---
title: "Tesla Model 3 Still on Schedule, For Serious"
description: "No, really! Honest!"
date: "2017-05-04"
modified: "2017-05-04"
authors:
  - name: "Eric Brandt"
    link: "https://www.thedrive.com/authors/eric-brandt"
url: "https://www.thedrive.com/article/9962/tesla-model-3-still-on-schedule-for-serious"
categories:
  - "News"
tags:
  - "Electric Vehicle"
  - "Elon Musk"
  - "model 3"
  - "new cars"
  - "sedan"
  - "Tesla"
---

# Tesla Model 3 Still on Schedule, For Serious

![](<https://www.thedrive.com/wp-content/uploads/images-by-url-td/content/2017/02/tesla-model-3-hero-image.jpg>)
*\<em\>www.thedrive.com</em>*

While Tesla is doing what they do best ([burning through tons of cash](<https://www.thedrive.com/tech/9951/tesla-delivered-a-record-25021-cars-last-quarter-but-still-lost-money>)) the company assured investors that the new Model 3 was [still slated to start production in July of this year.](<https://www.bloomberg.com/news/articles/2017-05-03/tesla-bulls-can-exhale-as-musk-on-time-with-dawn-of-model-3-era>) There's a lot at stake for investors considering Tesla's stock is now more valuable than that of Ford and GM which are businesses that make profits.

It's hard to imagine a bad future for Tesla if the upcoming Model 3 can deliver on its lofty promises. But, that's a pretty big "if". The rollout of the [Model X](<https://thestore.thedrive.com/>) crossover was a messy one riddled with build problems and parts shortages. Elon Musk learned from his Model X mistakes and says the new Model 3 sedan was designed to be easy to build. Musk is marketing the Model 3 to investors as just being "a smaller, more affordable version of [Model S](<https://thestore.thedrive.com/>),” with “less range and power and fewer features.”

Well when you put it that way, Elon, the Model 3 doesn't sound that desirable.

When the Model 3 eventually comes out it's expected to have a starting price of $35,000 (before incentives) which is very similar to competing entry-level luxury cars. Rage is expected to be a respectable 215 miles. About 400,000 people have pre-ordered the Model 3 after the first concept was unveiled last March.

Deliveries of the Model 3 are expected to begin in the second half of 2017. Tesla is hoping to produce up to a half million cars per year and if you reserve a Model 3 now, you might get it in late 2018, but you might be waiting even longer. Sticking to the production schedule is the first step in making the Model 3 a hit.

### Author social links  
[Twitter](<https://twitter.com/brandt004>)