It's coming, and it'll be here sooner than we initially thought.
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The Tesla Model 3 should start arriving in Australia during the middle of 2019, according to new tweets from company CEO, Elon Musk.

Asked by a customer about when the 'affordable' electric sedan would be arriving locally, Musk responded with "around mid-2019" – actually sooner than the initial timeframe promised.

There's no word on which variants will be arriving locally first – though in the USA, only the Model 3 Performance and a new mid-range version are available, as building the promised US$35k (~$49,500) car would cripple the recently-profitable Tesla.

“Sufficient Model 3 profitability was critical to make our business sustainable – something many argued would be impossible to achieve,” Elon Musk wrote to investors this week.

The 'historic quarter', as Musk has dubbed the brand's third-quarter upswing, saw the brand deliver 83,500 vehicles in total – comparable to a huge 80 per cent of its entire 2017 performance.

News hasn't all been positive for Tesla of late, though. The FBI is currently investigating Tesla's much-publicised production goals for the Model 3, looking into whether they were misleading for investors.

When it arrives, the Model 3 will be wading into battle with the Nissan Leaf, Hyundai Kona Electric and Hyundai Ioniq, while the top-end of the market will soon be home to the Jaguar I-Pace, Mercedes-Benz EQC, Audi e-tron quattro and BMW iX3.