Elon Musk has his hands full this week. Heck, the guy always has his hands full but this week marks the unveiling of the highly anticipated Tesla Model 3. There are all kinds of rumors and associated hype surrounding the car, so to clear things up, here are five things you should know.
1. THIS WILL BE THE CHEAPEST TESLA EVER
In years past, Tesla was known for being the environmentally friendly plaything of the rich and famous. The average Joe agreed with the electric powered benefits the car offered, but with it being so pricey, that benefit could never be obtained. Musk heard the cries of the middle class and has valiantly delivered. The Model 3 will be the most reasonably priced model yet, coming in at $35,000. Remember, that’s before state tax incentives.
2. YOU’LL NEED A DEPOSIT
As one can understand the Tesla Model 3 is highly anticipated. It won’t be easy to just walk up to the dealer and drive one of the lot. In order to lock a place in line, it will cost $1,000 to put down a deposit when reservations open on March 31st.
3. MODEL 3 WON’T BE ON THE ROAD YET
With all the hype and pending release date coming soon, it seems like the car will be seen everywhere next month. Try next year. The company is expecting to start customer delivery later next year. Production delays are also quite common with the company, so don’t be surprised if that date is pushed back.
4. THE RANGE WILL BE TIGHT
As with most electric cars these days, Tesla’s range will be impressive. However, the Telsa Model 3 will boast a massive 200 miles on a single charge. That’s certainly enough to get to get to and from the liquor store every day, or, you know, a commute to work.
5. ELON MUSK WILL BE PROUD
The release of the Tesla Model 3 is perhaps more significant than past models. CEO Elon Musk has always imagined the world where environmentally friendly cars were affordable and popular. If this model turns out as successful as many think it will, his moonshot dream may very well become a reality. Rivalries like Nissan Leaf and Chevy are already lining up, but it will be a healthy competition with global benefits.