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Tesla gets clearance to begin model 3 deliveries in Europe




Model 3's European debut comes at a critical time for Tesla, which just let off seven percent of its full-time employees to reduce costs while increasing the production of cheaper versions of the car. When CEO Elon Musk announced the resignations last week, he wrote in letters to employees that "This quarter, as with Q3 [201[ads1]8]the shipment of higher priced Model 3 variants (this time to Europe and Asia) will hopefully allow us, with great difficulty, effort and some luck, to target a small profit. "

Musk also emphasized the importance of selling cheaper versions of model 3 in several markets this year, when Tesla aims to create purchases with the most affordable car for today's date. Tax credit changes will make the model 3 more expensive in the US in July, and continue to this year.



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