Tesla has teased the availability of its upcoming Model 3, the more mainstream electric vehicle from the company, for release sometime in March 2016. Company CEO Elon Musk and real life Tony Stark said during his call with Tesla investors: "We are hoping to show the Model 3 in March of next year".
Production of the Model 3 vehicle will start in mid to late 2017, with "late 2017" being "more realistic" according to Musk. The price of the mainstream electric vehicle should be around $35,000 with around 200 miles per charge from the Model 3. The Model 3 will find a home below the Model S and Model X vehicles, with much higher ranges and high-end features.
Tesla Motors' Model 3 will be around 20% smaller than the Model S, with a considerable amount of faith behind the project as this will be Tesla's real shot at making electric vehicles enter the mainstream market.