Future Society

Elon Musk reveals a tentative timeline for the $35,000 Tesla Model 3

Alex KlokusMay 8th 2015
  • “I mean, we are hoping to show off the Model 3 in approximately March of next year,” Musk said, according to a transcript of the call. “Again, like, don’t hold me to that month, but that’s, like — that’s our aspiration.”
  • Musk also revealed a target date for the car to go on sale, which would be mid 2017 at the earliest, though he expects the real date would be later that year.
  • The current cheapest Tesla, the Model S 70D, costs $75,000. Other carmakers have grabbed headlines for announcing and releasing electric vehicles that are much less expensive. The Nissan Leaf starts at $29,000, and GM unveiled $30,000 Chevy Bolt earlier this year.

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