Earlier this week, Tesla, Inc. (NASDAQ:TSLA) brought its Model 3 to Australia for the first time. The company showcased the “affordable” model in a select few stores.
Tesla Model 3 Australia Debut
The debut was deemed a success by Tesla as the turn-up for the showings far exceeded the company’s expectations. The stores were crowded with reservation holders and curious individuals wanting to take a peek at the new model.
Due to the time difference, Australian’s were the first to reserve the model three’s nearly two years ago. Despite the long lines, the crowd still stuck and waited. Tesla’s store in Sydney reported that it was crowded by around 1,000 Model 3 reservation holders on the first day.
Electrek reported that Tesla was so overwhelmed with people that it had to limit the time to two minutes per reservation holder to see the new vehicle up close. The Melbourne store was equally as busy and followed very similar protocols.
In addition to Melbourne and Sydney, the Model 3 will also be shown at the Auckland and Brisbane stores as well. Earlier this year, Elon Musk tweeted that the Australian Model 3’s will most likely be ready by mid-2019.
Model 3 was designed for min engineering & tooling change for RHD. Note left/right symmetry. LHD for Europe & Asia first half of next year. RHD probably middle of next year.
— Elon Musk (@elonmusk) May 25, 2018
Tesla Under Fire
Musk, Tesla’s CEO, has been under quite a lot of fire lately as three weeks ago he tweeted that he was considering taking Tesla private. The CEO has been under heavy stress as Model 3 production has been pushed back for months.
The company underestimated the time it would take to make each model and were overwhelmed with the number of pre-orders they received. Still, demand is high for the cars and not many have taken back their refundable deposits.
TSLA Stock Movement
According to Yahoo Finance, TSLA stock is trading at $319.48 a share, down -$2.27 (-0.71%).
Featured Image: twitter
