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New Tesla Model 3 Officially Unveiled — And You Can Order One

If you’re interested in a Tesla but haven’t been able to afford the automaker’s Roadster sports car, Model S sedan or Model X crossover, you’re in luck: Tesla has just revealed the new, more affordable Model 3, which is expected to go on sale late next year.

The new Tesla Model 3 is the next chapter in the brand’s growing lineup following its enormous success with earlier, fully electric cars. But unlike those cars, the Model 3 is designed to be affordable for the masses, with prices starting around $35,000 — about half the cost of a base-level Model S sedan.

As for specifics, we don’t know many — other than the fact that Tesla promises a fully electric range of at least 215 miles, an impressively quick 0-to-60 mile-per-hour time of around 6 seconds for even the base model, and autonomous capabilities on all versions. Tesla also says the Model 3 will reach dealers by the end of 2017, though earlier Tesla models have been plagued with delays.

Still, shoppers seem to be excited about the new Tesla Model 3 — regardless of when it goes on sale. Lines formed at Tesla dealerships nationwide on Thursday as drivers looked to place $1,000 deposits to preorder the vehicle — many before it was even shown off to the public. In all, Tesla says it has already collected 130,000 reservations for the vehicle — a figure that’s sure to grow in the coming weeks.

Doug Demuro
Doug DeMuro writes articles and makes videos, mainly about cars. Doug was born in Denver, Colorado, and received an economics degree from Emory University in Atlanta. After graduation, Doug spent three years working for Porsche Cars North America. Eventually, he quit his job to become a writer, largely because it meant that he no longer had to wear pants. Doug’s work has been featured in a... Read More about Doug Demuro

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