Tesla’s New Affordable Electric Car

Tesla%27s+New+Affordable+Electric+Car

On February 11th, Elon Musk, CEO of Tesla Motors, announced on Twitter that Tesla Motors will start accepting reservations ($1,000 down) for the Model 3 at the end of March.

The Model 3 is Tesla’s new affordable electric car. For $35,000, people will receive the next generation in Tesla technology. This may include a wide variety of cameras and sensors since Musk has been hinting at this kind of technology for months. At this time, there are no concrete details on the Model 3 since the unveiling is not until March 31st, but there is much for speculation.

Even with the next generation in Tesla technology, they have stated that cost is a primary focus for the car.

“We don’t really need more performance; we don’t really need much more range; we need to focus on cost.” said a Tesla executive.

Cost is what will help Tesla sell more cars to those who are uncertain on the whole idea of electric cars. With a price tag of $35,000 before government incentives, the Model 3 will be sure to be a talking point in the mere future.

Mass production of the Model 3 will begin in late 2017.

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