Tesla's Model S Is So Incredibly Fast

 



Model 3

Designed to attain the highest safety ratings in every category, Model 3 achieves 220 miles of range while starting at only 35,000 USD before incentives.

CEO Elon Musk revealed Sunday that its much-anticipated mid-market sedan, the $35,000 Tesla Model 3, will reach its first buyers on July 28. That's on track with the company's previous estimates despite delays and production woes with its previous model, the Model X SUV.

Musk also noted on Twitter Sunday that the Model 3 had passed regulatory requirements for production two weeks ahead of schedule. So far, Tesla stock has jumped about 2% on the news.
 

The Tesla Model 3 price is less than its predecessors...

The base price for the Tesla Model 3 is reportedly $35,000, which is significantly lower than its previous models. The Model S can be had for $68,000, and the Model X costs about $82,500. Still, the Model 3's $35,000 figure assumes that the buyer wants to add no bells and whistles. Last year, Musk estimated that the average Model 3 would cost closer to about $42,000.
 
 
 
 


There are two things that Tesla has done differently in the run-up to the launch of the $ 35,000 Model 3, the first “mass market” product from the electric car company, which signals the entry of the luxury vehicle maker into the mainstream car market.

Tesla has itself described the Model 3 as a stripped-down Model S, the lists of the new car’s specs and features are pretty formidable. It goes from zero to 60 miles (97 km) per hour in 5.6 seconds, according to a specs sheet Tesla published in May — faster than most conventional base-level models in the premium car segment, including the BMW 3 Series and the Mercedes C-class sedans. Tesla claims the Model 3 can travel at least 215 miles (346 km) on a single charge, and buyers have the option to upgrade to a bigger battery that could take the car even farther.


The Model 3’s roof is a sheet of UV-protected glass that stretches from the front of the car to almost its boot. The vehicle is equipped with the hardware for Tesla’s autopilot features and high-speed supercharging, alongside the carmaker’s signature touchscreen control panel that handles everything from navigation to speed. Rear wheel drive is standard, and dual motors and all-wheel drive are possible future options.


 For Tesla, getting into the mass car market is also important to justify its credentials as America’s most valued carmaker. More so, because Tesla edged out General Motors Corp in market cap this April — despite GM having sold about 10 million cars in 2016 as compared to Tesla’s 75,000, and GM’s $ 9 billion profits last year comprehensively overshadowed Tesla, which has had just two profitable quarters in its entire history as a public company.

Meanwhile, the company plans to ramp up the production of the Model 3 in phases — from 100 cars in August to more than 1,500 by September to 20,000 cars per month by December. Tesla chief Elon Musk has publicly said that he has high hopes from the Model 3, and expects the rollout to help the company deliver five times its current annual sales volume. The first deliveries are expected on July 28.

 


















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