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IPFS News Link • Business/ Commerce

Elon Musk Sees Boost Amid Cost-Cutting, Layoffs as Europe Clears Tesla to Sell Model 3s Next Month

• https://www.ccn.com by Mark Emem

Beginning February, Tesla will be able to sell the long-range version of the Model 3, per Bloomberg. From Tesla's website, the long-range model runs for 310 miles on one full charge. Permission was granted by the Dutch vehicle authority Rijks Dienst Wegverkeer (RDW).

The development will likely increase Tesla's sales significantly. This is because the European market for midsized premium sedans is twice as big as the U.S. market. In a statement issued earlier this month, Tesla had hinted about the European entry as CCN reported:

There remain significant opportunities to continue to grow Model 3 sales by expanding to international markets, introducing lower-priced variants and offering leasing. International deliveries in Europe and China will start in February 2019. Expansion of Model 3 sales to other markets, including with a right-hand drive variant, will occur later in 2019.


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