Elon Musk Company has just delivered its first vehicle ‘the Model 3’ into the market. It is the company cheapest car to date.
Elon Musk decisive goal for Tesla was to create a reasonably priced electric car
Most of the first thirty customers are employees of company. Musk delivered them electric car at a ceremony on Friday. With this, company has started the production.
Chief executive, Elon Musk said that Tesla Model 3 was among the “best car for its cost, either electric or gasoline”. The starting price started at $35,000 (£26,650). While, past models had an initial price of $80,000.
Tesla also intended to produce 5,000 units of Model 3 in a week in this year and increase it to 10,000 a week by 2018. Now, buyers have to wait for delivery late next year. Over half a million consumers have already deposited.
It will challenge other companies like BMW, Mercedes, and Lexus in the US, if Tesla successfully sell many cars annually.
This moment also marked a history for CEO Elon Musk. He aimed in 2006 that his decisive goal for Tesla was to create a reasonably priced electric car.
The Roadster was the first sports car which raised Tesla profile for electric cars in 2008. Many other companies are also investing in electric vehicle technology like General Motors. However, Tesla was the first to show electric car.
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