• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Elon Musk Just Said When the Cheaper Tesla Model 3 Is Coming

Aric Jenkins
By
Aric Jenkins
Aric Jenkins
Down Arrow Button Icon
Aric Jenkins
By
Aric Jenkins
Aric Jenkins
Down Arrow Button Icon
July 3, 2017, 2:08 AM ET

The release date for perhaps the world’s most anticipated automobile has been revealed at last.

Elon Musk announced late Sunday on Twitter that the first production Tesla Model 3 vehicle is expected to roll out on Friday, with the electric car having “passed all regulatory requirements for production two weeks ahead of schedule.”

He then revealed in subsequenttweets that a handover party for the first 30 Model 3 owners will be held on July 28, while production is expected to “grow exponentially” from 100 cars in August to over 1,500 in September, before probably reaching a production pace of 20,000 vehicles a month in December.

The Tesla CEO had previously said the production version of Tesla’s newest vehicle would be showcased in July. Musk unveiled the concept edition of the Model 3 in March 2016, prompting thousands of eager customers to place advance reservations for the car.

Musk’s latest reveal came to a head after a Twitter user pleaded with the CEO to “have mercy” on Tesla fans.

“The speculation on the Model 3 final release date has to stop,” the user tweeted at Musk on Friday.

“News on Sunday,” Musk replied.

News on Sunday

— Elon Musk (@elonmusk) June 30, 2017

The Model 3 is being billed as a mid-range, consumer-friendly option and is Tesla’s cheapest vehicle to date. The four-door sedan is equipped with autonomous, “autopilot” maneuvering and supercharging capabilities across Tesla’s nationwide network of chargers.

About the Author
Aric Jenkins
By Aric Jenkins
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.