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Tesla Model 3

Tesla handed over the first 30 Model 3 battery-electric sedans to customers during a July 28 handover event at the company's Fremont, Calif., factory and pricing for most buyers will be significantly more than the $35,000 initially announced.

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Tesla to Start Model 3 Production

Tesla will begin building its Model 3 on Friday with a goal of producing 20,000 cars in December as it competes with the Chevrolet Bolt EV to offer an affordable battery-electric car with enough range to stoke wider EV adoption.

Tesla Raises $1.2B to Bolster Model 3

Tesla has sold $1.2 billion in common shares and convertible senior notes to support the roll-out of the Model 3, the Palo Alto company announced.

Tesla Extends Model 3 Deliveries for New Orders

Customers now placing orders for Tesla's Model 3 can expect delivery of the cars in the middle to late 2018, while those who put down initial deposits can expect their sedans in late 2017.

Tesla to Sell 90K Cars in 2016

Tesla Motors plans to deliver about 90,000 vehicles in 2016 and ramp up to 500,000 in 2018 to reach the later goal two years earlier than previously announced.

Tesla Model 3 Orders Rise to 325,000

Tesla Motors has received more than 325,000 orders with refundable $1,000 deposits so far for its sleek Model 3 that could make the company more than a niche player with its $35,000 price tag.

Tesla Model 3 Provides 215 EV Miles

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.

Tesla May Increase Model 3 Production

Tesla Motors will give the world its first glimpse of the more affordable Model 3, when it unveils the $35,000 car at 8:30 p.m. West Coast time today at an event that will be live-streamed on TeslaMotors.com.

Tesla Unveiling Model 3 in March

Tesla Motors is expected to unveil its more-affordable Model 3 sedan at a March launch event, as the luxury EV maker sets its sights on democratizing its automotive technology.