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According to CEO and Product Architect, Elon Musk, Tesla Model 3 will be open for orders and it is expected to start deliveries in July.
The new model 3 will be a dual motor sedan. It will have an electric model at the front axle. The extra motor will reduce the 0-60 time to 4.5 seconds. It is estimated to be priced at $78,000. However, buyers would need to spend additional money on the Auto-Pilot feature. It will go to 155 miles per hour.
Tesla Model 3
There will be no difference in the driving range of the dual-motor version and the current rear-motor version-310 miles. The model will have a Black and White interior and 20-inch performance wheels and carbon fiber spoilers.
Elon Musk compared the Model 3 with BMW M3. He says the model 3 will be similar to that of BMW M3 but, 15% quicker and with better handling. Interestingly, the car can drive on a single motor when needed.
Tesla has already received thousands of reservation requests. And taking into account the number of reservations already recorded, Tesla will have a backlog of 1 year of production. Tesla employees will be given priority in the reservation process.
New Standard of Assembly Line
There has been much talk about the assembly line for Model 3 as the car itself. It is nothing like the standard industry standard. And some would argue that it is not even an assembly line. Well, they have good reasons to argue that because the assembly line for Model 3 is nothing but a tent.
However, Elon Musk has a very different perspective on the assembly line. According to him, this assembly line has enabled a significant reduction in production cost.