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Tesla: 1st Model 3 to be built Friday, sales start July 28

 


NEW YORK (AP) — The first Tesla Model 3 electric car for the masses should come off the assembly line on Friday with the first deliveries in late July, the company's CEO says.

CEO Elon Musk, in several Twitter messages early Monday, says the new car passed all government regulatory requirements for production to begin two weeks ahead of schedule. The company plans to hold a party to hand over the first 30 Model 3s to customers on July 28, Musk wrote in a tweet.

The Model 3 is to start around $35,000 and with a $7,500 federal electric car tax credit, could cost $27,500. Tesla says the five...



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