Elon Musk, who presented his financial results for the third quarter, said: "If we could produce 35,000 today, we would have to do a US dollar car. We still need to do a lot of work and do a lot to offer a car for 35,000 and that it will give a positive gross margin. I think it takes us less than 6 months to reach this goal. It's our main task. "
Tesla has previously announced that the base version of Model 3 will be displayed at speeds of less than 4 months, but it seems to be delaying this goal for a while.
Model 3 electric vehicles gross margin in the 3rd quarter was over 20%. and this is one of the best results of the company.
But it does not seem that high profitability is still high enough to reach the promised price of an electric vehicle.
Ask why Tesla previously published information about a new mid-range car 3 instead of a base and costs 35 thousand. US dollars, said E. Musk, stressed that efforts were made to offer the most affordable option, but currently 35 thousand. US dollars do not qualify.
"We think this could be an intermediate step (to offer an even cheaper electric car). And that's the way," says the company's boss.
Tesla's CFO, Deepac Ahuas, said that they still need to increase production efficiency in terms of battery production and economies of scale. In this way this can be achieved – the basic electric car 3, whose price does not exceed 35 thousand. US dollars and he would make a profit.
Tesla also plans 35 thousand. Rebuild the battery system in an electric car with a dollar value to save extra money. The language goes for a smaller battery system than the Mid Range Model 3.
So the new, basic "Model 3" variant can be expected at the beginning of next year.
With regard to the launch of Model 3 in Europe, Tesla has confirmed that at the end of the year it plans to make it possible to reserve a European vehicle electricity in advance and make a reservation.
E. Musk also added that at the end of January he will prepare a large rate of model 3 electric cars for Europeans. The presentations to the customers will take place in February and March.
"We expect that in January we will start producing a large number of electric cars to Europe. Of course, they will bring these cars to the ships, but we will deliver them until the end of February or early March," he stressed.
E. Musk added that most electric cars running in Britain and Australia should be shown in mid 2019.
The chief of Tesla said that the Asia-Pacific (APAC) could expect them to hit electric cars in a similar time frame like Europe.
"It is likely that we can deliver electric cars to the APAC region during the first quarter of next year, and if not, it's true in the second quarter. Even if that happens, the APAC region will certainly get electric cars before the end of the first quarter," – promised the company's head.
This is the most accurate and shortest time Tesla Company and Elon Musk have been up to with regard to the basic version of Model 3 and expansion to new markets.
In addition, Tesla is also aiming to increase its production of model 3 then, allowing the company to respond rapidly to growing demand.