Bahrain
Kuwait
Oman
Middle East
GDN Online App available on
App Store / Play Store
Gulf Daily News Gulf Daily News
Gulf Daily News Gulf Daily News Gulf Daily News Gulf Daily News Gulf Daily News
Wednesday, February 20, 2019 ARCHIVES  |  SEARCH  |  POST ADS  |  ADVERTISE  |  SUBSCRIBE   |  LOGIN   |  CONTACT US

Tesla's Musk says Model 3 to be available in Australia around mid 2019

Motoring
Reuters


Tesla Inc Chief Executive Officer Elon Musk said on Thursday the electric carmaker's new Model 3 will be available in Australia around the middle of next year.

In response to a tweet asking when Model 3 will be available in Australia, Musk wrote "Around mid-2019"Around mid-2019

— Elon Musk (@elonmusk) October 25, 2018

Tesla has been trying to fast-track vehicle deliveries of its new Model 3 to customers. The company's ability to deliver on production targets for Model 3 sedans has weighed on its stock in the past.

On Wednesday, Tesla reported a net profit, positive cash flow and wider-than-expected margins for the latest quarter, as higher production volumes of its new Model 3 began to pay off.

The company said it would start taking orders in Europe and China for Model 3 before the end of the year.