30 Jun '15, 12pm

Tesla Model 3: Speculating On Batteries, Power, Price, Versions

By David Noland 1,319 views Jun 30, 2015 Reddit This! Share on Facebook Share on Twitter 2012 Tesla Model S beta vehicle, Fremont, CA, October 2011 Enlarge Photo The upcoming Tesla Model 3 may just be the most anticipated and significant electric car ever. Scheduled to hit the market in late 2017 with a price tag of $35,000 and a range of 200-plus miles, the Model 3 aims to be the first true mass-market electric car. Its sales are targeted at 500,000 per year by 2020—fully 10 times the production rate of the $75,000-and-up Tesla Model S. DON'T MISS: Where Can Tesla Legally Sell Cars Directly To You? State-By-State Map Tesla and partners will ultimately invest $5 billion in a “gigafactory” to build lithium-ion cells and batteries for the Model 3, and billions more to develop and produce the car. Its success (or lack thereof) will almost certainly make or break Tesla as a ca...

Full article: http://www.greencarreports.com/news/1098917_tesla-model-3...

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