Tesla About To Make An Affordable Electric Car

 Electric Cars  

Tesla's new Model III is set to be unveiled in 2016 and on sale by 2017. It's most likely to be based on an all-new platform rather than a cut-down version of the one underpinning the Model S and Model X.

Tesla founder and CEO Elon Musk has told the publication Auto Express about plans for a new electric BMW 3 Series rival, including its name – Tesla Model III.  The electric vehicle is slated to be priced at an attainable $35,000 USD, much lower than Tesla's other models.

The company later confirmed the report on Twitter.

Confirmed: Our Gen III car, due out after Model X, will be named Model 3. http://t.co/PLhUzycSlp pic.twitter.com/noZf17LXre
— Tesla Motors (@TeslaMotors) July 16, 2014

The rumors were that a new smaller Tesla Gen III model was to be called Model E, but Musk revealed why he had to have a rethink on the name.

“We had the model S for sedan and X for crossover SUV, then a friend asked what we were going to call the third car,” Musk told us. “So I said we had the model S and X, we might as well have the E.

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“We were going to call it model E for a while and then Ford sued us saying it wanted to use the Model E – I thought this is crazy, Ford’s trying to kill sex! So we’ll have to think of another name.

“The new model is going to be called Model 3, we’ll have three bars to represent it and it’ll be S III X!”

Gizmodo writer Robert Sorokanich has called the Model III, potentially "the most important electric car ever."  The vehicle will make use of the Supercharger Network, the growing grid of charging stations Tesla is building throughout North America, and be a prime user of the massive new battery production plant the company is also building.


SOURCE  Auto Express

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