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6 things Elon Musk has revealed about the next top-secret Tesla
Tesla Motors CEO Elon Musk is keeping everybody on the edge of their seats these days.
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Earlier this week, new details about Tesla’s soon to be delivered Model X emerged and on Wednesday Musk tweeted some updates about Tesla’s next all-electric vehicle, the Model 3.
While we don’t know a lot about the Model 3, we do know it will be huge for Tesla because it will be its first mass market car.
In short, the vehicle will be more affordable, which means that a lot more people will be able to buy it.
Here’s a look at everything Musk has revealed so far about his company's next all-electric sedan.
Elon Musk revealed in July 2014 that Tesla Motors would begin selling a mass market car priced around $35,000. On Wednesday he confirmed that price point and shared when he would finally reveal the new car.
Musk revealed in a tweet on Wednesday that Tesla plans to unveil the Model 3 next March. Tesla fans will also be able to pre-order the vehicle then. Like other Tesla pre-orders, customers will likely have to put down a deposit for the car.
The company will begin manufacturing the vehicles two years from now in 2017. This means that it will likely begin delivering the cars shortly after. However, Tesla is known for having to push back anticipated delivery dates, so when they finally give an exact date, know that it could be later.
Tesla’s Model 3 will be smaller than the Model S sedan, Musk said in a tweet. AutoExpress reported last year it could be as much as 20 percent smaller.
Musk also told AutoExpress last year that the car will be able to drive 200 miles on a single charge. Tesla's Model S 70D has a range of about 240 miles per charge, according to EPA ratings.
The reason the company is waiting to begin making the new sedan is because it first has to finish construction of its Nevada-based gigafactory, which is where it will produce a lower cost battery to power the new vehicle.
"This factory is very important to the future of Tesla, because without it we can't do the mass market car," Musk said during a speech in 2014.
According to Tesla’s website, by 2020 the factory will reach full capacity and produce more lithium ion batteries annually than were made worldwide in 2013.
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