Friday, April 1, 2016

Tesla Model 3 Starting At $35,000 In Late 2017

Tesla Model 3, with seating for 5 adults, autopilot safety features and designed to exceed a five star safety rating, achieves 215 miles of range per charge with a zero to 60 mph time of under 6 seconds. Supercharging is standard. The price starts at $35,000 before incentives, like a $7,500 Federal rebate. Deliveries begin in late 2017 with orders being taken now at the Tesla website with a $1,000 deposit.

As of last night at the Tesla Model 3 launch, Tesla founder Elon Musk said orders had reached 115,000 in the first 24 hours. Musk is confident its Freemont, California, factory can produce 500,000 a year. Batteries will be made at its gigafactory which will produce more lithium-ion batteries than anywhere else in the world combined in a building to have the largest footprint of any building in the world.