---
title: "Elon Musk Finally Announced a Release Date for the Model 3"
description: "Tesla's CEO tweets a timeframe for the affordable EV's unveiling."
date: "2017-04-14"
modified: "2017-04-14"
authors:
  - name: "June Javelosa"
    link: "https://futurism.com/authors/javelosa-junegmail-com"
url: "https://futurism.com/elon-musk-finally-announced-a-release-date-for-the-model-3"
categories:
  - "Elon Musk"
  - "Future Society"
  - "The Industrialists"
tags:
  - "elon musk"
  - "Model 3"
  - "tesla"
---

# Elon Musk Finally Announced a Release Date for the Model 3

![elon musk model 3 tesla](<https://futurism.com/wp-content/uploads/2017/04/GettyImages-595297070-edit.jpg>)
*Elon Musk, CEO of Space Exploration Technologies (SpaceX) and Tesla Motors, speaks during an interview in New York, on Friday, October 28, 2011. (Photo by Ramin Talaie/Corbis via Getty Images) \<em\>Image: Ramin Talaie/Corbis/Getty\</em\>*

Word just came straight from Elon Musk himself: [Tesla](<https://www.tesla.com/>) will unveil the production version of the Model 3 in July.

It will be the third and final part of the unveiling for the highly anticipated mass market Tesla vehicle, and this is the first time the Tesla CEO has announced a definitive month for its arrival. His announcement came as a [reply to an inquiry made on Twitter](<https://twitter.com/elonmusk/status/852582182212194304>).

https://twitter.com/elonmusk/status/852582182212194304

Demand for Tesla's mass market model has been unprecedented. The Model 3 is priced at $35,000 before tax incentives and will have a range of at least 346 kilometers (215 miles) per charge. Right now, around [400,000 people have signed up for pre-order](<http://www.businessinsider.com/tesla-model-3-unveil-in-july-2017-4>), prompting Tesla to set ambitious production targets.

According to the company, they are planning to [produce 500,000 cars annually by 2018 and reach one million by 2020](<http://www.businessinsider.com/everything-tesla-promises-to-accomplish-by-2020-2016-7/#produce-500000-cars-per-year-by-2018-5>). To date, Tesla has only been able to produce 76,000 vehicles since 2016. But given that the Model 3 is actually easier to produce than any of their higher-end models, it shouldn’t be too difficult for Tesla to achieve this objective.

The Model 3's arrival in the market will also be a milestone in the mass adoption of autonomous electric vehicles. Once they're fully integrated into our society, electric self-driving cars will not only help Musk in his pursuit of a fully [sustainable world](<https://futurism.com/elon-musk-has-changed-the-name-of-tesla>), but also [significantly improve road safety](<https://futurism.com/governments-are-investing-in-self-driving-cars-because-they-will-save-lives>).