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Tesla sends out invites for its big Model 3 event

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REUTERS/Lucy Nicholson

Tesla sent out media invites on Tuesday for the big reveal of its next car, the Model 3. 

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Previously, the company had revealed that the event would take place on March 31st. Now we know the details. 

The event will take place at the Tesla Design Studio in Hawthorne, California at 7:00 pm. CEO Elon Musk will take the stage at 8:30 PM for a presentation that will be livestreamed on the Tesla website. 

Tesla described the event as "intimate" and said that attendees will be able to take a "quick spin" in the new vehicle. 

Pricing at $35,000 before tax incentives, the Model 3 is the company's first mass market car.

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The Model 3 is expected to be about 20 percent smaller than a Model S and will likely have a range of 200 miles or more. 

Customers will be able to pre-order the new car on March 31st at Tesla stores or online on April 1st. 

Read more about what is expected in the Model 3 here. 

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