TeslaModel3
John Mahoney17 Mar 2016
NEWS

Tesla teases Model 3

Pure-electric BMW 3 Series rival to be unveiled March 31, will have 320km range and be priced from $50,000

Tesla has used social media sites like Twitter to announce it will unveil its mid-size Model 3 sedan on March 31.

Confirmed to be unveiled at a VIP event at the US car-maker’s design studio in Hawthorne, California, the presentation will be live-streamed on YouTube.

The small Model 3 is set to be Tesla’s breakthrough vehicle.

Likely to sit on an all-new small-car platform, the 3 will adopt the same lithium-ion battery cells and motor tech as the Model S and X, although detuned to make sure the smaller car does not outperform its more expensive siblings.

Expect both rear-wheel drive and a dual-motor all-wheel drive versions to be offered.

In any case, the Model 3 should reach 100km/h from standstill in less than four seconds and top out at 250km/h.

Driving range will be at least 320km.

Tesla says it needs to sell 35,000 a year for the 3 to be profitable.

Pricing in the US will be around $US35,000, which is around $50,000 in our money.

Tesla hopes to sell more than 100,000 cars annually by 2020.

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Written byJohn Mahoney
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