Tesla Model 3 to go into production in 2017: CEO Musk
The Tesla logo of a parked vehicle is pictured as people wait in line near a Tesla Motors store to place deposits on the electric car company's mid-priced Model 3 which is expected to cost around $35,000 in Pasadena, California, March 31, 2016. REUTERS/Ma
Get Alerts TSLA Hot Sheet
Join SI Premium – FREE
HAWTHORNE, California (Reuters) - Tesla Motors (NASDAQ: TSLA) gave a sneak preview Thursday of its $35,000 electric car that is critical to the Silicon Valley auto maker's growth plans and soaring stock value.
Chief Executive Elon Musk said the model 3, with a minimum range of 215 miles per charge, would go into production in 2017.
Musk said 115,000 pre-orders had already been taken for the car.
(Reporting by Alexandria Sage, Editing by Clarence Fernandez)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Morgan Stanley Reiterates Equalweight Rating on Tesla (TSLA)
- Active options: TSLA NVDA INTC MU AAPL ORCL SPCX AMD IREN AVGO
- Active options: TSLA NVDA META MU AMD SPCX GOOGL INTC AMZN AAPL NOK
Create E-mail Alert Related Categories
ReutersRelated Entities
TeslaSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share