(Reuters) - Tesla Inc Chief Executive Officer Elon Musk said on Thursday the electric carmaker's new Model 3 will be available in Australia around the middle of next year.
In response to a tweet asking when Model 3 will be available in Australia, Musk wrote "Around mid 2019".
Tesla has been trying to fast track vehicle deliveries of its new Model 3 to customers. The company's ability to deliver on production targets for Model 3 sedans has weighed on its stock in the past.
On Wednesday, Tesla reported a net profit, positive cash flow and wider-than-expected margins for the latest quarter, as higher production volumes of its new Model 3 began to pay off.
The company said it would start taking orders in Europe and China for the Model 3 before the end of the year.
(Reporting by Kanishka Singh in Bengaluru; Editing by Gopakumar Warrier)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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