It started with a tweet by Tesla Motors in July 2014:
With its long lasting battery, beautiful design and futuristic interiors, the Model S showed to the world that electric cars can be great replacements to petroleum vehicles. Elon Musk’s vision of creating a sustainable transportation is perfectly personified in this car… except that not many people can afford it. If Tesla were to serve to the general public, it would have to cut down prices significantly.
Tesla’s Gigafactory is aimed to do just that - produce high quality, desirable electric cars while keeping costs low. When the Gigafactory opens later this year (suggested), Tesla will be able to produce cheaper li-ion batteries right where the cars are built. And with the factory in place, Musk will finally be able to showcase a car that costs just as much as an average petroleum vehicle and still feature the amazingness of an electric Tesla car. This new car is officially coined as the “Tesla Model 3”.
In September 2015, Musk tweeted:
Elon also confirmed that the Model 3 will be priced at about $35,000 before incentives. This means the car will definitely appeal to a large audience.
Today, Musk tweeted again, saying that reservations for the Model 3 will begin on March 31. Moreover, he said that there will be no “signature” version of the car, which means all Model 3’s will be equally premium.
That’s it, folks! That was a quick update on the Model 3, a car I’m really looking forward to.
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