+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Elon Musk reveals that Tesla's dual-motor Model 3 will arrive in July

Apr 9, 2018, 22:30 IST

Hollis Johnson/Business Insider

Advertisement
  • Elon Musk said Tesla would likely start producing the dual-motor version of the Model 3 in July.
  • Musk said the company would have to produce 5,000 Model 3 vehicles per week "before adding complexity that would inhibit production ramp."
  • He also said white interiors may become available around the same time.


While Tesla has accelerated production for its Model 3 mass-market sedan in recent months, the company is still only making and delivering one version of the vehicle.

Eventually, the $35,000 version with a standard battery will become available, but for now, customers who have the option to configure their Model 3 can only purchase the long-range version with rear-wheel drive, which starts at $49,000. And those who want the dual-motor, all-wheel-drive version were told it would arrive in mid-2018. On Sunday, Musk clarified that timeline on Twitter, saying Tesla would likely start producing the dual-motor Model 3 in July.

Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

Musk was responding to a Twitter user who claimed his Model 3 "has been sitting in the configuration for months waiting on" the dual-motor option and asked when Tesla would start producing it.

Musk replied that the company would have to produce 5,000 Model 3s per week "before adding complexity that would inhibit production ramp," and predicted the dual-motor version would start production in July. He also told a Twitter user who asked when a white interior would become available that it would be subject to "similar timing."

Advertisement

On Tuesday, Tesla said it produced 9,766 Model 3 vehicles during the first quarter and 2,020 during its final week. That fell short of the company's goal of producing 2,500 Model 3s per week by the end of the quarter, but overall Model 3 production during the quarter increased from the fourth quarter of 2017, when Tesla made 2,425 Model 3s.

Tesla had previously hoped to make 5,000 per week by the end of 2017, but has pushed that target back to the end of June.

NOW WATCH: There's only one thing that can rescue stocks from a trade war disaster

Next Article