Tesla Model 3 Launch Set Mar 31; Specs, Price & Pre-ordering - What You Need To Know

Tesla has confirmed it is releasing its newest vehicle on March 31 and the Tesla Model 3 will be selling at a more affordable price range. What can average buyers look forward to this vehicle? Below are some of the car's specs and pre-ordering details:

Tesla Model 3 Specs, Range and Design

Tesla is still quite secretive about the energy-efficient car's details, choosing only to share few information and hardly any images for the Model 3. However, the new vehicle is believed to last for up to 200 miles during one charging cycle, and it is not as full-featured as its predecessors, the Model S sedan and the Model X SUV.

Tesla Model 3 specs is also said to be a smaller car and can be comparable to the size of an Audi A4 or a BMW 3-Series sedan, Tech Times reports. However, Fortune reports the vehicle will be a lighter type of SUV and not an actual sedan.

Tesla Model 3 Price

Fortune also reports that the price for the Model 3 will fall below $35,000 after any tax incentives, which could mean that the energy vehicle's price might even go lower for $25,000. Families could even afford to fork $9,500 with the right number crunching, according to an analyst via Seeking Alpha. After all, this is the car that the company hopes will be more appealing to the mass market. 

Tesla Model 3 Pre-Order and Availability

Forbes reports that Tesla is gearing up for the vehicle's pre-ordering process especially with the release date drawing near. Reservations are going to be limited and an initial deposit for $1,000 might be required at Tesla stores. Handing down the deposit in cash and in person might also be more viable, but it is expected that the site's official site will have more accommodations for reservations by April 1.

Learn more about Tesla Model 3 in this video below:

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