Tesla announced this evening that the Model 3 will be unveiled on March 31. No further details about the event were provided, but the company did reiterate that the mass market car is “on schedule for production & deliveries in late 2017.”
Tesla also mentioned, in its letter to shareholders, that installation of Model 3 production machinery will begin this year.
As with previous vehicle unveilings, it is expected that Tesla will unveil a working prototype of the Model 3 during its March event. With the unveiling taking place a little more than a year before production, the vehicle shown will likely be close to the version delivered to customers by the end of next year.
Customers will be able to pre-order the Model 3 following the March 31 unveiling. The car’s starting price is expected to be $35,000 before any incentive.
The March 31 event will likely be Tesla’s most important of the year, though CEO Elon Musk said the company will not show everything about the vehicle at the unveiling.
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If it’s really gonna be under 30k it might disrupt the whole car market!!!
It will make a dent, but with $2 gas (or less) most people will choose ICE.
Tesla can’t supply the entire car market by itself, it just have to make the big boys nervous about their best-sellers losing market share and they’ll get religion. It’s already happening. After all, GM will get there a year ahead of Tesla.
Thanks for the update. FYI, you’ve got a bad link to Elon’s comment about not showing everything.
Elon has tweeted it’ll be $1000 to reserve and no Signature edition so 1st reserved, 1st delivered for all.
in conference call they said that more expensive will be delivered first…