Tesla Model 3 release date, news & update: Buyers may have to wait till 2018

Tesla Model 3 is set to become one of the most noteworthy electronic vehicles in a number of ways. It’s set to become Tesla’s cheapest yet the most-popular car yet. The Model 3 will also be produced in much higher numbers than its predecessors to meet the already skyrocketing demand.

According to The Week, Tesla has set the Model 3 deliveries for late 2017. However, most will not be able to get their hands on the car until 2018 due to the long waiting list. The company has not made the prices official though it has hinted at a base price of £30,000 (AU$50,178 approx).

Buyers will have to pay extra for dual motor, Autopilot and Supercharger access. Tesla is planning to scale up production to 500,000 cars a year by 2018. According to Mobile & Apps, the Tesla Model 3 is smaller than the Model S from a design perspective. The third generation battery technology will be used in the car.

The battery is a lot denser than the previous ones and with the cooling system getting significantly improved, the battery is expected to make the Tesla Model 3 travel further with a single charge. Information on the electric car’s interiors is very less.

Reports suggest that the autopilot suite of autonomous driving aids. The base range of the Tesla Model 3 is expected to be 215 miles though it may go up to 250 miles with a larger battery. CEO Elon Musk had confirmed this earlier.

Tesla is growing its network of supercharger stations across Europe and US. This will allow Tesla Model 3 drivers quick and free top-ups on the go. In fact, this is important to make long, electric journeys a reality.

Tesla Model 3 owners may also be offered a “pay as you go” subscription to the stations. This will allow the owners to open an account for paying per kWh and not for a lifetime access.