Buyers of Tesla 's Model 3 could have to wait until late 2018 before receiving their orders . A company spokesperson said the new guidance did not reflect a delay in production , which is due to start next year . That tenfold growth is considered critical to Tesla's success, given that they automaker — currently valued at $29 billion — is taking on more financial challenges now with its proposed acquisition of rooftop solar provider SolarCity. Tesla now has no orders for the Model 3 which is intended to move Tesla from being a niche carmaker producing around 200 luxury EVs a year to more of a mass - market producer . With a current valuation of $ 29bn and having taken on more financial challenges in the shape of SolarCity , that growth is considered critical to Tesla 's success .
Buyers of Tesla 's Model 3 could have to wait until late 2018 before receiving their orders . A company spokesperson said the new guidance did not reflect a delay in production , which is due to start next year . Tesla now has no orders for the Model 3 which is intended to move Tesla from being a niche carmaker producing around 200 luxury EVs a year to more of a mass - market producer . With a current valuation of $ 29bn and having taken on more financial challenges in the shape of SolarCity , that growth is considered critical to Tesla 's success .