Tesla Electric Car Model 3 Unveiled At $35,000; Available For Pre-Order In India

Tesla Electric Car Model 3 Unveiled At $35,000; Available For Pre-Order In India

Tesla Model 3 Unveiled At $35,000; Available For Pre-Order In India

At an event in Los Angeles, Tesla announced its latest electric car, the Model 3.The $35,000 vehicle with a 215-mile range is designed to seat five people easily and can travel 215 miles on a single charge. It goes from 0-60mph in six seconds. It has auto-pilot capabilities.

According to financial Times
Elon Musk, Tesla's chairman and co-founder, said on Sunday that it had received 276,000 orders worldwide for its $35,000 Model 3 by the end of Saturday, more than 18 months before the first deliveries will be made. If all those orders turned into actual purchases, Tesla would be in line for about $10bn in revenues from the Model 3, which will have a range of more than 215 miles. 

CEO Elon Musk presented the car on stage and declared that the company’s Autopilot 3 self-driving feature as well as support for its Superchargers that deliver sufficient power for 170 miles in 30 minutes which will be available as standard.

Speaking on stage, Musk boasted about the Model 3’s safety features, appealing the car will be rated “five stars in every category.”

115,000 people have already paid $1,000 to get on the list to buy a Model 3, Musk said — that’s $115 million.

Tesla's aim is to accelerate the world's evolution to electric mobility with a full range of increasingly reasonable electric cars. Palo Alto, California-based Tesla designs and manufactures EVs and EV powertrain components.

 “It’s very important to accelerate the transition to sustainable transport,” Musk said on stage. “This is really important for the future of the world.”

Tesla doesn’t need to worry about creating a market for the 3. Nor does it have to worry about actually building it. No, the upstart automaker needs to accomplish something much harder.

“They’ll absolutely have a wow factor because it’s Tesla,” says Gary Silberg, an automotive analyst with KPMG. “They’ll know how to market it, and from that perspective, there’s no doubt in my mind it’s gonna be a big success.”

Musk also described big praise when he declared that each Model 3 will have autopilot equipment as a standard feature. The hardware will permit the vehicle to move separately, using sensors to do things like adjusting speed and change lanes. Tesla’s Model S features the technology, but many observers assumed the Model 3’s significantly lower price would preclude autopilot as a standard feature.

On Thursday, Musk declared on Twitter that the company was taking orders from across the world including in India, Ireland and Brazil.

Watch Tesla Unveil Video:

No comments

Note: only a member of this blog may post a comment.