Tesla Model 3: Prices, specs and 2017 release date- Will there be enough to Meet Preorders?

Nov 24, 2016 10:30 AM EST | Leonora

Tesla Model 3 made an impressive record for preorders many months before it hits the market on the early part of 2017 with more than 373 orders.

Americans who eagerly anticipate driving this car did not hesitate to make a down payment just to make sure that they will be able to drive one soon. People waiting for Tesla Model 3 happily made a deposit of $1000 to ascertain that they will get one of the 200,000 Tesla model 3 cars slated to hit the market on 2017.

With a starting price of $35,000, car enthusiasts made a run for it. However, according to Elon Musk, Tesla chief executive, with addition of someoptions, the price can easily reach the price of $42,00. 

Unlike other companies that give out all details about their latest project, Tesla dangles these details to the public bit by bit. Information about Tesla Model 3 will be announced in three phases. Phase 1 and Phase 2 were done with and it is expected that Phase 3 will include the final release date.

Tesla Model 3 car will have a self-driving hardware, with optimized Tesla Autopilot software. It can be put in Camper Mode, which will allow the rear seats to be folded flat. With the car as silent as any electric cars, passengers can have a restful sleep while it takes them to their destination.

Those who saw its unveiling stated that everything looked futuristic. Despite the vague statements by Musk, there are even speculations that itmight be patterned from the interior of spaceship. .

The Model 3 has a power range of 215 miles per charge, making it unnecessary to make stops to recharge during long trips.

In terms of practicality, the car's boot opening will be made larger to address complaints received from customers who have bought the older model.

The car will make use of self-driving technology with the necessary hardware requirement.

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