Tesla Model 3
| Tesla Model 3 | |
|---|---|
Tesla Model 3 prototype
|
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| Overview | |
| Manufacturer | Tesla, Inc. |
| Also called | Code name: BlueStar |
| Assembly | United States: Fremont, California (Tesla Factory) |
| Body and chassis | |
| Class | Compact premium car (C) |
| Body style | 4-door sedan |
| Powertrain | |
| Electric range | Minimum 215 mi (346 km) range (EPA-rated) |
| Dimensions | |
| Wheelbase | 2,870 mm (113 in) est. |
| Length | 4,676 mm (184.1 in) est. |
| Width | 1,885 mm (74.2 in) est. |
| Height | 1,435 mm (56.5 in) est. |
The Tesla Model 3 is an upcoming all-electric four-door compact luxury sedan produced by Tesla, Inc. It was unveiled on March 31, 2016. Tesla anticipates the Model 3 will deliver an all-electric range of at least 215 miles (346 km), with base model pricing in the US market starting at US$35,000 before any applicable government incentives.
Limited Model 3 production is scheduled to begin in July 2017. Production is planned to ramp up to exceed 5,000 vehicles per week at some point in the fourth quarter, and 10,000 vehicles per week at some point in 2018.
Within a week of the unveiling, company officials said they had taken 325,000 Model 3 reservations, more than triple the number of Model S sedans Tesla had sold by the end of 2015. These reservations represent potential sales of over US$14 billion. As of May 15, 2016[update], Tesla had taken about 373,000 reservations.
Company officials said the base model of the all-electric car will have a range of at least 215 miles (346 km), will be able to seat five people comfortably, include both front and rear trunks, and will be able to accelerate from 0 to 60 miles per hour (0 to 100 km/h) in less than six seconds. The Model 3 is expected to have a drag coefficient of Cd=0.21. This will be lower than the Tesla Model S drag coefficient of Cd=0.24, which in 2014 was the lowest among current production cars. Tesla CEO Elon Musk said that the rear-wheel-drive base model would have great traction on ice because of the fast torque response of the electric motor.
During the unveiling ceremony, Tesla announced a price starting at US$35,000 before any applicable government incentives. However, with options, Musk predicted that the average sales price will be closer to US$42,000. First deliveries are expected in the US by late 2017, with full production in 2018. As a result of the high demand for Model 3, in May 2016 Tesla announced its decision to advance its 500,000 total unit build plan (combined for Model S, Model X, and Model 3) to 2018, two years earlier than previously planned, in order to accelerate its target for Model 3 output. Tesla issued US$2 billion in new shares to the stock market to finance the plan.
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