The following is an excerpt from Nour Al Ali | May 20, 2018 | Bloomberg.com |
Tesla Inc. Chief Executive Officer Elon Musk has revealed the specifications for two new versions of the Model 3, the car that is intended to be the company’s first high-volume vehicle.
The performance version, and a less expensive dual-motor, all-wheel-drive option for the company’s Model 3 sedan come as Musk faces pressure from investors to reform Tesla’s nine-member board in the wake of production delays for the model. Deliveries will begin in July, he said in tweets posted Sunday.
The performance Model 3 -- also dual-motor and all-wheel-drive -- will have a 310-mile range, and accelerate from a standstill to 60 miles per hour in 3.5 seconds. For $78,000 excluding an autopilot option, customers can push the vehicle to a top speed of 155 miles per hour, Musk said on Twitter.
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