Have you ever thought about getting a Tesla but felt like the price range was just too high? Well, Elon Musk is working to bring the latest version to the masses with the Tesla Model 3. The car debuted yesterday and was met with oohs and ahs from the audience as it shined on stage. Musk started the conference talking about emissions and the rise in the change of global climate. He also mentioned some pretty scary statistics about 53,000 deaths every year in the U.S. being related to emissions. Yikes! If that doesn't make you want to invest in a more eco-friendly vehicle, I don't know what will.
"For all of you who have bought an S or an X, thank you for helping pay for the Model 3."
The cheers really came from the audience when Musk revealed how much the Model 3 would cost. The $35,000 price tag is significantly lower than the Model S and Model X cars that Tesla has sold previously. As Musk put it, "For all of you who have bought an S or an X, thank you for helping pay for the Model 3. So, the Model 3 is happening because of you." Models like the S have been out of the price range of many Americans and this is just the start of the increase of the presence of these cars.
Musk estimated that by the end of next year the amount of superchargers in the world would double and that the quantity of destination chargers is expected to quadruple. Currently Tesla has 215 locations in North America, Asia and Europe, but by the end of 2017 the company expects to have 441 sites where you can purchase and have your vehicle serviced. This major expansion will be a development to watch for competitors like the Chevy Bolt or even BMW and Audi. With over 134,000 people already having pre-ordered their Model 3 online in 24 hours, Tesla is definitely reaching an audience ready to buy.
The Model 3 comes with the promise of being "5 star in every category" with safety and speed. The Autopilot safety features will come with the model and won't require customers to purchase the Autopilot Hardware as an additional option. The base Model 3 can accelerate from 0 to 60mph in less than 6 seconds. It's not quite as fast as the Model S which can go from 0 to 60mph in 4.2 seconds, but for the base model and at the more affordable price, customers will still feel like they're getting a fast car. It also has a range of 215 miles which is more than many people expected. The rear window or roof area is one full panel of glass and gives the car a very sleek look as well as making it feel more spacious inside for the 5 adult passengers it can accomodate.
Several journalists, like Nick Jaynes were able to take a ride in the Tesla and have confirmed that it does seem spacious and roomy inside. Along with being a comfortable ride, the Model 3 will have 2 trunks, supercharging capability and the 15-inch tablet touchscreen in the dash. It's got a great look and with the supercharge, drivers have the freedom to go where they want.
The development of the Gigafactory, which will be the largest producer of lithium batteries in the world, puts Tesla in a league of its own when it comes to production. Musk is confident that they can meet the expectation of pre-orders and have the Model 3 rolling into the streets at the end of next year.