The wait for the Tesla Model 3, the company’s long-promised inexpensive, long range all-electric car has been excruciating…has it really been almost a decade since CEO Elon Musk foretold of his plan for the 3?
With that said, the wait ended Friday night, as Tesla gave over the keys to some 50 Model 3s to anxious owners from its Fremont, California production facility. (Watch the event here)
And when it was all over, Tesla put out all the pricing and specs we have been waiting for!
The base Tesla Model 3 was confirmed to have a price of $35,000 – which nets 220 miles of range (EPA estimate), a 0-60 time of 5.6 seconds and a top speed of 130 MPH – with deliveries to start in “Fall 2017”.
Adding the “Long Range” battery option moves first deliveries up to this month (so we assume all the cars given out tonight have this option), adds $9,000 to the price, but bumps range up to 310 miles, lowers the 0-60 MPH time to 5.1 seconds, and bumps the top speed to 140 MPH – a pretty good deal from $44,000 we would say!
“Model 3 is a smaller, simpler and a more affordable electric car. Designed and built as the world’s first mass-market electric vehicle, it is a critical step in Tesla’s mission to accelerate the world’s transition to sustainable energy.
Like every Tesla vehicle, Model 3 combines range, performance, safety and technology. Intelligent design maximizes interior space to comfortably fit five adults and all of their gear. The high-efficiency powertrain provides zero to 60 mph acceleration in as little as 5.1 seconds.
Model 3 is designed to achieve the highest safety ratings in every category. Combined with 220* to 310 miles of range and a starting price of $35,000 before incentives, Model 3 is Tesla’s most affordable vehicle yet.
Model 3 is currently in production, and deliveries to employee reservation holders began on July 28, 2017 at the Tesla Factory in Fremont, CA. Reservations for Model 3 first opened on March 31, 2016 and remain available today.”