Tesla Motors‘ tweeter-in-chief Elon Musk took to his favorite social-media platform yesterday after news broke about the ever-upcoming Model X electric crossover, and in the process, he revealed some new tidbits we hadn’t yet heard about the long-promised Model 3. It turns out that you’ll be able to put in your reservation for one very soon.
-According to Musk, the Model 3 will be unveiled early next year, with production beginning some time in late 2017. We knew that already, as well as the target price: $35,000 before applying any federal or state green-car incentives. The news here is that, when the automaker officially reveals its Model 3 sedan and crossover in March 2016, you’ll be able to put down your dollars and reserve yours right then and there.
-- -@elonmusk $35k price, unveil in March, preorders start then.
-— Elon Musk (@elonmusk) September 2, 2015
What kind of buyer stakes out a spot in line for a $35,000 more than a year before it begins production? Hard to say, but apparently Musk thinks there will be enough demand for the affordable electric sedan that he’s making it an option.
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- Tesla Model X Specs Revealed on Invite-Only Online Configurator
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- Hackers Shut Down a Moving Tesla Model S
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- Tesla Model 3 Will Be Available in Sedan and Crossover Variants
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There’s another potential wrinkle revealed in those two tweets: In order to make good on that timeline, Musk will need his super-huge Gigafactory facility online. Considering the huge amounts of capital that project requires, we’re going to have to wait for this one to play out.
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