Tesla aims to produce 5,000 units of the Model 3 a week this year, and 10,000 units a week in 2018. Some analysts say that with the launch, Tesla may be reshaping the future of the auto industry. Munster says Tesla will play a central role in "paradigm shifts" to electric and autonomous vehicles that could transform the sector. Tesla currently sells only two luxury models of its electric vehicles: the "Model S" sedan and the "Model X" SUV whose base price starts at around $80,000. General Motors beat Tesla to market with its Bolt electric car but recently halted production to ease inventories in view of weak sales.

Source: The Nation Bangkok July 28, 2017 15:11 UTC