Tesla confirms 5,000 Model 3s a week will be built by the end of the year, with 10,000 a week in 2018. Here's the latest news.

The Tesla Model 3 is one of the most anticipated new cars of 2017, and it’s a potential game-changer for the California based electric car company – it’s the firm’s cheapest offering yet, and also its first attempt at creating a mass production EV with true mainstream appeal.
The Model 3 is a compact saloon sitting underneath the Model S in Tesla’s range, and comes with a BMW 330e baiting price tag. £35,000 is the magic number, and Tesla plans for first deliveries of the vehicle to take place in Q4 2017.

The latest update from the carmaker is good news for the 400,000 or so customers who have placed a £1,000 deposit on the Model 3. Tesla expects to be in a position to produce around 5,000 Model 3 per week towards the end of this year, with production of the new car ramping up to 10,000 per week at some point in 2018.

Production delays have hampered Tesla launches in the past, but this latest update reveals the company is on track with the Model 3. Limited production will begin in July, with volume production by September. Across all three of its vehicles, Tesla aims to be capable of making 500,000 cars a year in 2018.