Tesla’s Model 3 here next month

Tesla said in its latest financial results that it will unveil its new Model 3 on 31 March 2016, with production and deliveries planned for late 2017.

The announcement follows comments from Tesla CEO Elon Musk that the Model 3 will make it affordable to own an electric vehicle.

Speaking to the BBC, Musk said the Model 3 is the third part of Tesla’s strategy – which is aimed at producing a high-volume, low-cost electric car.

“To have a substantial effect on transportation, we have to make the cars affordable,” said Musk.

Unless there is an affordable electric car, they will only have a small impact on the world, he said.

More on Tesla and electric cars

The Apple Car is coming

Tesla autopilot mode to launch soon

Latest news

Partner Content

Show comments

Recommended

Share this article
Tesla’s Model 3 here next month