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Tesla will start delivering the Model 3 in July - here's everything you need to know about the car

Danielle MuoioAug 26, 2024, 15:30 IST

Tesla MotorsTesla Model 3

Tesla has gotten the green light for the Model 3, its first mass-market car.

Tesla CEO Elon Musk said on Monday that the Model 3 has passed all regulatory requirements two weeks ahead of schedule.

There will be handover party for the very first 30 Model 3 customers on July 28. Tesla will then ramp up production to 1,500 cars in September and, ultimately, 20,000 cars per month in December.

Tesla first unveiled the car last March and secure roughly 400,000 customers pre-orders for the vehicle.

We broke down everything you need to know about the Model 3 - here's a closer look:

Get the latest Tesla stock price here.