Tesla to reveal cheaper car in March
September 3, 2015 04:09 pm
Tesla Motors says it will reveal its lower-cost Model 3 electric car in March.
In a tweet on Wednesday, Tesla CEO Elon Musk says the car will start at $US35,000 ($A49,779), or about half the starting price of its current Model S sedan.
The Model 3 will start production in about two years.
Musk also said deliveries of the Model X SUV - the company’s third vehicle - will begin on September 29.
Tesla wouldn’t reveal pricing details.
Musk said each trim level of the Model X will be around $5,000 more than the equivalent trim level of the Model S because of the SUV’s greater size and complexity.
AP
