Tesla Model 3 Performance version due in 2018

Falcon Heavy already in November !

American automaker, Tesla has unveiled the Tesla Model 3, described as the world's cheapest fully electric vehicle.

Due to this huge demand and backlog of orders, drivers have been warned that they may have to wait before they receive their new vehicle. In the end, both Tesla and Panasonic will have to make money off the Model 3 for it to be considered a success.

The first non-employee Teslas are expected to be shipped from October 2017.

Musk noted that the "standard" Model 3 version would only be made available next fall, with the pricier "long range" model coming off the assembly line at an earlier date. Development of the Model 3 has cost the company billions, forcing it to launch another stock offering last May. The company has said the auto will not offer the performance and features found on its high-end cars.

Even if everything were to go right, Musk previously had indicated all those now holding reservations likely wouldn't take delivery of a Model 3 for at least 18 months.

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Protests intensified in May after Maduro called for a rewrite of the country's constitution in a bid to control the ongoing protests against his government.

Surprisingly, only 76 percent of respondents said they'd enabled Autopilot, which allows brief periods of hands-off driving, though 81 percent of frequent Autopilot users polled claim it's one of the best parts of the Tesla experience. The Model S still may offer other features that will sway buyers willing to accept less range at a higher price, but the potential for some cannibalization is clearly there, Sacconaghi wrote. CEO Elon Musk said Tesla will build the cars as fast as it can, but acknowledged that supply issues and other complexities will make it tough to reach his goal of making 500,000 cars next year. Naturally, the study points out that Tesla owners are "fanatical", regardless of where they live or what model they bought.

Finally, Musk said that taking on so many stress-inducing responsibilities is his own fault. For those visits, 30 percent couldn't get an appointment within 10 days, and 22 percent didn't get their problem solved the first time.

Musk said around 500,000 people worldwide have already put down a $1,000 deposit to reserve a Model 3.

Analysts have questioned whether Tesla would be able to get itself solidly into the black with the Model 3 considering the base $35,000 price tag. Tesla reported a loss of $1.61 in the year-ago quarter.

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