Electric car maker Tesla has rolled out its new Model 3 vehicle – the company’s cheapest car to date.<\/p>\n
The first 30 customers – most of them employees of the company – received their cars on Friday.<\/p>\n
Chief executive Elon Musk said the Model 3 was the “best car for its cost, either electric or gasoline”.<\/p>\n
Prices start at $35,000 (\u00a326,650), which the firm hopes will bring mass market interest.<\/p>\n
The price is still higher than that of rival electric car the Nissan Leaf, which starts at $30,680, or the hybrid Chevrolet Volt, which goes for $34,095.<\/p>\n
Past Tesla models, the “S” and “X”, had a starting price of $80,000, putting them beyond the means of many.<\/p>\n
The company aims to produce 5,000 units of the Model 3 a week in 2017, and 10,000 a week by 2018. Buyers ordering now are being told to expect delivery late next year.<\/p>\n
More than half a million customers have already placed deposits.<\/p>\n
If Tesla can successfully produce and sell that many cars a year, it will outperform BMW, Mercedes, and Lexus in the US.<\/p>\n
–<\/p>\n
Source: BBC<\/p>\n","protected":false},"excerpt":{"rendered":"
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