Tesla Unveils New Model 3

Last night at Tesla Design Studio in Hawthorne, California, Tesla CEO Elon Mousk officially announced the Tesla Model 3. Elon said the car will deliver at least 215 miles of range for a price tag of $35,000. This is a very big claim, and must be met by Tesla. Musk said he feels “fairly confident” that deliveries of the car will start at the end of 2017, and that “you will not be able to buy a better car for $35,000, even with no options.”

Before the night was over Tesla announced that over 130,000 cars had already been reserved and was continuing to rise. Update: As of 4:00 CST Friday, April 1, 2016 Tesla announced it had received over 200,000 reservations for the Model 3.

The Model 3 itself with do 0-60 in under 6 seconds on the base model with versions of the car that go “much faster.” The car with have an EPA rated 215 miles of range, but Tesla hopes to exceed that expectation. All Model 3 cars will support supercharging. Elon also announced that by the end of 2017 the number of superchargers and service stations will have doubled, allowing divers to go where they want. Like the Modes S and X there will be versions of the car with rear-wheel or all-wheel drive. Tesla’s signature “infotainment center” has now been replaced with a 15-inch landscape touchscreen. Autopilot features will also be standard on all Model 3s. Elon said that the Model 3 will hold 5 adults comfortably. He said that this is achieved by the roof being made out of 1 pane of continuous glass.

Drivers should not get excited, yet. The car won’t be available until late 2017 at the very earliest. Customers vehicle reserve their car by putting a $1,000 down payment on the car. With double the amount of dealerships by the end of 2017, getting your hand on the car should be easier. The hard part now is to wait.