Finally, the excruciating wait is over. Tesla Model 3, the company’s long standing promise of an inexpensive, all electric, long range electric car is finally reaching the hands of its owners.
It has been almost a decade since the Tesla CEO Elon Musk had foretold his plan for an inexpensive electric car Model 3 for the public. The wait ended on friday night when Tesla handed over keys of over 30 Tesla Model 3 to their respective owners who were waiting anxiously and excitedly at the company’s facility in Fremont, California.
Once the event was all over, Tesla shared the pricing and specifications of its Model 3 which all of us have been waiting for. Elon Musk had this to share at the event, “Model 3 is a smaller, simpler and a more affordable electric car. Designed and built as the world’s first mass-market electric vehicle, it is a critical step in Tesla’s mission to accelerate the world’s transition to sustainable energy. Like every Tesla vehicle, Model 3 combines range, performance, safety and technology.”
“Intelligent design maximises interior space to comfortably fit five adults and all of their gear. The high-efficiency powertrain provides zero to 60 mph acceleration in as little as 5.1 seconds. Model 3 is designed to achieve the highest safety ratings in every category. Combined with 220* to 310 miles of range and a starting price of $35,000 before incentives, Model 3 is Tesla’s most affordable vehicle yet.” he further added.
The base Tesla Model 3 was confirmed to have a price of $35,000. The base model can boast of a net range of 220 miles as per the EPA estimate, a 0-60 time of 5.6 seconds and a top speed of 130 MPH – with deliveries to start in the Fall/November 2017.
Adding the “Long Range” battery option moves first deliveries up to this month, adds $9,000 to the price, but bumps range up to 310 miles, lowers the 0-60 MPH time to 5.1 seconds, and bumps the top speed to 140 MPH – a pretty good deal from $44,000 ain’t it?
As of now, there is no word from Tesla regarding the All Wheel Drive versions of the Tesla Model 3. One can expect Tesla to add little more oomph and slightly better range to its AWD versions. The production of the AWD models are expected to start by late 2017 or early 2018.