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Tesla will be shipping 3k Model 3 to Europe every week by Feb 2019: report
Tesla’s global assault with the Model 3 is set to hit its stride next year, as the electric car maker starts rolling out the vehicle to territories beyond the United States and Canada. In Europe, Tesla has recently invited Model 3 reservation holders to configure their vehicles, with the company setting an estimated delivery date of February 2019 for orders of the Model 3 Performance and the Long Range AWD.
Reports have now emerged from local media that Tesla would be shipping 3,000 vehicles per week to Europe starting February 2019. Belgian news agency Focus-WTV, for one, stated that the electric cars would be arriving every week in the port of Zeebrugge, which is located on the coast of Belgium (special thanks to Tesla owner-enthusiast Hans Noordsij, who tipped Teslarati off about the Focus-WTV report). The local news outlet noted that the electric cars are shipped through the services of transportation firm International Car Operators (ICO), which operates a site on the Zeebrugge docks.
ICO’s operations are particularly notable as the company uses RoRo (roll-on, roll-off) ships, which are capable of loading and unloading cargo in a quick manner. The transportation of Tesla’s vehicles from the United States to Zeebrugge will reportedly take about 15 days, with the route going through the Panama Canal. Upon arriving at the coastal port, the electric cars would be distributed across Tesla’s delivery centers in Europe. ICO is reportedly investing 2.5 million euros ($2.83 million) to accommodate the influx of Tesla’s vehicles as well.
Elon Musk has noted that Tesla is now at a point where it is capable of producing 5,000 Model 3 per week without straining its facilities or its workforce. That said, reports have emerged stating that Tesla is already closing in on a pace equal to 1,000 Model 3 per day. This was mentioned by Pierre Ferragu of New Street Research, who noted that Tesla’s path towards higher production outputs seems to be clear. The Wall Street analyst even noted that Tesla is likely capable of hitting a pace equal to 7,000-10,000 Model 3 per week with limited CapEx.
“The road to 7,000 units per week seems easy, and limited capital expenditures will be required (in the low tens of millions) to get to 10,000. We don’t know for sure what demand will ultimately be, but we know that from here, Tesla will expand its price range, introduce leasing, and expand internationally. All these levers combined have a lot of depth and should be more than enough to get to 10,000 Model 3 per week at the end of next year,” Ferragu wrote.
With production of the Model 3 hitting sustainable levels, Tesla is now able to start preparing the vehicle for deliveries to foreign markets. Apart from Europe, Tesla has also opened the Model 3 configurator to reservation holders in China. The reception among Chinese electric car buyers has been notable so far, despite Tesla’s business in the country being weighed down by the 40% import tariffs placed on vehicles due to the US-China trade war. With recent reports stating that China will likely reduce import tariffs to just 15%, Tesla’s presence in the Chinese market would likely be even more notable in the coming quarters.
The Tesla Model 3 is a “bet-the-company” project, with Elon Musk putting the electric car maker’s future on the success of the electric sedan. Despite a trip through “production hell,” the Model 3 has been proving itself in the US market, ranking among the best-selling vehicles in the country over the past few months despite America’s preference for larger vehicles like SUVs and pickup trucks. In foreign territories, the Model 3 might actually have even more potential, with Tesla noting in its Q3 2018 Update Letter that the mid-sized premium sedan market in Europe is “more than twice as big as the same segment in the US.” With this in mind, the auto industry would likely soon come to terms with the notion that while the electric sedan is already making waves in the US and Canada, the Model 3’s real potential has not even been fully tapped yet.
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Tesla ends Full Self-Driving purchase option in the U.S.
In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.
Tesla has officially ended the option to purchase the Full Self-Driving suite outright, a move that was announced for the United States market in January by CEO Elon Musk.
The driver assistance suite is now exclusively available in the U.S. as a subscription, which is currently priced at $99 per month.
Tesla moved away from the outright purchase option in an effort to move more people to the subscription program, but there are concerns over its current price and the potential for it to rise.
In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.
Although Tesla moved back the deadline in other countries, it has now taken effect in the U.S. on Sunday morning. Tesla updated its website to reflect this:
🚨 Tesla has officially moved the outright purchase option for FSD on its website pic.twitter.com/RZt1oIevB3
— TESLARATI (@Teslarati) February 15, 2026
There are still some concerns regarding its price, as $99 per month is not where many consumers are hoping to see the subscription price stay.
Musk has said that as capabilities improve, the price will go up, but it seems unlikely that 10 million drivers will want to pay an extra $100 every month for the capability, even if it is extremely useful.
Instead, many owners and fans of the company are calling for Tesla to offer a different type of pricing platform. This includes a tiered-system that would let owners pick and choose the features they would want for varying prices, or even a daily, weekly, monthly, and annual pricing option, which would incentivize longer-term purchasing.
Although Musk and other Tesla are aware of FSD’s capabilities and state is is worth much more than its current price, there could be some merit in the idea of offering a price for Supervised FSD and another price for Unsupervised FSD when it becomes available.
Elon Musk
Musk bankers looking to trim xAI debt after SpaceX merger: report
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.
Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.
The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.
The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.
Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”
That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.
X merged with xAI last March, which brought the valuation to $45 billion, including the debt.
SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:
“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”
The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.
News
Tesla pushes Full Self-Driving outright purchasing option back in one market
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.
The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.
NEWS: Tesla is ending the option to buy FSD as a one-time outright purchase in Australia on March 31, 2026.
It still ends on Feb 14th in North America. https://t.co/qZBOztExVT pic.twitter.com/wmKRZPTf3r
— Sawyer Merritt (@SawyerMerritt) February 13, 2026
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.
The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.
Tesla hits major milestone with Full Self-Driving subscriptions
However, Tesla just launched it just last year in Australia.
Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.
The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.
In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.
The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.
Tesla ends Full Self-Driving purchase option in the U.S.
Musk bankers looking to trim xAI debt after SpaceX merger: report
