Tesla Model 3: A $35,000 Game Changer?

Tesla Model S

In 2017, $35,000 might buy you a really nice 2014 or 2015 Audi A6 or a beautiful pre-owned BMW 5 Series.

However, come 2017, the world of buying a luxury car could be very different than it is today. Keep in mind, 2017 is less than two and a half years away, and there usually isn’t a lot of change in such a short amount of time. The 2012 cars on the road today aren’t all that different from 2014 models.

Tesla, though, thinks it can usher in an era of electric driving that we’ve never seen before with its forthcoming $35,000 2017 Tesla Model 3.

The first requirement for creating a $35,000 Tesla is to build the batteries that will provide its power. That will be done at Tesla’s new Gigafactory, set to begin construction in Nevada pending approval of a tax package there. If built, the factory would produce enough batteries for 500,000 Tesla cars per year.

Considering the fact that new Honda Accords can approach $35,000, it’s big news that Tesla plans a sedan in that price range. According to Forbes:

The Model 3 is technically Tesla’s fourth car, scheduled to hit the market after the Model X. The X is a seven passenger “crossover” vehicle. The vehicle is rumored to have a range of less than 306 miles (the current range of the Model S). Earlier this year, Elon Musk spoke about the vehicle noting that it would be 20 percent smaller than the Model S, with a shorter range.

If news of an entry-level Tesla isn’t enough, there are also rumors that the car will be at least semi-autonomous. Could a partially self-driving $35,000 Tesla actually come to market for 2017? It seems like a long shot, but Tesla always seems to deliver on what it promises.

Car shoppers in the very near future might have a tough choice to make: a $35,000 new Tesla Model 3 or a $35,000 used Audi A6. Your pick?

-tgriffith

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