Tesla Will Soon Start Taking The Orders Of Model 3 In The UK

According to a tweet from Elon Musk, in the United Kingdom, Tesla is all set to open up orders for Model 3 and it is going to happen by early May. The company also plans the same for other markets as well that have right-hand drive vehicles.

In the U.K., the order page of Tesla Model 3 will go live on May 1 or 2 and it then followed by Australia, Japan, Hong Kong, and New Zealand. The company’s U.K. web page says that in the second half of 2019, the deliveries will commence for the right-hand drive markets. In July 2017, the initial Model 3 vehicles were delivered over to the customers of the United States during the fascinating event at the company’s factory in Fremont, Calif. Those first vehicles were delivered to the company’s employees and deliveries hobble along for months due to production blockages. For the company, the evolution into more right-hand drive markets has followed a disappointing Q1. Recently, the company has reported about its loss of $702 million which was way ahead of expectations and has included non-recurring charges of $188 million.

The company’s Quarter 1’s revenues declined to $4.5 billion when compared to $7.2 billion in the Q4, in part due to its non-success to efficiently ship Model 3 vehicles to customers of out of the country. Nearly 50 percent of the company deliveries in the Q1 happened in the concluding 10 days of the period. In an earnings call, Musk pointed it to be insane. The CEO stated that Tesla is varying how it ships vehicles as a result of the barriers the company has faced during the fourth quarter. Instead of manufacturing the cars in series and sending that particular bunch to one region for delivery, the company plans to combine vehicle production customers all around the quarter. This new strategy will put less pressure on the company’s logistics system.

About: Akash Gokhe