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September 2, 2015 10:21 pm GMT

Tesla Model 3 preorders to begin March 2016, production in 2 years

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The luxurious Model S sedan and Model X crossover helped start the conversation around Tesla, but the $35,000 Model 3 hopes to be the car that brings electric vehicles to the mass market.

In a series of tweets Wednesday, Tesla Motors CEO Elon Musk announced that preorders for the Model 3 would begin in March 2016, with production starting in two years. Musk said that Tesla's Gigafactory must be operational for Model 3 production.

See also: The top-of-the-line Tesla Model X will cost you $132,000

This news confirms previous reports that Tesla would unveil the Model 3 in March 2016, though it doesn't necessarily mean that this timeline would be followed strictly. The Model X SUV was initially supposed to launch in 2013 after a February 2012 debut, but the first preorder customers were only able to configure their cars Tuesday. Read more...

More about Tech, Transportation, Travel Leisure, and Tesla Motors

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/dqv78Ys6niI/

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