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Pre-Orders for Tesla’s Affordable (Under $50K) Model 3 Will Start in March 2016

Hot off of breaking the scoring system of Consumer Reports’ road test, Tesla is finally starting to put the wheels in motion for its highly-anticipated Model 3 sedan.

Because as great as the Model S P85D – the best car ever tested – is, the $170,000 CDN price tag makes it much more of an environmental novelty than practical set of wheels.

However, the Model 3 sedan will hit the market at around $46,000 CDN, with production expected to start in two years. That’s still a long time to wait, but Tesla CEO Elon Musk’s announcement that pre-orders will commence next March should ease your impatience a little.

The Model 3 will represent Tesla’s first foray into the automobile mass market and is still shrouded in secrecy. No one knows what it looks like, for one, and its primary source of energy is still in the works.

The Gigafactory referenced by Musk is Tesla’s mindblowing $5 billion lithium-ion battery plant in Nevada, arguably the coolest building in the world. It’s being constructed to lower the price of  batteries that will power the Model 3, as well as future Tesla vehicles and products like the Powerwall.

And probably those 4,000 satellites Musk’s SpaceX will send to space to beam Wi-Fi to the entire planet…possibly including your brand new Model 3.


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