Sitting on the floor of the library and poring over issues of Car and Driver is one of Connor Hoffman''s earliest memories. Choosing to attend the nation''s top-ranked journalism school at the University of Missouri and graduating with a magazine writing emphasis was all part of chasing his dream of writing for Car and Driver. When he''s not bragging about Mizzou having the best journalism program in the country, he''s probably on a rant about Toyota trucks.
The Tesla Model 3 is the first vehicle built on Tesla's third-generation platform. It aims to reduce the entry price for electric vehicles while not making any compromise on range and performance.The Model 3 starts at $35,000 in the US and deliveries to employees and company insiders began in mid 2017 - customer deliveries begin in late 2017.
As the most affordable EV in the Tesla’s current lineup, the Model 3 has become the best-selling electric vehicle in the world to date, and has helped pushed its creator over the top as the name to beat to the EV market. Below is a guide outlining everything you need to know about the Tesla Model 3 including its history, how much it costs to buy, and even what it’ll (roughly) cost to charge.
Even during the early success of Tesla’s Model S and Model X, CEO Elon Musk was publicly focused on the automaker''s goal of delivering an EV for $35,000 that more consumers could afford to drive.
That goal came to fruition in 2016, when Tesla officially announced its newModel 3 sedan, which debuted on the automaker’s third-generation platform now present on both the Model 3 and Model Y.
Some of the early speculation surrounding the Model 3 is quite funny to look back on. There’s a step into the time portal before the world set its eyes on Tesla’s cheapest model:
After receiving over 130,000 reservations in the first 24 hours,Tesla''s most affordable model began delivering to consumers in July 2017.
The Model 3 currently sits as the best-selling BEV on the planet, and continues its reign as Tesla’s top seller year after year.
The Model 3 currently comes in three separate trims: a single-motor RWD powertrain in the Standard Range Plus, and two dual motor, AWD trims in the Long Range and Performance versions.
These three variations increase in price respectively and can vary based on a number of add-ons, but more on that later. To begin, let’s focus on what each of these trims can get you in terms of performance and range.
The cheapest and most bare bones of Teslas is the Standard Range Plus Model 3 sedan. This single-motor, RWD trim comes with a 50 kWh battery and offers an estimated 263 miles of range, and a top speed of 140 mph. It can also travel 0-60 mph in 5.3 seconds.
The dual motor AWD Long Range Model 3 offers an estimated range of 353 miles, a top speed of 145 mph, and a 0-60 travel time of 4.2 seconds. This trim along with the Performance version comes with a larger 82 kWh battery.
Speaking of which, the dual motor Performance trim loses some mileage compared to the Long Range Model 3, offering an estimated range of 315 miles. However, where it lacks in range, it makes up for in speed, topping out at 162 mph and traveling 0-60 mph in 3.1 seconds (without rollout subtracted).
The Model 3 is by no means the fastest of Tesla’s current fleet (although it remains the cheapest option). That being said, this EV still offers sufficient speed for an electric sedan. Here are the top speeds for all three current trims of the Model 3:
This may seem like an odd question, but it’s one we come across a lot. The Standard Range Plus Model 3 weighs 3,582 lbs., while both the Long Range and Performance trims come in at 4,065 lbs.
The next question to arise is almost always, How much does this Tesla cost?
Prices vary depending on the trim, cosmetic customizations, and a number of add-ons. To give you the full perspective of what you might pay for a Tesla, we’re going to give you both the high and low end of each variation.
Note: All prices are accurate at the time of this posting and do no include any destination fees, taxes, or federal tax rebates. Let’s begin with the most affordable Model 3, the Standard Range Plus.
This trim starts at a purchase price of $44,990 with zero upgrades, and can go as high as $59,490. The latter price includes every top feature available such as red paint, white interior, 19-inch sport wheels, and full self- driving capabilities.
If you’re looking to drive the cheapest version of the cheapest Tesla, you may have to wait a bit. Tesla recently announced a six month delay on the Standard Range Model 3, now arriving in January of 2022.
The Long Range Model 3 starts at $50,990 and can reach a top end price of $65,490 with all the aforementioned add-ons.
Lastly, the Performance version of the Model 3 starts at $58,990 and reach a top end price of $71,990 including 20″ Überturbine wheels.
Prices vary in the Chinese market, but Tesla has recently lowered the Model 3 price in Asia. Conversely, prices in the US continue to rise alongside the Model Y for the 2022 model year.
Earlier this year, Electrek‘s own Michelle Lewis purchased her very first Tesla, and has documented the entire purchasing process, updating us every couple months following her Model 3 delivery.
Remember that goal mentioned above about delivering a $35,000 EV to the masses? Well, Tesla actually pulled it off, but only for a fleeting moment, likely to give Tesla the credit to say it had in fact hit the price point originally promised by Elon Musk.
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