Tesla Model 3: A Car We Can Finally Afford

The Tesla for the masses will be here soon. Get your credit cards ready!

Tesla is hoping to reveal the Model 3, in March 2016.  On Wednesday, Elon Musk finally disclosed when Tesla plans to begin production of the highly anticipated Tesla Model 3, and what it will look like.

 “We are hoping to show the Model 3 in March of next year,” he said. Musk emphasized that the date is tentative and plans could change in the months ahead. But right now, that’s the goal. Production of the Model 3, which will be able to drive 200 miles on a single charge, would start in mid or late 2017. “Late 2017 is probably more realistic,” Musk added. It’s been rumored that Tesla is targeting a price around $35,000.

The Model 3 is set to become Tesla’s mainstream vehicle, with the Model S and Model X retaining their higher price points, superior range, and more luxurious features. The Model 3, which will be 20 percent smaller than the Model S, is a crucial project for the company as it looks to make its own electric vehicles more affordable and attainable for a much larger audience of car shoppers.

The larger battery of the Model S can take the sedan around 270 miles on a single charge, according to Tesla’s website.

When will we be seeing the Model 3 on the road, you ask? Musk said that Tesla will be releasing the car in 2017. He did qualify that statement, however, in saying that a launch window in late 2017 is more likely. We must keep in mind that Tesla has a history of delivering its cars a bit late, so hopefully the Model 3 launch won’t be pushed back into early to mid 2018.

Source: The Verge