Feb 27, 2017 09:20 AM EST
Tesla Model 3 News: Production And Deliveries Definitely On Schedule Despite Setbacks

The Tesla Model 3 is expected to be as luxurious as all other Tesla electric vehicles coming in an affordable and compact package. The electric vehicle is expected to be released this year and excitement for it just keeps on building up.

The Tesla Model 3 production, release, and other updates. Tesla vehicles are not really consumer-friendly vehicles the likes of Toyota models. So when the Model 3 was first unveiled as a concept car back in March 2016, it was warmly welcomed and got everyone excitedly waiting for it to hit production all thanks to the opportunity to own a Tesla car at a greatly reduced price. The Model 3 was so appealing that it was able to get more or less 400,000 pre-orders after it was revealed.

There isn't much known about the Model 3. The luxury electric vehicle manufacturer has only been giving teasers of what the public can and should expect.

To date, the only known details about the upcoming electric vehicle include its price tag of around US$35,000. Despite going through a few financial and production setbacks, it should be noted that Tesla will maintain that price tag when the Model 3 is released.

The Model 3 will be considered the cheapest four-door five-passenger electric vehicle from Tesla when released. However, Tesla has promised that Model 3 will be a high performer. CEO Elon Musk as stated that his company does not produce slow cars. It is expected that the vehicle, which is quite the looker, will be able to go as far as 215 miles on a single charge. It will also be able to go from 0 to 60 miles per hour in under 6 seconds. It will sport a spaceship-like steering wheel inside a generously enormous cabin that also houses 15-inch touchscreen monitor and other tech features such as the much talked about Autopilot.

Musk has mentioned that Tesla Model 3 production is on schedule. It will definitely go into production by July of this year. Tesla, in fact, started building prototypes earlier this month. The second half of the year will see deliveries of the Model 3 happening to start with the west coast.

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