Tesla’s budget car is finally on the way

Electric car maker Tesla says its keenly awaited Model 3 car for the masses will be completed on Friday. CEO Elon Musk made the announcement on Monday on Twitter. The car is to start at around $35,000 and with a $7,500 federal electric car tax credit, could cost $27,500. Tesla says the five-seat car will be able to go 215km on a single charge and will be sporty, accelerating from zero to 60mph in under six seconds.

In the UAE, reservations for the Model 3 can already be placed on Tesla’s website for a price of Dh4000.

Musk had said production was on track to start in July, but Tesla has often faced delays in getting vehicles to the market. The Palo Alto, California-based company aims to make 5,000 Model 3 sedans per week by the end of this year and 10,000 per week in 2018.

 

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