After months of waiting, the day has finally come. Tesla (NASDAQ:$TSLA) will make the first deliveries of the Model 3, it’s first mass-market vehicle, on Friday night.
This will be Tesla’s first sedan intended for a general consumer audience. Tesla’s Model 3 is priced at $35,000, and it will be sold through most of 2018 after securing more than 350,000 preorders for the vehicle in April of 2016. On July 28, at 8:45 p.m. PT, Tesla will livestream the official launch of the Model 3 vehicle on its website.
The Model 3 deliveries will commence at Friday’s party as it slowly increases production to 20,000 a month in December.
Despite being called the company’s most important car yet, investors still have a few unanswered question about the vehicle.
It’s an exciting day for those who have followed the vehicle’s journey as Tesla has yet to provide a real glimpse of the Model 3’s interior or finalize specs for the car.
Before the official launch, here are 10 things you need to know about Tesla’s Model 3 vehicle.
- Tesla will offer roughly 4 color options for the vehicle: metallic gray, silver, red, and black
- The starting price for the Model 3 is $35,000 before tax incentives. However, if you want the full experience, the final price is likely to go above $40,000.
Keep in mind that it is still unclear as to whether customers who purchase the Model 3 will be allowed to claim the full $7,500 federal tax incentive. This credit applies only to the first 200,000 cars a manufacturer sells domestically.
On their website, Tesla doesn’t make any promises or guarantees about the federal tax incentive.
- According to Tesla, the car will be able to drive roughly 215 miles on a single charge. That’s good for a $35,000 car, to say the least.
- In under six seconds, the Model 3 can accelerate to 60 mph.
- Tesla might reveal more powerful versions of the vehicle at the event.
According to CEO Elon Musk, Tesla has plans to reveal different Model 3 trims in the future with longer ranges and faster acceleration.
- The vehicle is equipped with a new suite of sensors that provide support to the full autonomy.
The Model 3 comes equipped with the following: eight cameras, one radar sensor, 12 ultrasonic sensors, and a new Nvidia Drive PX2 supercomputer to support Tesla’s Enhanced Autopilot system.
- According to Tesla, the Model 3 is designed to achieve a 5-star safety rating
- Owners of the Model 3 vehicle will get access to Tesla’s massive Supercharger network
- The vehicle will offers plenty of space for a passenger sedan
The Model 3 can seat five, and fit a 7-foot surfboard, according to Musk.
- Last but not least, there will be a glass roof option on the Model 3 vehicle
Featured Image: Twitter
