Official Pricing Announced

MelindaV

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#1
Tesla has released the pricing for the Model 3 (at least the majority of it) in press release on their Presskit page on their website. Still outstanding is the pricing for the Dual motor option that is expected next year.

below is the full release, with the pricing sections marked in red

Model 3


Model 3 is a smaller, simpler and a more affordable electric car. Designed and built as the world’s first mass-market electric vehicle, it is a critical step in Tesla’s mission to accelerate the world’s transition to sustainable energy.
Like every Tesla vehicle, Model 3 combines range, performance, safety and technology. Intelligent design maximizes interior space to comfortably fit five adults and all of their gear. The high-efficiency powertrain provides zero to 60 mph acceleration in as little as 5.1 seconds.
Model 3 is designed to achieve the highest safety ratings in every category. Combined with 220* to 310 miles of range and a starting price of $35,000 before incentives, Model 3 is Tesla’s most affordable vehicle yet.
Model 3 is currently in production, and deliveries to employee reservation holders began on July 28, 2017 at the Tesla Factory in Fremont, CA. Reservations for Model 3 first opened on March 31, 2016 and remain available today.
* EPA estimated range

STANDARD EQUIPMENT

Price - $35,000
Standard Battery
  • Range: 220 miles (EPA estimated)
  • Supercharging rate: 130 miles of range per 30 minutes
  • Home charging rate: 30 miles of range per hour (240V outlet, 32A)
  • Deliveries begin: Fall 2017
Performance
  • 0-60 mph: 5.6 seconds
  • Top speed: 130 mph
Interior
  • 15” touchscreen display
  • Dual zone climate control system
  • FM/Internet streaming radio
  • Textile seating
  • Front center console with open storage and two USB ports
Convenience
  • Onboard maps and navigation
  • Wi-Fi and LTE internet connectivity
  • Keyless entry and remote climate control using the Tesla app
  • Voice activated controls
  • Bluetooth hands-free calling and media streaming
  • 60/40 split folding rear seat to maximize cargo options
  • Back-up camera
  • Auto dimming rear-view mirror
  • One-touch power windows throughout
  • Power-adjustable side mirrors
  • 12-volt power outlet
Safety
  • Full LED exterior lighting
  • Eight cameras, forward radar and twelve ultrasonic sensors enabling active safety technologies including collision avoidance and automatic emergency braking
  • Six front row and two side curtain airbags
  • Three-point safety belts with belt-reminders for driver and four passengers
  • Two LATCH (Lower Anchors and Tethers for Children) attachments in second row
  • Electronic stability and traction control
  • Four-wheel antilock disc brakes with electronic parking brake
  • Child safety locks
  • Anti-theft alarm system
  • Tire pressure monitoring system
Warranty
  • Vehicle: 4 year, 50,000 mile limited warranty
  • Battery warranty: 8 year, 100,000 mile (120,000 mile with Long Range Battery)
OPTIONS

Long Range Battery - $9,000
  • Range: 310 miles
  • Supercharging rate: 170 miles of range per 30 minutes
  • Home charging rate: 37 miles of range per hour (240V outlet, 40A)
  • 0-60 mph: 5.1 seconds
  • Top speed: 140 mph
  • Deliveries begin: July 2017
Paint
  • Solid Black: Standard
  • Midnight Silver Metallic: $1,000
  • Deep Blue Metallic: $1,000
  • Silver Metallic: $1,000
  • Pearl White Multi-Coat: $1,000
  • Red Multi-Coat: $1,000
Wheels
  • 18” Aero: Standard
  • 19” Sport: $1,500
Premium Upgrades Package - $5,000
Upgraded interior with additional features and premium materials.

  • Premium heated seating and cabin materials throughout, including open pore wood décor and two rear USBs
  • 12-way, power adjustable front seats, steering column and side mirrors, with custom driver profiles
  • Premium audio system with more power, tweeters, surround speakers and subwoofer
  • Tinted glass roof with ultraviolet and infrared protection
  • Auto dimming, power folding, heated side mirrors
  • LED fog lamps
  • Center console with covered storage and docking for two smartphones
Enhanced Autopilot - $5,000
Model 3 will match speed to traffic conditions, keep within a lane, automatically change lanes, transition from one freeway to another, exit the freeway and self-park at your destination.

