Tesla Motors Inc. Chief Executive Elon Musk took to Twitter on
Wednesday to give a firmer deadline and price for the company’s
Model 3, the mass-market car that many expect is the electric-car
manufacturer’s make-it-or-break-it offering.
Tesla TSLA, +3.80% will be
ready to take Model 3 preorders in March 2016, and the car will
cost $35,000, Musk said:
In a tweet shortly before those about the Model 3, Musk also
appeared to be responding to some criticism about the $132,000
price tag for a fully loaded Model X, the SUV that Tesla will
start selling later this month.
Some of the first customers to preorder the Model X started configuring their SUVs this week,
and a few posted screenshots of their invitation-only web pages
providing more details about the car.
Musk also gave some new information about the Model X, revealing
that the first customers will receive their all-electric SUVs —
the second model fully designed and built by the company after the
Model S — on Sept. 29 at the company’s Fremont, Calif., factory.
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