Elon Musk has just tweeted pictures of the first production unit of the Tesla Model 3 which rolled out from its Fremont, USA, factory. It’s a landmark because the $35,000 long-range electric car is the first from Tesla aimed at the mainstream market – the Tesla Model X and Model S are priced three times higher.
The Tesla Model 3, therefore, could determine the viability of the company as an auto maker.
“If Tesla can satisfy the Model 3’s pent-up demand with a dependable and profitable vehicle it will finally justify a stock value that has it rivaling GM in capital value.