A customer pre-ordering a Model 3 today would have to wait until late 2018 to receive the auto.
With Tesla's stock rising about 8% in the past three months and 36% in the last six months, investors will be watching the report closely. A refundable $1,000 deposit is required to make a reservation.
Janus Capital Management LLC decreased its position in Tesla Inc.
But Tesla's self-driving team has had several key departures in the a year ago, and faces intense competition from major tech companies, automakers and startups.
While the high volume of orders has it tipped as a game-changer, the Model 3 is not the first affordable electric vehicle on the market.
The collaboration with Tesla forms a central pillar of Panasonic's corporate strategy, which aims to shift from the highly competitive consumer electronics space to the higher value advanced automotive components market. But these improvements will be overshadowed by the headwind from a sequential comparison with a one-time benefit.
"You'll be able to do whatever you want - watch a movie, talk to friends, go to sleep". Has $10.16 Million Stake in Tesla Inc. Catawba Capital Management VA boosted its position in Tesla by 4.1% in the first quarter. The $35,000 base model doesn't even enter production until December, when it expects to start producing 5,000 Model 3 cars a week.
Again, BMW is selling its vehicles through dealerships that most often than not are offering discounts, while Tesla's advertised price is the final price.
At a minimum of US$35,000, the Model 3 is considerably cheaper than other Tesla models and therefore is likely to be the first Tesla vehicle that a sizeable proportion of Tesla employees can afford. Tesla has previously struggled with production and distribution for the Model S and Model X due to the high volume of sales. Tesla's challenge isn't finding customers - but rather if it can serve them fast enough.
Warranty coverage is four years/80,000-km bumper-to-bumper, while the battery is warranted for eight years and 160,000 km (or 200,000 km with the long-range battery).
Tesla has begun the delivery of the much-awaited Model 3 cars on July 28, 2017.
Tesla founder Elon Musk called the Model 3 "the best vehicle for its cost, either electric or gasoline", and called the achievement a major step towards the aim of an electric auto "that everyone can buy".
Tesla will report its second-quarter results after market close on Wednesday, Aug. 2.
"We believe the Model 3 was as good as or better than expected, and pricing was as expected with considerable initial up sell", Bernstein's Toni Sacconaghi wrote in a client's note on Monday.
A Business Insider journalist who got to drive it said that "the midnight silver Model 3 I took for a spin had aerodynamic aluminum wheels and looks a lot like a smaller Model S, echoing the bigger sedan's sloping fastback rear roofline".