Tesla vows to ramp up production in response to Model 3 order surge

BusinessGreen staff
clock • 2 min read

Elon Musk said company expects to produce 500,000 vehicles by 2018, as pre-orders for new electric sedan top 325,000

Tesla has reportedly received more than 325,000 pre-orders for its upcoming Model 3 electric sedan, each backed by a $1,000 deposit. Chief executive and founder Elon Musk provided an update for analysts...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

'Best year ever': Polestar reports EV sales accelerated in 2025

'Best year ever': Polestar reports EV sales accelerated in 2025

Luxury EV maker increased its global retail sales by over a third last year

Stuart Stone
clock 13 January 2026 • 3 min read
AA and Autotrader confirm EVs are easier to fix than petrol and diesel models

AA and Autotrader confirm EVs are easier to fix than petrol and diesel models

New AA data shows EVs enjoy a higher roadside repair rate than internal combustion engine cars

James Murray
clock 12 January 2026 • 3 min read
Fastned fast charging network expands to 400 stations in 2025

Fastned fast charging network expands to 400 stations in 2025

Company now operates in nine European countries, with the 50-station milestone crossed in France, Belgium, and Germany in 2025

clock 07 January 2026 • 2 min read