Tesla reveals its next electric car will be called Model 3, which should retail for $35,000 in 2017

Jul16

by Sindy Cator on July 16, 2014 at 2:05 am

Posted In: Around the Web, Electric car, Electric vehicle, Insider

Tesla has revealed that its next-generation electric car will be named Model 3, which is set to be unveiled publicly in 2016 and go on sale some time in 2017. Confirmed: Our Gen III car, due out after Model X, will be named Model 3. http://t.co/PLhUzycSlp pic.twitter.com/noZf17LXre — Tesla Motors (@TeslaMotors) July 16, 2014 Tesla founder and CEO Elon Musk told Auto Express in an interview that the new vehicle will rival the BMW 3 Series. Though Musk wanted to name the car ‘Model E’ at first, his plans were derailed when Ford threatened to sue it, saying it wanted to…