When the first Tesla Model 3s were delivered to customers last night, it was a major milestone. With 500,000 reservations placed to own a Model 3, Tesla says the car is sold out through most of next year. TeslaOur Love Affair With Cars Is OverThe Tesla Model 3, despite its unique interior and powertrain, is a rather conventional 4-door sedan. It has an answer in the forthcoming Model Y, a crossover that is to Model X what the 3 is the company's Model S sedan: smaller and cheaper. The problem for Tesla is Model Y is at least two years away, having not yet hit the public prototype stage.

Source: Forbes July 29, 2017 20:15 UTC