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2014-07-16T11:52:32Z
Elon Musk’s vision for fleets of all-electric vehicles seems to be going well for the most part, some litigious miscellany notwithstanding, but the cars are rather expensive. However, that’s all going to change in 2017, when Tesla releases the Model 3 that will cost just $35,000.

Granted, a $35,000 car is not what you’d call cheap, but it’s far more affordable than the nearly-$70,000 Tesla Model S sedan.

Tesla Model S
Tesla Model S

Based on an all-new platform, the Model 3 should have a range of over 200 miles on a single charge, and of course it will make use of Tesla’s growing nationwide network of Supercharger stations.

There will no doubt be plenty of leaks and rumors about this car, which could cause a serious disruption in the auto market in a few years.
Rosec14
2014-07-16T12:10:34Z

Anyone know what "litigious miscellany" the author is referring to?

NicolasJulan
2014-07-16T12:19:48Z
digitaldd
2014-07-16T14:32:16Z

So its basically the cost of a Prius?

xXxDOYLExXx
2014-07-16T14:39:29Z

And my house cost $20,000 lol (granted I live in the midwest and it's a lot cheaper)

200 miles though? How long does it take to charge? In the midwest you will drive close to 60 miles (round trip) just to work, let alone other duties for work or after hour errands. I imagine it takes a few hours to charge the car?

I saw some articles on a new Samsung S4 charger that only takes 30 seconds to charge it completely...until that tech comes out for cars, electric cars are worthless imo.

Anonymous
2014-07-16T17:00:56Z

The price of the car is even less than it is seems as you save money on gas and maintenance.

As for charging it depends on how you charge, if you charge at home, Tesla has a twin charger that charges to full in 4.5 hours. So you wake up every morning with 100% range never having to worry about filling up. (60 miles would take about an hour). At superchargers, for long distance you can charge to 50% in 20 minutes while you eat. (supercharging is free for life with purchase of the car)

If you need more than 200 miles. Tesla will have options for larger batteries.

The biggest mistake people make is try to judge EVs as gasoline cars rather than just cars. Once you realize how much time and money you save going straight home instead of wasting time at gas stations, is when people realize the convenience.

AustinCurran
2014-07-16T23:02:31Z

Now you too can have a firebomb!

Anonymous
2014-07-16T23:27:55Z

Hopefully with this car we can reduce the use of gasoline vehicles. 1 out of every 1666 gasoline vehicles catch on fire every year and is a serious issue. With a move to EVs, we will reduce car fire significantly.

TylerVieira
2014-07-17T00:12:54Z
AustinCurran
2014-07-17T00:13:21Z

i forgive you

Mordymion
2014-07-17T02:06:23Z

I like the idea, but I do kind of wonder what corners they're cutting to provide a Tesla at half cost. I've always wanted a Model S because of the fact that they made EVs into luxury cars, and that's not going to happen at $35,000.

Anonymous
2014-07-17T05:45:24Z

It will be a smaller car, size of a 3 series. And since they plan to build the gigafactory, they expect at least 30-40% reduction in battery costs.

CliffVincent
2014-07-17T06:01:14Z

yes... because 68 percent of the average yearly income = for the rest of us

Anonymous
2014-07-17T11:25:41Z

Are you factoring in savings on fuel and maintenance? It is cheaper than a 25k gasoline car, and given enough miles per year it would be like a free car.