Tesla Model 3 Pre-Orders In March 2016 for $35,000

3 Series, News | September 3rd, 2015 by 15
tesla model 3 750x500

The highly-expected BMW 3 Series competitor, the Tesla Model 3 will being taking pre-orders in March 2016. Tesla CEO, Elon Musk took to Twitter to announce the news and to confirm the price for the electric sedan: $35,000.

Musk also says that sedan will start production in about 2 years since a fully operational Gigafactory to produce batteries is needed. Not many details have been unveiled about the new Model 3, but sources have indicated that performance up to 62 mph could eclipse that of the BMW M3, better than 4.1 seconds officially reported by BMW.

tesla model 3 750x563


Batteries for the Model 3 will come from Tesla’s so-called Gigafactory in Nevada, and sources suggest it will have a range of up to 300 miles on a single charge.

Same sources say Tesla will use bespoke underpinnings because it is will be around three-quarters of the size of the Model S, therefore significantly lower in price.

Tesla could offer an estate and coupe version if the market will demand.

15 responses to “Tesla Model 3 Pre-Orders In March 2016 for $35,000”

  1. Tom says:

    Pretty compelling. Is Tesla selling this vehicle at a loss?

    • Horatiu B. says:

      Not sure. Good question. The price is great for sure.

    • John says:

      They have a 30% margin on the Model S & X so I expect they will be maintaining similar margins on the Model 3.

    • Kaisuke971 says:

      They sell more and more cars so the production cost (plus research cost) for each car is decreasing more and more, so with this car (if it does its job) their margin on everything they sell will rise.

    • Meh says:

      Probably not. It should be a smaller lighter car requiring less batteries. Also, the power will probably be dialed back in favor of efficiency. I think people are expecting it to be P90D level acceleration.

      Anyway, based on their history. Add 2 years and $10k to what he just “twitted”. I would expect starting at $45k and production in 2019.

  2. joseph_rma says:

    What an annoying talk of how fast one Tesla can do to 60. Does only matters 0-60 time to just talk about it? I wouldn’t care if it’s slightly faster than the M3.

    • Rob K says:

      Efficient vehicles have always been subjected to performance criticism. Discussing 0-60 times of Tesla’s vehicles is important for the industry. It helps get enthusiasts onboard with the tech.

    • Kevin Salazar says:

      That’s a pretty helpful (and impresive) tidbit if you want to appeal to the buyers in that class. Why is that “annoying”?

      • joseph_rma says:

        You’re right, that’s impressive, and that is good marketing from Tesla also, but there have been too much talk about it recently, even internet is tired.

  3. jason bourne says:

    Wish they’d show what the front end looks like, even though it’s most likely like that of the Model S, which is not very good looking.

    • Mike Vella says:

      My concern is the interior. This car fully loaded will be closer to 50K, most likely. The current model s is nice overall, but the interior is lacking for a car in that price range.
      In this range, it should be at least as good as an A4 or a 3 series with the luxury package/Dakota leather pack.

  4. mckillio says:

    I’m really interested to see how much the price of the S and X will drop once the Gigafactory is up and running.

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