First Reaction - Tesla Model 3
Tesla Model 3:
Images of the first Tesla Model 3 have been captured by CEO Elon Musk after rolling off the production line from the companies Gigafactory based in Nevada, USA.
Due to a shift in the production line, Tesla will now hike the output for the Model 3 from an estimated 100 cars in August to 20,000 per month from December 2017. To mark the first batch of vehicles being supplied to clients, Tesla are looking to host a handover event towards the end of this month.
How is this possible? Elon Musk previously stated that Tesla would look to invest £800 million back into the company to meet the enormous demands required for the Tesla Model 3.
Mr Musk seem's to be paving the way with his recent achievements including sending a used rocket (SpaceX / Falcon9) into the atmosphere and recovering said rocket... pretty incredible by any stretch of the imagination. This innovation will dramatically reduce the £48.1 million price tag associated with the production of each rocket.
Further information to follow once we know more.