Elon Musk’s push to evolve Tesla from a niche electric vehicle company into a mass-production wonder is coming down to the wire, as the company sticks with its promise to start building the Model 3 for eager customers in a little over two months, even as testing of the car continues.
The smallest U.S. carmaker — which also boasts market capitalization greater than that of General Motors and Ford — updated investors Wednesday on preparations for the release of its first widely affordable car as part of its results announcement for the quarter that ended March 31.