Tesla Model 3 - Week 16

So the topic on Tesla's hasn't ended yet. There's a brand new model coming out, the Model 3, which you can reserve starting March 31st, 2016 at 8:30pm. Its unveiling was on March 31st, 2016 at 7:30pm. It is the cheapest model yet at about $35K, compared to the Model S and X at about $70K - $145K. This new model is like a smaller version of the Model S. 

This car is a five-passenger sedan, which can go up to 215 miles per charge, goes from 0 - 60 in under six seconds, and has an autopilot safety feature. It has a supercharging capability, which means that it can use the charging stations, so you can can go on road trips wth no worries. The Model 3 is able to get about an 80 percent charge in less that 30 minutes. 

Tesla is planning on making 500,000 Model 3's a year, and production starts mid to end 2017. Because of this, they are building the largest lithium ion battery factory in the world (bigger than all the others combined). Elon Musk is planning on doubling the number of superchargers from 3,600 to 7,200 within the next year.