Tesla has announced that it will not be able to fulfill the 400,000 reservations for the forthcoming Model 3 electric vehicle (EV) until mid-2018. The news comes as Toyota and General Motors are due to release their own affordable, long-range EVs. In a statement on its website, Tesla said that “production delays in our manufacturing process have caused us to miss delivery of some vehicles we had planned to deliver by late 2017.”
Tesla has announced that it will not be able to fulfill the 400,000 reservations for the forthcoming Model 3 electric vehicle (EV) until mid-2018. The news comes as Toyota and General Motors are due to release their own affordable, long-range EVs. Toyota has recently begun marketing its Prius Prime Plug-in, and GM’s Chevrolet Bolt will be in showrooms by the end of this year.