Tesla Model 3 News

By Brad Berman ·
May 25, 2017

One Week Before Unveiling, Tesla Model 3 Specs Are Revealed

With one week to go before Tesla unveils a production version of the Tesla Model 3, more details are emerging about the company’s upcoming $35,000 EV. The unveiling will take place at a VIP event at Tesla’s Fremont factory on June 2 and 3. Regarding performance, we now know via leaked internal company documents that the Model 3 will accelerate to 60 mph in a brisk 5.6 seconds—right in line with the 75-kWh version of the Model S.

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By Brad Berman ·
April 27, 2017

Tesla Prepares for Model 3 With Expanded Charging and Service

Tesla announced this week that it plans to double its charging network by the end of 2017. It will add new locations in city centers while expanding existing highway sites so drivers don’t have to wait for access to a charger. The company said that it’s taking these steps to prepare for sales of the Model 3, its first mass-market car.

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By Brad Berman ·
April 12, 2017

The Chevy Bolt Rolls Out Nationwide with a $329 Monthly Lease

Starting on April 1, GM began offering a national lease on the entry-level LT trim of the Chevy Bolt EV—starting at $329 for 36 months with $3,809 due at signing. While the Bolt lease deal is attractive, there are other EVs offered with even more enticing lease prices. Meanwhile, the wait continues on the Tesla Model 3, which might prove to be significantly more expensive than the Bolt.

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By Brad Berman ·
March 08, 2017

Will the Tesla Model 3 Be On Time? Here’s What We Know

It’s been nearly a year since Tesla revealed the Tesla Model 3, its upcoming affordable small electric car. The company said it would begin Model 3 production by July and ramp up to producing 5,000 cars by the end of 2017. Eager shoppers on the Model 3 waiting list celebrated in late February when Tesla management said it was on track. “We're still in great shape,” said Tesla CFO Jason Wheeler, in an earnings call.

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By Brad Berman ·
June 10, 2016

Model 3 Owners Will Pay for Access to Tesla Superchargers

Elon Musk, Tesla's chief executive, announced at a shareholder meeting last week that Model 3 owners will be required to pay to access the company’s Supercharger network. For the Model 3 to succeed in the long run, Tesla needs to slice off as much starting cost from the car as possible without compromising the brand’s luxury credentials.

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By Brad Berman ·
April 21, 2016

Most Model 3 Buyers Will Not Get $7,500 Tax Credit

The response to the launch of the Tesla Model 3 earlier this month exceeded all expectations. Pre-orders are approaching 400,000 units. As a result, it’s likely that the vast majority of Model 3 buyers will not benefit from the $7,500 federal tax credit, which phases out after a manufacturer sells 200,000 electric cars.

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By Brad Berman ·
April 06, 2016

Tesla Reveals Model 3 and the Countdown Begins

The unveiling of the Tesla Model 3 last week was one of the most anticipated electric car events in many years. For about a decade, the affordable long-range Model 3 has been the lynchpin in Tesla’s plan to expand sales beyond the luxury car market.

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By Brad Berman ·
February 26, 2016

What to Expect from Tesla Model 3 Unveiling Next Month

In about a month, Tesla will show the world its pivotal Model 3 all-electric car. It’s the culmination of a decade of design and technology development—all focused on elevating Tesla from a maker of expensive niche luxury vehicles to a legitimate player in the mainstream auto industry.

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By Brad Berman ·
June 25, 2015

Tesla and GM Square Off on Race for 200-Mile EV

The once feverish news cycle for stories about electric cars has mostly subsided. But that’s starting to change with an emerging high-profile race for the first relatively affordable EV with 200 miles of driving range. The competition will pit old-school General Motors (and its Chevy Bolt) against iconoclastic Tesla (and the Model 3).

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By Brad Berman ·
May 08, 2015

Tesla Hints at “Late 2017” Production Date for $35k Model 3

Elon Musk, Tesla’s chief executive, was not very precise this week when he talked about production timing for the Model 3, the company’s planned $35,000 200-mile electric car. "We are hoping to show the Model 3 in March of next year,” said Musk. He quickly added, “Don’t super-hold me to that month. That’s our aspiration.” Production dates for the Tesla Model X have repeated been delayed.

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New to EVs? Start here

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