Tesla Model 3 sedans will begin rolling off the company’s Fremont, Calif. assembly line in July, the company says. The initial production target is 5,000 Model 3s per week by the fourth quarter of 2017; Tesla says that in 2018 the rate will double to 10,000 units weekly. The Model 3 will mark Tesla’s transition from niche player to volume automaker, said automotive lifestyles Webmag Motor Authority. With the upcoming small sedan, Tesla’s annual production will be as high as 500,000 units by 2018, it said, a long way from the 84,000 total units it built in 2016. The Model 3 will have a starting price ‘no higher’ than $35,000 and a 200-mile-plus range. Tesla says it has taken hundreds of thousands of pre-orders for the Model 3.

Tesla says that the first Model 3 sedans will be available in July. Pre-orders began in early 2016. (PHOTO: TESLA)

Model 3 marks Tesla’s coming of age as a volume automaker: