Tesla Model 3 unveiling, reservations streamed live

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The Tesla Model 3, the first “green car” that will make a substantial impact on the automotive industry’s interest in a cleaner environment, will be available to reserve live at 7:30 p.m. PT on March 31. The live streaming of the unveiling will begin at 8:30 p.m.

The reservation process and debut of the vehicle, anticipated for months, will be available HERE.

Tesla suggests trying to log-in at least 15 before the debut time.

A reservation can be made online for $1,000. It can be refunded in the event of cancellation — or applied instead to the purchase of a Model S or Model X instead.

The Tesla Model 3 will cost $35,000 and will not be available until 2017.
The Tesla Model 3 will cost $35,000 and will not be available until 2017.

With its announcement, Tesla said it will give existing customers priority, but different geographic regions will be awarded different allotments of the new Tesla.

The Model 3 is predicted to achieve about 200 miles per charge.

Tesla will accept reservations throughout the rest of 2016, but Model 3 production won’t start until late 2017. Deliveries will begin in North America on the West Coast, and then move eastward.

According to Tesla, the price of the Model 3 will begin at $35,000.

In the U.S., an early Model 3 delivery could mean the difference between getting a $7,500 Federal tax credit, and missing out. The first 200,000 new Tesla Model 3s sold will qualify a $7,500 federal tax credit. Tesla has already sold an estimated 50,000 to 60,000 cars as of December 2015.

The new Tesla will be a standard 4-door sedan but slightly smaller than the Model S, and there’s been plenty of  “insider” discussion of a future SUV body style.

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