Tuesday, July 4, 2017

Tesla is about to release the Model 3

Tesla is planning to roll the first Model 3 off its production line this Friday. The Model 3 is an electric car with a 215-mile range and a price of $35,000. While this is two weeks earlier than initially planned, don't expect to be driving a Model 3 anytime soon. If you haven't pre-ordered a car yet, Tesla is estimating mid-2018 or later. My guess is much later since they are expecting to be making about 20,000 cars a month by December. Even if you have already put in an order for the car, they received 276,000 orders in the first two days after pre-orders opened last year.

So whats all the hype about this car?

Well, a huge factor is that it includes all the hardware for full self-driving capabilities, but who knows when they will finish the software for that. I think the biggest selling point is that they offer a lot of the features you expect from Tesla in their most affordable car yet. You get supercharging capabilities, lots of storage and a premium car feel. It will be interesting to see what the final specs of the car are upon release, but I have no doubt that they will give everything that people expect as usual.

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