Tesla Model 3

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Candy Red Tesla Model 3 trimmed 2.jpg

Telsa Model 3 is the next generation luxury electric car from Telsa Motors. The Model 3 is manufactured at the Tesla Factory located in Freemont California,[1] and the batteries are produced at the Gigafactory 1 located in Sparks, Nevada.[2]

Features include 220-mile driving range and seating for five adults. Options include all-wheel drive, performance package, and autopilot. Supercharging is standard at any of the thousands of Tesla DC fast chargers located nationwide.[3] Its top speed is 132–162 MPH, depending on the variant.[4] Model 3 arrived for customers starting July 30, 2017. People who paid in full received the first deliveries.[5]

Tax credit

American buyers can qualify for a $7500 Plug-in Electric Drive Vehicle Credit when purchasing Tesla vehicles. This credit is available to the first 200,000 customers who purchase, not lease, a Tesla car. The full rebate expired on December 31, 2018, and was replaced by a $3750 rebate which in turn will expire on July 31, 2019. [6]

Variants

The Model 3 is available in numerous variants with prices ranging from $39,500 for the rear-wheel-drive Standard Range Plus version to $59,500 for the Dual Motor all-wheel drive Performance version. Additional features such as Full Self Driving cost extra.[7]

Sales

The Model 3 was unveiled on March 31, 2017.[8] Less than a month later it was announced the car had received nearly 400,000 orders with down payments of $1000.[9] On July 2, 2018, Elon Musk announced that the Model 3 had reached the production milestone of 5000 cars per week.[10] According to Bloomberg, as of late May 2019, Model 3 production has reached an estimated 264,901 units with a production rate of approximately 6000 per week.[11] This sales volume makes it one of the best-selling sedans in the U.S.

Fremont Factory Shutdown

The Fremont factory was shutdown on February 28. Tesla announced they will use this time to make upgrades and improvements.[12]

See also

References

External links