Tesla reveals more specs, prices for Model 3

Marcus Newton
July 30, 2017

Electric-car maker Tesla unveiled the first of its Model 3 saloons on Friday as the company drew closer to introducing the vehicle - which is priced for mainstream consumers - to the United States market.

At its unveiling past year, Elon Musk would only say the Model 3 would hit 100km/h in less than six seconds and be able to travel for a maximum of 345km on a single charge.

TAX CREDITS: In the U.S., where sales will begin, the Model 3 is eligible for a $7,500 federal tax credit, but that credit is likely to begin phasing out next year after Tesla sells more than 200,000 vehicles in the U.S. Many states offer additional tax credits, including California, Colorado and NY.

Long Range models will offer more, well, range. Moreover, Tesla also plans to enter emerging nations like India and in all probability a vehicle like Model 3 will be the first product it launches in such markets due to its practical design. For a while, the prevailing theory was that the Model 3 would come with a HUD, or heads up display, projected onto the windshield, but that rumor died out as the auto entered production, especially when a Tesla engineer broke down how the center screen worked last weekend.

From day one, Tesla CEO Elon Musk has said the company's mission is to transition the world to electric cars. The features now offered on Tesla cars are mostly to assist drivers on the highway, but Musk spoke of a time in the future in which Tesla drivers will sleep or watch movies while the vehicle does all the work. Tesla said the Model 3's standard battery provides a 220-mile range.

After months and months of anticipation, Elon Musk has finally answered nearly all of our questions about the Model 3.

The Model 3 silhouette resembles that of the Model S, but the new electric ride is smaller with a simpler design. "In the same amount of space to build 50,000 cars, we can build 250,000 Model 3s" reported The Verge. "That's going to be where we are for at least six months, maybe longer". Those additional features include self-driving hardware and enhanced autopilot software.

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Tesla is looking to ramp up production quickly between now and the end of 2017, with 5,000 vehicles rolling off the assembly each week by December.

We already had a pretty good idea based on Tesla's total customer deposit account, but the company kept refusing to update the official count - saying that it is not representative of the actual demand for the Model 3.

Recharging the battery via Tesla's high-speed superchargers will add 130 miles of range in 30 minutes.

The Model 3 is one of the most practical electric cars around. Since its unveiling previous year, the Model 3 has garnered over 500,000 pre-orders from prospective buyers worldwide.

The highly anticipated Model 3, the vehicle Tesla hopes will boost its production to hundreds of thousands of electric cars a year, will initially come in two versions. The progress he's made thus far in executing that vision has catapulted his company's market capitalization past carmakers that have been around more than a century, including Ford Motor Co. and General Motors Co.

Look into the future and assume the Model 3 succeeds in the mainstream market.

To meet the expected pre orders would require a serious scale up in production, something Musk himself described as "hell" but he was committed to going through that hell to get to the optimum levels.

Other reports by MaliBehiribAe

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