The unveiling of the Model 3 will take place in March, and pre-orders will begin immediately. Production will start in 2017.
The base model will cost $35,000 USD, reportedly before government incentives, which in the U.S. range from $7,500 to more than $13,000, depending on the state.
Musk said the Model 3 would be about 20 percent smaller vs the Model S.
Expect a range of at least 200 miles per charge, possibly more.
"It’s a new battery architecture, it’s a new motor technology, brand new vehicle structure.
The Model 3 will have a warranty similar to that for the Model S, including an 8-year, infinite mile transferable warranty on the battery pack and drive unit
