How to preorder the $25000 Tesla Model 3

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How to preorder the $25000 Tesla Model 3

Company CEO Elon Musk has said in the past that the company is not expected to be profitable by traditional, GAAP standards until around 2020.

The slower-than-planned launch of the company's Model X sport utility vehicle during the last quarter added $67m in unplanned costs, Tesla said.

Musk said, "We're really looking forward to the unveiling of the Model 3 at the end of next month".

Here's what we do - and don't - know about the auto.

The company has said the auto would become available in late 2017 though analysts from Barclays and Morgan Stanley say mid- to late- 2018 is more realistic.

Although the company did not give any update on the progress of Model X production ramp, but announced that the crossover will soon comprise a larger share of total deliveries.

Die-hard Tesla fans who are expecting to buy the vehicle regardless of what is revealed at the end of March should start saving, however.

 

 

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