Tesla Model 3The Tesla Model 3 is almost here: company chief Elon Musk tweeted last night the very first deliveries will commence on 28 July in a special handover party for 30 customers. It’s a significant milestone for the electric car company, which has already taken almost 500,000 $1000 preorders (£1000 in the UK) for the family-sized new electric car. 

The first production Model 3 will roll off the line this Friday (7 July). 

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Tesla’s most affordable car ever, the £35,000 Tesla Model 3 will rival the Nissan Leaf and significantly increase Tesla’s model sales. The firm plans to build around 10,000 Model 3s a week by 2018: that’s more than half a million cars a year. 

Production will rapidly increase once initial deliveries commence, added Musk: August deliveries will total around 100 cars, quickly rising to more than 1500 cars in September. 

By the end of the year, the production line will really be pumping out the Model 3s, reckons Musk.

The Model 3 is a make-or-break car for Tesla, which aspires to become the world’s leading producer of zero-emissions electric cars. The new car will see build volumes skyrocket and take on electric car leaders such as Nissan, a firm that recently celebrated selling 20,000 Leafs in the UK.

Tesla’s ambition is to build and sell 20,000 Model 3s every four weeks…

The Tesla Model 3 will have a 215-mile electric range, seat five adults, boast Autopilot hardware and accelerate from 0-60mph in less than 6.0 seconds. It will also be able to use the Tesla Supercharger fast-charge stations that are increasingly being seen across the UK, albeit at extra cost