Tesla Model 3
The Tesla Model 3 is quite an interesting vehicle for the company. While it was made to be all-electric like the others, the design made it look like what one might find at any dealership. This is an executive sedan that launched in mid-2017 on a limited production. There are two versions of the Model 3. The first is capable of reaching 272 miles on a single charge. Meanwhile, the slightly more expensive “Long Range” version could reach 358 miles on a single charge. The Model 3 also contains full self-driving hardware, with periodic software updates that add functionality. Before the Model 3 came out, one issue plagued Tesla Motors. Their cars were expensive.
That made it harder to purchase them for the average person. That’s why the Model 3 was reduced in price compared to previous Tesla vehicles. In fact, the company marketed it as “affordable.” Today, a rear-wheel drive version will cost you around $40,000 while the AWD is a little over $56,000. This plan by Tesla, Inc. worked out well for them too. By 2020, the Model 3 became the best-selling electric car in history. By 2021, Tesla sold 1 million Model 3 vehicles. The planning for the Model 3 goes back several years, with Franz von Holzhausen operating as Design Chief. Franz wanted to make the design come off like an Audi A4 or BMW 3 series type of vehicle. He managed to do this, and it was 20% smaller than the Model S too!