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Tesla to open up Model 3 orders in UK

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Tesla to open up Model 3 orders in UK

Tesla is poised to open up orders for the Model 3 in several right-hand drive markets, beginning with the UK by early May, according to a tweet from CEO Elon Musk.

The Model 3 order page will go live May 1 or 2 in the UK, followed by Japan, Australia, New Zealand and Hong Kong. Tesla’s UK webpage says deliveries in drive markets will begin in the second half of 2019.

The first Model 3 vehicles were handed over to U.S. customers, starting in July 2017 in a splashy event in its factory in Fremont, Calif.. Those vehicles went to Tesla deliveries and employees limped along for months because of production bottlenecks. Deliveries started in earnest in 2018.

UK order page will go live around May 1 or 2

Elon Musk (@elonmusk) April 25, 2019

The expansion into more right-hand drive markets follows a disappointing first quarter for Tesla.

The business reported Wednesday wider-than-expected loss of $702 million, which included $188 million of charges.

Tesla’s Q1 revenues fell to $4.5 billion, compared to $7.2 billion in the fourth quarter, in part because of its failure to efficiently deliver Model 3 vehicles to customers overseas.

About 50 percent of Tesla deliveries in the first quarter occurred in the period’s final 10 days. “That’s mad,” Musk said Wednesday during an earnings forecast.

Musk said the business is changing how vehicles are delivered by it because of the challenges it faced last quarter. Instead of building cars in batches and sending that bunch that was dedicated to one region, Tesla plans to blend vehicle production customers said Musk, who added this strategy will place strain.

“We don’t want a situation again like we had in Q1, where essentially, all of the cars were arriving to customers worldwide, all at the same time.,” Musk said. “So it only makes sense according to demand moving forward. ”

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