Tesla will also begin accepting orders at its retail stores on March 31 and the online ordering banks will open up the next day.
2016 Tesla Model S
Enlarge PhotoTesla Motors' [NSDQ:TSLA] long-anticipated Model 3 electric carwill be formally shown on March 31 at an event in Los Angeles.
The electric car, which is supposed to check in at around $35,000 and boast a 200-mile range, is intended for a much wider audience than Tesla's more premium Model S and Model X.
While Tesla has largely been tight-lipped about the Model 3, we do knowthat it will go into productioneither late this year or early next year. That's more than a year later than Tesla originally estimated. Rumors indicate that it will look like a downsized version of the Model S.
The event will be held near L.A.'s International Airport in the evening (local time), according to invites posted to the(via. Few other details have been released.
It's not clear just how much of the Model 3 will be revealed. CEO Elon Musk has said that most details about the car will be kept secret until it draws closer to the on-sale date.
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