We believe the cheapest Model 3 will soon begin to steal some would-be sales from vehicles like the Chevy Bolt, Nissan LEAF e-Plus, Hyundai Kona Electric and Kia Niro EV. But that's in the longer outlook. However, now that this version is harder to order, it may not have quite the impact we first suspected.
If you've been following the sales reports from overseas, then you're already well aware of the fact that the Model 3 has taken the European continent by storm and has left China short of car carriers. That global focus largely continues and soon will expand with the introduction of the RHD drive Model 3.