Tesla’s Model 3 Car Passed Regulatory Requirements, Elon Musk Tweeted

Elon Musk tweeted that Tesla’s Model 3 sedan car passed all the requirements and is ready for production

With 2 weeks ahead of schedule, Elon Musk proudly tweeted that Tesla Inc.’s Model 3 car has passed all the regulatory requirements and it is now ready for production.

“(Model 3) Production grows exponentially, so Aug should be 100 cars and Sept. above 1,500. Looks like we can reach 20,000 Model 3 cars per month in Dec. Expecting to complete SN1 on Friday.” Musk said on Twitter.

A person who is familiar with the issue confirmed that the SN1 is the first car off assembly line available for sale.

Moreover, Musk mentioned back in May that Tesla was on its track to begin the production of the $35,000 Model 3 in July.

In terms of production amount, Tesla mentioned that they expect to produce over 5,000 Model 3s per week by the end of the current year, and 10,000 per week “at some point in 2018”.

Reuters reported that Tesla had shut down the production process at its California assembly plant for a week in order to produce the Model 3 sedan, so that they could meet their target of starting production in July.

This decision comes as a conclusion of their previous delays in production. Their previous launches for Model S and Model X sports utility vehicles were hit by delays and initial quality issues.

This track record lead to analysts being skeptical about the Model 3 launch in July. Even so, the markets are waiting to see how everything goes.