Tesla Model 3 release date: Sedan to begin production in July 2017; first delivery in late 2017

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Since the Tesla Model 3 was unveiled earlier this year, car enthusiasts have been wondering when it would hit the market. Is it this year, or next year?

While no one knows for sure when Tesla Motors will release the all-electric sedan, analysts at Market Exclusive believe that the production of the first batch of Model 3 cars will start on July 1, 2017. Of course, customers will be getting their vehicles at a later date. The Week UK seems to believe that first deliveries of the Model 3 are set for late 2017; however, many buyers probably won’t be getting their sedans until 2018.

The publication also says that Tesla will increase production of the sedan if it is successful in the market. The automotive company will allegedly produce 100,000 to 200,000 Model 3s next year, and it will step up production and make 500,000 sedans annually starting 2018.

Meanwhile, Market Executive analyst Andy Parker says that the Model 3 may arrive in Asia sooner than the United States because local contractors can be called upon to assist in the cars’ production, especially in China. He also thinks Tesla will set up a production facility in China to keep up with the orders in the Asian market.

However, noted Tesla enthusiast Stephen Pace wrote in the comment section of Parker’s article and said that he is certain that the Model 3s will hit California first before it appears anywhere else. “Besides logistics, there are plenty of sound business reasons to get it into friendlier hands first which is why employee orders are being filled first,” Pace added.

The battery-powered Model 3 can run for around 215 miles on a single charge, and it can go from zero to 60 mph in under six seconds. The sedan has enough space for five adults to sit in and it will have autopilot hardware. The base model of the Tesla Model 3 will cost $35,000.