By getting the huge great performance and increased in the production of the “Model 3” cars, Tesla CEO Elon Musk is now going to introduce a new concept of car, which is a mini car. The company just today morning announced on the social media platform twitter, that right now they are in the planning stage to introduce the prototype of mini cars in which an adult can fit easily. The toy car model which is “Model S Radio Flyer” is already available for the children and youth in the age group of 3-8 years and also comes with a 130 watt of battery.
Moreover, the company CEO Elon Musk has not revealed much more info, that when the Tesla Mini cars will going to hit on the roads. Just few days back the company has revealed a revenue of $4 billion in the second quarter of 2018 with having the cash in hand of $2.2 billion, which become one of the largest company to have this much cash. As of now Tesla is producing the 7000 cars of Model 3, Model X and Model S in a week.
In the month of July, the company has revealed the Model 3 with cost of $35000 with not just holding the highest market share in its car segment in the America but has also sold all the mid sized premium sedans car combined which is total of 52 percent of the overall car segment.
Elon Musk said at the time of revealing the company second quarter results few days back: “We are aiming to increase the production of the Model 3S to more than 10000 in a week. We also belive that the majority of the Tesla production lines will be ready to produce at the high rate by the December 2018.” The company is expecting to produce more than 50000 Models of 3S in the 3rd quarter.