- Shares of Tesla Motors (NASDAQ:TSLA) took a turn lower after a posting on the company's website pointed to a "mid 2018 or later" delivery estimate for new Model 3 orders.
- Production is now expected to begin in late 2017.
- It's not perfectly clear yet if the above time frame covers orders on record or orders still to be received.
- It's all quiet on Elon Musk's Twitter account so far today.
- The company has a product reveal scheduled for tomorrow.
- Update: Tesla confirms the schedule applies to only new orders.
- Tesla is still up 1.38% on the day.