Tesla received a record number of preorders for the affordable Model 3 electric car, but buyers will have to wait more than a year to get their hands on it. Tesla recently said that preorder numbers reached the 400,000 units mark, yet the company will produce less than 90,000 total Tesla cars this year.
Tesla’s CEO Elon Musk said on Wednesday during the company’s earnings call that Tesla will likely miss the first Model 3 production deadline. The statement came just minutes after Musk set the deadline.
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