Against its nature, Tesla took the Model 3 — along with the Model S and the Model X — to the Los Angeles Auto Show, which opened its doors today and will receive guests until next Sunday, December 10. Ticket prices for the event range between US$12-30.
The company does not normally participate in these events but on this rare occasion, it is allowing visitors take a look at its newest production model, albeit only from the outside. The car will remain locked-up and only a few selected buyers will know what the highly coveted Model 3 interior has to offer. Those that are afforded this privilege, however, will not see the interior in person.
While Tesla had limited deliveries of its newest model to employees and close friends, the company started sending invitations on November 21 to reservation holders in an attempt to begin configuring their model. These customers were given an estimated delivery time of four weeks. Early shipments are limited to clients choosing the long-range battery and the premium update package, though. Side note: those upgrades come at an extra US$14,000.
Although these invitations have brought some peace of mind regarding production delays, there is still uncertainty among investors as to whether Tesla can deliver on its promises or not. The company is still chasing its elusive Model 3 production goals after falling far short of its 3Q17 goals of 1,500 units with only 260 Model 3s leaving the plant. Investors are still concerned about the company’s capabilities to ramp up production and meet the more than 450,000 orders Tesla has for the Model 3. “It’s very hard to get accurate information about production,” said Ross Gerber, CEO of Gerber Kawasaki Wealth & Investment Management to Bloomberg. “It’s a nerve wracking time.”
The data used in this article was sourced from the Los Angeles Auto Show Website, Bloomberg, Clean Technica and Automotive News.