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Tesla Is Close to Model 3 Approval for Europe Sales

  • Starting deliveries of the sedan in the region is key for 2019
  • Company is said to expect certifications after the holidays
Bloomberg business news
Tesla missed delivery estimates on the Model 3 in the fourth quarter. Bloomberg Intelligence’s Kevin Tynan reports.Daybreak: Americas." (Source: Bloomberg)
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Tesla Inc. has yet to obtain approval from authorities in Europe to begin selling the Model 3 in the region, though this isn’t expected to impede the carmaker from starting deliveries next month, according to a person familiar with the matter.

The company has been working in close collaboration with authorities and expects to receive certification after some personnel return from the holidays, said the person, who asked not to be identified because the deliberations aren’t public. This timing is in line with what Tesla has been targeting for months, the person said.