3 things to know about the new Tesla

Posted at 12:08 PM, Mar 31, 2016
and last updated 2016-03-31 15:08:37-04

Car enthusiasts on the east coast may be tired at work on Friday.

That's because Tesla plans to roll out the much-anticipated Model 3 Thursday at its Los Angeles design studio at 8:30 p.m. PST.

That's 12:30 a.m. on the east coast.

According to a source who spoke on the condition of anonymity to Electrek, an insider website:

  • It looks like a smaller hybrid of the Model X and S.
  • It is a bit taller sedan with a unique front that looks more like a Model X than a Model S.
  • The car is shorter and narrower than either the model X or S but is described as “sexy and sporty”.

Though the new electric car doesn't go on sale until late next year, hundreds lined up to reserve one for a $1,000 deposit.  

Starting price for the Model 3 is $35,000 before federal and state government incentives.  The car is predicted to have a range of at least 200 miles when fully charged.