Tesla Motors' more affordable Model 3 will provide at least 215 miles of electric range when it arrives in late 2017, CEO Elon Musk told an audience who gathered in Hawthorne, Calif., for the car's unveiling.
by Staff
April 1, 2016
Photo of Model 3 courtesy of Tesla.
1 min to read
Photo of Model 3 courtesy of Tesla.
Tesla Motors' more affordable Model 3 will provide at least 215 miles of electric range on a charge when it arrives in late 2017, CEO Elon Musk told an audience who gathered in Hawthorne, Calif., for the car's unveiling.
The base Model 3 will retail for $35,000 and will include Autopilot mode as a standard feature. The Model 3 will reach 0-60 mph in under six seconds and use supercharging to extend its range. It will have a front and rear trunk, and be able to achieve five-star safety ratings in all categories, Musk said.
Ad Loading...
At the end of the unveiling, 115,000 people had put down a $1,000 deposit toward the purchase of a Model 3, Musk announced. On April 1, about 198,000 refundable deposits had been collected.
Musk reiterated his goal to produce 500,000 vehicles in a year, and said sales of the Model S and Model X have funded the development of the higher-volume, more affordable Model 3. Musk said the Gigafactory that will produce the lithium-ion battery packs to enable the production goal is now operational.
The company's vehicles play one part in reducing carbon-dioxide emissions and reducing global warming, he said at the start of the unveiling.
Fleet managers are done with the debate—and focused on execution. Learn how to build a practical electrification strategy that aligns infrastructure, operations, and financing while keeping costs controlled and deployment scalable with support from Blink Charging. Discover how smart planning today positions fleets for long-term performance and ROI.
New industry group data revealed that light-duty electric vehicle sales are hitting record market share and volumes, while commercial EV volume dipped. What’s driving the fluctuations?
For fleet managers, fuel is one of the biggest line items in the budget — and it's one hybrids can shrink without changing how your people work. Download the eBook to see the numbers, understand the technology, and get a step-by-step guide to making the switch.
With the expiration of federal incentives, EV success now hinges less on government policy and more on discounts, battery tech progress, increased range, and broader infrastructure.
Fleet operators shared their challenges during an annual conference that embraced the latest advances across all aspects of running private- and public-sector vehicles.
