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May 4, 2016 10:04 pm GMT

Tesla sets July 1, 2017 production date for Model 3, but there's a catch

Model_3_duo

Tesla has set a Model 3 production date of July 1, 2017. Of course, there's a caveat.

Elon Musk revealed during the Tesla first quarter earnings call Wednesday afternoon that Tesla has told its third-party parts suppliers that Model 3 production will start on July 1. However, he admitted it was an "impossible" date. There's no way production will actually start then, as suppliers will be late to deliver.

Musk explained that the July date had to be set in order for real production to begin several months later. Without that date, Tesla wouldn't be able to hold suppliers' feet to the fire, if they miss the deadline. Read more...

More about Tesla, Transportation, Cars, and Tech

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/B4xtA5Bj3Uk/

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