Tesla's New Model 3 Just Debuted

Tesla's New Model 3 Just Debuted

Tesla's New Model 3 Just Debuted

Tesla has already taken in roughly half a billion dollars in Model 3 deposits, at $1,000 apiece, and its proposed ramp-up schedule would have it rivaling well-established U.S. market peers like BMW and Mercedes by year's end.

Tesla Inc.'s (NASDAQ:TSLA) founder Elon Musk has shared the first images of the company's Model 3 electric vehicle on Twitter.

On Saturday, Musk tweeted pictures of the first Model 3 to roll off the automaker's assembly line in Fremont.

The Model 3 is electric auto manufacturer Tesla's most affordable product ever, and will sit alongside the current Model S saloon and the Model X SUV.

First revealed to the public in March past year, the Model 3 has been touted by proponents to be for general consumer electric automobiles what the Ford Model T had been for mass-produced gasoline-powered cars in the 20th Century.

It's a practical everyday EV- The Model 3 comfortably seats five adults. More than a year after Musk announced the Model 3, the first 30 units will be handed over to customers at a ceremony July 28.

What equipment does it come with?

Several automobile shows and plenty of customer reservations later, the first run of Tesla's latest electric cars have begun rolling out of the factory.

If they achieved it with those changes, it would help make the vehicle more efficient, especially on for highway driving, which would, in turn, result in a longer range and lower cost of operation. Its $35,000 starting price makes it by far the cheapest vehicle Tesla has ever produced - far cheaper than the Tesla Model S, which starts at $68,000. Now we can see that the production version definitely looks more refined, less boxy than the prototype.

What engines can I choose from?

Tesla Model 3
Musk also has said the Palo Alto California-based company will hold a party to hand over the first 30 Model 3s to customers on July

Tesla has big expectations for the Model 3, its first mass-market vehicle with a range of 215 miles.

Other analysts have also issued research reports about the stock. 1,513 are held by Meiji Yasuda Asset Management Ltd. Oppenheimer Incorporated owns 0.06% invested in Tesla Inc (NASDAQ:TSLA) for 9,756 shares.

How much will it cost?

"Production unit 1 of Model 3 is now built and going through final checkout".

The huge lithium battery is expected to be built by the end of the year. To ensure this, it's investing heavily into charging technology in all major markets, including the UK.

But the company appears to have pushed back on its promise to start taking official orders for the new Model 3 on Friday and still has not given a solid sense of pricing for the compact battery-electric vehicle.

The pictures of the highly anticipated auto were tweeted by the Tesla chief executive on Saturday night.

Charge time: How fast an electric vehicle can charge its battery really depends upon the strength of the outlet it's plugged into and the kind of charger used. High-end electric cars are now in the reach of the middle class. The $US35,000 vehicle may be dampening appetite for the far more expensive existing models. We found it to be quiet and well controlled, but at around £66,000 it's certainly pricey, and with limited volumes coming to the United Kingdom it's likely to be a very rare sight.

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