In 6 months Tesla will start taking pre-orders for $35K model 3 with deliveries starting about 2017

The Tesla model 3 cost of $35,000 was reconfirmed by Tesla Motors.

Tesla is well known for unveiling its cars well before they are available to buy. However the lower cost Tesla model 3 will not be available until 2017 at the very earliest.

Telsa will start taking pre-orders for model 3 starting March, 2016.

The batteries that would power the Model 3 currently cost about as much as the car is slated to. Tesla is building an enormous lithium-ion battery manufacturing facility in Nevada to make its own batteries for far less money — the “Gigafactory” mentioned in Musk’s tweet.

SOURCES – CNBC