The world’s first sexy and affordable electric car? Pre-orders for Tesla Model 3 hit 276,000 in two days
Is this the car that’s going to thrust electric vehicles (EVs) in to the mainstream? Certainly Tesla’s charismatic chief executive Elon Musk thinks so. He has just announced 276,000 pre-orders in 48 hours for the company’s latest EV, the Model 3.
Expected to cost at least $35,000 when it ships in mid-2017, that means the company has secured $9.7 billion worth of sales for a car that is still over a year away from leaving the production line.
In fact Musk estimates an average selling price of $42,000, once all the optional extras are taken into account, meaning that the actual revenue for Tesla could be even higher.
Of course at present the only revenue is the $1,000 deposits for the cars which is just a small portion of the final sale price. However it is bound to help as the company now has an extra $276m in the bank to prepare for what’s sure to be the company’s most ambitious move yet.
Featuring a four wheel drive system, the engine in the new 2017 Tesla Model 3 can obtain a maximum power output of 370 HP with target driving range expected to be 200 miles. We are also expecting that the new Model 3 will go 0-62mph in a time of 4.1 seconds.
Other technology features include USB and Bluetooth connectivity, heated seats, rearview camera and Wi-Fi. Optional features may include the following: self-park, lane continue support, adaptive travel, and even automatic high and low ray headlights.
Although the Model 3 is supposed to be delivered in 2017, there is a chance it could be late as the company’s previous car, the Model X, eventually arrived three years late, due to problems moulding the seats for the car.
The Model 3 will be the third major car in Tesla’s fleet. The Model S, a luxury sedan, was launched in 2012, while the Model X, an SUV/people carrier crossover, was eventually launched last year.
When it goes on sale it will competition from Chevrolet which at CES earlier this year also announced a similarly priced electric vehicle dubbed The Bolt.
You can see Tech Digest’s review of the Model S and its autopilot feature here.
For more information go to https://www.teslamotors.com/en_GB/model3
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“Touted as the affordable electric sports sedan, the Model 3 is Tesla’s eco-friendly gift to the motoring masses. Base rear-wheel-drive cars should get about a 215-mile range; all-wheel drive will be offered, and larger batteries with longer ranges are expected. Tesla’s Autopilot self-driving feature will come standard, but details are scarce about the rest. Don’t get too attached to the styling, either—this car is still a work in progress, as is Tesla’s claim that production will start in 2017.”
anyways nice model !
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That is a picture of the Model S, not the Model 3.
Thanks. Have now changed.