Today starting at 9 p.m. Pacific (11 p.m. Eastern), Elon Musk showcased the final reveal of the Tesla Model 3. One of the big questions on people’s minds was what the final price of the car would be, including options. We’ve been told from the beginning that the base model is going to cost $35,000. But how much higher can the price go?
Here’s what we learned from the Model 3 reveal event on July 28 today.
There will be two Model 3 cars, the Standard and the Luxury.
Model 3 Standard
- 220 miles range
- 5.6 seconds from 0 to 60 mph
- 130 mph top speed
- Full self-driving hardware
- Wi-Fi and LTE connectivity
- Free over-the-air software updates
- Full LED lighting
- Eight year, 100,000-mile battery warranty
Model 3 Long Range
- 310 miles range
- 5.1 seconds 0 to 60 mph
- 140 mph top speed
- Rear wheel drive (the beginning configuration)
- Premium upgrades
- Three customization options: wheel size, exterior color, autopilot features
Tesla is also working on ramping up production of its superchargers. By the end of next year, there will be three times as many superchargers as there are today, all over the world.
Thirty cars were released tonight. Elon assured people who waited in line and bought their cars the day of the initial reveal that this mattered to them. He didn’t get into specifics about the interior and exterior, but from looking at the cars, a few things seemed possible:
There are many color options (silver, blue, red, etc.), but it looks like the interiors are all grey. The rims looked like they were either 18″ or 19″, aero or sports, but it was hard to tell from the stream quality. The speedometer appears to be on the center console.
According to Electrek, the following specs are expected with the Model 3.
- Standard battery (220 miles)
- Deliveries begin Fall 2017
- 0-60 mph in 5.6 seconds
- Interior: 15″ touchscreen, dual zone climate control, FM/Internet streaming radio, Textile seating, front center console
- Additional: Onboard maps, Wi-FI and LTE, Keyless entry, voice-activated controls, Bluetooth hands-free calling, 60/40 split folding rear seat, back-up camera, auto-dimming rear-view mirror, one-touch power windows, power-adjustable side mirrors, 12-volt power outlet
- Safety: Six front and two side airbags, seven cameras, three-point safety belts, Full LED exterior lighting, two LATCH attachments, four-wheel antilock disc brakes with electronic parking brake, anti-theft alarm, tire pressure monitoring, child safety
- Warranty: 4-year, 50,000-mile limited
- Battery warranty: 8 year, 100,000-mile
- Long range battery – $9,000
- Paint: Black, midnight silver metallic, deep blue metallic, silver metallic, pearl white multi-coat, red multi-coat (all colors but black cost $1,000 extra)
- Wheels: 18″ aero or 19″ sport for an additional $1,500
- Upgrade interior for $5,500 – Heated seating, two rear USBs, wood decor, 12-way power adjustable seats, premium audio system, tinted glass roof, auto dimming and heated side mirrors, LED fog lamps, center console with storage for docking two smartphones
- Enhanced autopilot – $5,000 – Match traffic conditions, keep in lane, automatically change lanes, transition from one freeway to another, exit freeway and self park
- Full self driving capability – $3,000 plus Enhanced Autopilot – This isn’t available now.
When it comes to getting the car to early adopters who stood in line a long time, Musk said that’s important to Tesla.
“That really matters to us and we really care,” he said. “We’re going to do everything we can to get you a car as soon as possible.”
He said if you order a Model 3 now, you should get one toward the end of next year. In contrast, anyone who orders a Model S now will get it in one to two months because it’s already in production.
Learn more about the Tesla Model 3 below: