passed all regulatory requirements for production two weeks ahead of schedule. Expecting to complete SN1 on Friday
— Elon Musk (@elonmusk) July 3, 2017
And since his announcing of the news, stocks have opened up at $368.36 a share. I guess you could say a good amount of people are excited about this news.
— Markets Insider (@MktsInsider) July 3, 2017
Elon Musk has a net worth at about $16.7 billion dollars. The entrepreneur’s mission is to try and redefine transportation on earth and space, and hopefully aim to bring fully-electric vehicles to the mass market. Prior to starting Tesla, he made his fortune as a cofounder of PayPal. Other sources say that the Model 3 is a critical test to hopefully turn Tesla into a mass producer.