As Elon Musk presented the new Tesla 3, a fawning press announced that the “world-changing car” could “dominate” the market. Within days, 276,000 people had put down $1,000 to pre-order the car.
But the Model 3 doesn’t exist yet. There is no final production version, much less any production. Musk is “fairly confident” that deliveries could start by the end of 2017. But running on schedule isn’t Tesla’s strong suit. Meanwhile, Tesla’s current best-seller has been plagued by quality problems.