“Model 3 reservations ($1,000 down) will be accepted in Tesla stores on March 31 and online April 1,” ~Elon Musk

Tesla’s Model 3 will finally be hit the streets soon. In fact the company’s cheapest electric car will be ready for preorder sooner than most had thought. It has been reported as well as confirmed by CEO Elon Musk that the Model 3 will cost just $25,000. That is of course after tax subsidies and incentives from state governments. Should you be in a state that does not offer you any tax subsidies and incentives the price of this Tesla will start at $35,000. Model 3 will be unveiled for the first time on March 31st according to a letter to shareholders from Tesla CEO Elon Musk. Then the real Iron Man Elon Musk confirmed how much it will cost to get one.

The Tesla Model 3 will not have a signature series. The is Model S and Model X both cars are the first one of the assembly lines. With the Model 3 there is no wait, preorders are going to be “global.” Even better is that the Tesla said that deliveries will begin in late 2017. That is right. Even though you can order one as soon as next month you’re still in for a very long wait.