The much-anticipated electric vehicle is still on schedule.

Tesla is keeping Model 3 reservation holders up to date on the delivery process, and in a recent message to these customers, the company reiterates plans to have the much-anticipated model on sale by the end of 2017. The automaker also promises eventually to roll out access to the configurator based on the date of a person’s order. Tesla Updates has a copy of the note, and it shows the sedan in a beautiful shade of dark blue.

When the Model 3 begins deliveries late next year, the $35,000 sedan should offer customers a driving range of at least 215 miles. Performance shouldn't be a problem either because even the slowest versions should reach 60 miles per hour in less than six seconds. A trim with Ludicrous Mode could go much quicker. Like the Model S, expect the interior to be a technological wonder. A massive screen dominates the minimally styled cabin, and there isn’t a traditional instrument panel in front of the driver.

Tesla's latest accounting shows the company has 373,000 reservations for the Model 3. Elon Musk hopes to build as many as 200,000 of them in 2017, which means many people with current orders could spend a while waiting in line. Even more growth could happen in 2018 because the firm wants to take total annual production to 500,000 vehicles. It's an optimistic goal, but the Model 3's early popularity could make such significant gains possible.

Source: Tesla Updates

Gallery: Tesla Model 3