Even though the other Tesla models were pretty successful, the Tesla Model 3 is what really matters right now. The Model 3 will be the first affordable Tesla that we will be getting and it will be the vehicle that will help decide the future of Tesla which is why it is so important to get it right.
Tesla announced that they wanted to start producing the vehicle this year and while some people were skeptical about whether they will be able to start producing this year or not, Tesla is determined to make it happen.
To get things rolling, Tesla will be shutting down their Fremont plant so that they can prepare the plant for the Model 3 production. This means that the Model 3 production will most likely start this year.
Their goal right now is to produce at least 500,000 vehicles by 2018. So far, Tesla already has about 373,000 pre-orders. The Tesla Model 3 retails for $35,000.