Cars

Tesla Model 3: Model and company overview

Tesla Motors unveils the new lower-priced Model 3 sedan at the Tesla Motors design studio in Hawthorne, Calif., Thursday, March 31, 2016. It doesn't go on sale until late 2017, but in the first 24 hours that order banks were open, Tesla said it had more than 115,000 reservations. Long lines at Tesla stores, reminiscent of the crowds at Apple stores for early models of the iPhone, were reported from Hong Kong to Austin, Texas, to Washington, D.C. Buyers put down a $1,000 deposit to reserve the car.
Tesla Motors unveils the new lower-priced Model 3 sedan at the Tesla Motors design studio in Hawthorne, Calif., Thursday, March 31, 2016. It doesn't go on sale until late 2017, but in the first 24 hours that order banks were open, Tesla said it had more than 115,000 reservations. Long lines at Tesla stores, reminiscent of the crowds at Apple stores for early models of the iPhone, were reported from Hong Kong to Austin, Texas, to Washington, D.C. Buyers put down a $1,000 deposit to reserve the car. AP

The night of March 31, Tesla CEO Elon Musk unveiled the electric car company's first mass market vehicle, the Model 3. The Model 3 will cost $35,000 and have a range of roughly 215 miles per charge. Tesla indicated that more than 100,000 reservations had been placed for the Model 3 as of its unveiling.

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The following visualizations provide an overview of the Tesla Model 3 and the evolution of Tesla models, and highlight some key figures regarding Tesla.

 
 
 
 
 

 

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This story was originally published April 1, 2016 at 11:29 AM with the headline "Tesla Model 3: Model and company overview."

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