Tesla chief executive, Elon Musk, confirmed yesterday that the innovative automotive company will bring it’s new Model 3 car to Britain by 2019.
The car, which is Tesla’s lower-cost and mid-range option, was launched last week and is likely to be released in Australia at the same time.
Just released lower cost, mid-range Tesla Model 3 & super simple new order page https://t.co/cz0TQn7IOZ
— Elon Musk (@elonmusk) October 18, 2018
The price of the car was increased by $1,000 (£745) to $46,000 in the wake of the announcement.
Shares in the company also rose by around seven per cent last night as Tesla registered a $311m profit in the third quarter, up from a loss of $619m last year.
Overhead views from a Model 3 pic.twitter.com/SnrL4lLwNB
— Tesla (@Tesla) October 22, 2018
Revenue for the automotive and energy company outdid prediction from Refinitiv, striking $6.82bn.