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Tesla began to supply Model 3 to the European market

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Tesla began to supply Model 3 to the European market
February 07
09:00 2019

The famous American manufacturer of electric cars has started the shipment of Model 3 cars to the European market. The Belgian port of Zeebrugge has already received a batch of cars from California. Next delivery is expected in a few days.

Model 3 is the cheapest Tesla model. It was presented in 2016. In the same year, it became possible to purchase the cars. The start of the production was accompanied by a large number of problems. However, after solving the problems, the conveyor gained momentum, and the company produced more than 50 thousand cars. The company believes that the mass production of this particular model of electric cars will give it the opportunity to gain high positions in the market and start making profits.

A lot of customers from Europe have been waiting for their cars for 3 years. In total, this region has gathered about 14 thousand orders. The bulk of buyers live in Germany and Norway.

Tesla’s shares have fallen by 10% in the last 3 months. Now the value of the company is 55.5 billion dollars.

 

The material was prepared with the participation of Katya Gordon,
a leading analyst of the brokerage company CT Trade

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