The Tesla Model 3 will start at $35,000 in 2017. IT will be a smaller version of the Tesla S with similar distance and battery options. First Tesla will make the Model X SUV with gull wing doors due out later this year.
Tesla does not have any more details to share at this point. Their focus continues to be on Model S and preparing for the introduction of Model X.
Analysts contend that before Tesla can make a $35K car the price of the batteries will have be reduced by mass production. Analysts also estimate that by the time the Tesla 3 is available both GM and Nissan will offer 200 mile range EVs.
There is still some contention that EV batteries are not safe when in fact experts agree that EV batteries in commercially available vehicles in most cases are safer than gas-powered cars.