Tesla Model 3

Last Modified: Sun Jul 30 2017 07:33:19 GMT+0530 (India Standard Time)
  • $35,000
    Starting price
  • 220 - 310 miles
    Distance it can travel on a single charge. Model S in comparison: 249 - 335 miles.
  • 0 - 60 mph
    in 5.1 - 5.6 sec. The Model S in comparison: 2.5 - 4.3 sec.
  • 5
    Adults - seating capacity. Model 2: 5 Adults + 2 Children
  • 373,000
    Advance bookings as disclosed in Apr 2017.
  • 500,000
    Number of orders estimated to have been placed by Jul 2017. Delivery estimate for new reservations is mid 2018 or later.
  • 6x
    Increase in capacity over what the company produced in 2016, were it to manufacture 500,000 in one year. Tesla faces major hurdles living up to the Model 3 hype. And if it did meet this capacity, it would likely outsell the BMW, Mercedes, or Lexus brands in the United States.
  • $2 billion
    Tesla has burned through in cash so far this year ahead of the launch.
  • 54%
    Surge in Tesla’s share price since January in anticipation of the Model 3 launch, and Tesla’s pricey valuation now exceeds that of traditional rivals like General Motors Co and Ford Motor Co.