Tesla is expected to dramatically increase Model 3 production in 2018 with total Tesla vehicle production approaching 500,000 units annually. The Model 3 already has over 400,000 pre-orders with Tesla’s rabid fanbase clamoring for any glimpse or tidbit of news related to the upcoming vehicle.

The Model 3 was first unveiled over a year ago at a lavish event at Tesla’s headquarters in Hawthorne, California. At the time, Musk said he was “fairly confident” that deliveries will begin by the end of 2017, and “you will not be able to buy a better car for $35,000, even with no options.”

At a shareholder meeting last month, Musk said the first Model 3 customers would be limited in their ability to customize their orders — basically just color and wheel type. “I should say that we’ve kept the initial configurations of the Model 3 very simple,” Musk said. “A big mistake we made with the X, which is primarily my responsibility — there was way too much complexity right at the beginning. That was very foolish.”

Sourced through Scoop.it from: www.theverge.com