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Tesla To Hold 2 Launch Events This Month


ibtimes-articleThe following is an excerpt from RISHABH JAIN | October 10, 2016 | ibtimes.com |

It's going to be a busy month for Tesla. CEO Elon Musk tweeted Sunday that a product “unexpected by most” will be launching Oct. 17, followed by Tesla/SolarCity launch on Oct. 28 in San Francisco Bay.

The company has many highly anticipated launches in tow. It is being speculated that the product being launched on Oct. 17 is the Tesla Model 3.

The Tesla Model 3 was unveiled in March this year. Musk mentioned at the Code Conference in June 2016 that there will be another Model 3 event toward the end of the year.

The Model 3 is being touted as Tesla’s electric car for the masses, priced at $35,000. The car seats 5 people, can travel 215 miles on a single charge and goes from 0-60 mph in six seconds. It is fitted with Superchargers, which deliver 170 miles on a 30-minute charge along with the company’s Autopilot 3 self-driving feature.

Deliveries for the Model 3 will begin in late 2017 for the U.S. market and in 2018 for other markets, including Australia. Orders for the car have been limited to maximum two per person. It has already passed 130,000 pre-orders.

Prospective customers can still reserve the car on the Tesla Model 3 official site on a deposit of $1,000.

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