Tesla delivers first Model 3, says 310 miles of range possible

As Tesla 3 Hits the Streets, Where Are the Other Electric Vehicles?

As Tesla 3 Hits the Streets, Where Are the Other Electric Vehicles?

After rolling onto the stage in a cherry-red Model 3, one of the first looks Musk gave the audience of the new vehicle was a short video showing off the interior of the auto, which he essentially said was created to be autonomous.

"We're trying to have as close to a single configuration as possible as we boot up the production line", said Musk. It's a steep increase in production - making 500,000 vehicles in a year, as Tesla has vowed to do, would mean increasing its 2016 production nearly sixfold, according to Reuters.

Despite the information vacuum that's surrounded the Model 3 until now, the hype generated by the mere prospect of an affordable Tesla compelled thousands of buyers across the world to place a $1500 deposit to secure their place in the production queue. You can add enhanced Autopilot and full self-driving capabilities for an additional $8,000.

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.

After years of anticipation, Tesla Motors Inc.

Tesla recently injected $1 billion (around Rs 6,317 crore) of investment into the company, something CEO Musk has previously said would help the company meet the high demand requirements of its new model.

The Model 3 (which Musk wanted to name the Model E, to give him a range of S E X, but was foiled by the lawyers) is about 20 per cent smaller than the S, so think of it more as a BMW 3 Series/Jaguar XE alternative.

One of the events that stunned the people all across the globe was the launch event of new Tesla 3 vehicle. For reference, a base Model S costs $68,000 and has a driving range of around 250 miles. It doesn't have the fancy door handles that caused problems on the Model S, or the gull-wing doors of the Model X SUV.

It's finally official: the Tesla Model 3 will feature two battery options, one with 220 miles of range and a second with 310 miles of range. The $37,500 Chevy Bolt, for example, boasts a similar price and battery range - 238 miles on a charge - as the Model 3.

The air vents in this Tesla 3 are invisible and the dash seems quite clear. This is the first time many Tesla workers will be able to afford a Tesla. Musk, however, could announce a more powerful trim with a better range.

The first batch of cars all went to Tesla employees, who will keep an eye out for any bugs or glitches that could mar the $35,000 sedan's rollout over the coming months.

Lisa Gingerich, a Milwaukee-based attorney, reserved a Model 3 within minutes of the order bank's opening.

A year from now, if he hits the goal and is selling half-a-million cars to overwhelmingly satisfied customers, even the skeptics might dub him Iron Man.

After receiving an astonishing number of reservations during the first few weeks following the original unveiling of the Model 3 in March 2016, Tesla refused to update the total number of reservations over 375,000, the last official number from May 2016. The first cars will actually start at $44,000, and only the very leanest Model 3s will ring up at $35,000.

"We believe we will eventually look back at the launch of the Model 3 and compare it to the iPhone, which proved to be the catalyst for the shift to mobile computing", he said.

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