Auto Industry Spotlight: Tesla Model III

Tesla Model 3Details on the much talked about Tesla Model III are rolling in. After much anticipation some more information on this financially accessible electric vehicle from the legendary Tesla Motors. Here is a round up as part of our Auto Industry Spotlight: Tesla Model III.

On first look, the Tesla Model III is breathtaking. Tesla’s new all electric premium sedan features a streamlined smooth design with rounded corners everywhere and is breaking the mold by removing the cosmetic only grill seen in other Tesla models. The Tesla Model III debut model also sports big flashy wheels and a hot red color bound to get attention. They also showcased a more conservative sliver color.

Starting at $35,000, the Tesla Model III is the only electric vehicle in this class to provide this level of performance. It is decidedly fast (though predictably not quite as quick as its luxury older brothers) and boasts an EPA range of 215 miles. The company advertises a zero to sixty in under six seconds, which should make taking your kids to soccer practice a lot more fun. The relatively low cost is due to the company’s “Gigafactory,” a massive factory located in Nevada that will be pumping out more lithium ion batteries than ever factory in the world combined. A major factor in the cost of quality electric vehicles has always been tied to the high cost of lithium ion batteries.

As the Tesla Model III is designed to be an everyday consumer sedan, it is also putting safety first. Tesla promises the Model III will attain the highest safety rating in every category. This is a big promise and if Tesla can deliver it could really shake up the mid-range sedan market. It can also comfortably sit five passengers and appears to be a lot more fun than your average mini-van. The company has not disclosed too many details about their “autopilot hardware” (guesses are it could be similar to Google’s highly publicized self-driving car) though we could be getting a lot closer to a self driving car, though given how much fun this things looks like to drive, this could be a potential downside!

Conclusion

So whether you are interested in a Tesla Model III for the environmental benefits, the costs of fuel saving, the novelty, the speed, the design, or the safety benefits; you are likely pretty happy right now. For your sake and that of Tesla Motors, hopefully your excitement will continue because the Tesla Model III will not be available until some time in 2017. To keep you interested Tesla is letting you reserve one for only $1,000 in cash now. So keep your fingers crossed, your wallets ready, and your foot on the gas… or should we say battery?

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