Additional features will roll out over time through software updates.
Full Self-Driving Capability - $3,000 (requires Enhanced Autopilot)
In the future, Model 3 will be capable of conducting trips with no action required by the person in the driver’s seat.

This feature is dependent upon extensive software validation and regulatory approval, which may vary by jurisdiction.
VEHICLE SPECIFICATIONS

Dimensions & Weight
  • Length: 184.8”
  • Width: 72.8” (76.1” with mirrors folded)
  • Height: 56.8”
  • Wheelbase: 113.2”
  • Track (wheel center): 62.2” front and rear
  • Ground clearance: 5.5”
  • Head room, standard: 39.6” front row, 37.7” second row
  • Head room, glass roof: 40.3” front row, 37.7” second row
  • Leg room: 42.7” front row, 35.2” second row
  • Shoulder room: 56.3” front row, 54.0” second row
  • Hip room: 53.4” front row, 52.4” second row
  • Seating capacity: 5 adults
  • Luggage capacity: 15 cubic feet
  • Curb weight:
    • 3549 lbs. (Model 3)
    • 3814 lbs. (Model 3 Long Range)
  • Weight distribution:
    • 47% front, 53% rear (Model 3)
    • 48% front, 52% rear (Model 3 Long Range)
Body
  • Hybrid steel/aluminum body
  • Drag coefficient of 0.23
Chassis
  • Double wishbone, virtual steer axis front suspension with coil over twin-tube shock absorbers and stabilizer bar
  • Independent multi-link rear suspension with twin-tube shock absorbers and stabilizer bar
  • Variable ratio, speed sensitive electronic power steering
  • Electromechanically boosted four wheel anti-lock disc brakes with electronic brake force distribution
  • 18” Aero or 19” Sport wheels with all-season tires
Standard Accessories
  • 240 volt NEMA 14-50 adapter
  • 120 volt NEMA 5-15 adapter
  • J1772 public charging adapter
  • 20 foot mobile connector with storage bag
 
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#5
Melinda thanks for the pricing post. Based on Model S and X purchase policy, I'm wondering if the full self driving can be purchased at a later date for the $3,000 upgrade price given that there will be numerous hurdles before its actual release and approval by various government entities. I have a hard time justifying the expense if I couldn't use it for 3,4,5 yrs or longer down the road.
 

garsh

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#6
Based on Model S and X purchase policy, I'm wondering if the full self driving can be purchased at a later date for the $3,000 upgrade price given that there will be numerous hurdles before its actual release and approval by various government entities.
For the S & X, it costs $4000 if bought after vehicle purchase. I would expect the same for the 3.
 
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#8
Tesla has released the pricing for the Model 3 (at least the majority of it) in press release on their Presskit page on their website. Still outstanding is the pricing for the Dual motor option that is expected next year.

below is the full release, with the pricing sections marked in red

Model 3


Model 3 is a smaller, simpler and a more affordable electric car. Designed and built as the world’s first mass-market electric vehicle, it is a critical step in Tesla’s mission to accelerate the world’s transition to sustainable energy.
Like every Tesla vehicle, Model 3 combines range, performance, safety and technology. Intelligent design maximizes interior space to comfortably fit five adults and all of their gear. The high-efficiency powertrain provides zero to 60 mph acceleration in as little as 5.1 seconds.
Model 3 is designed to achieve the highest safety ratings in every category. Combined with 220* to 310 miles of range and a starting price of $35,000 before incentives, Model 3 is Tesla’s most affordable vehicle yet.
Model 3 is currently in production, and deliveries to employee reservation holders began on July 28, 2017 at the Tesla Factory in Fremont, CA. Reservations for Model 3 first opened on March 31, 2016 and remain available today.
* EPA estimated range

STANDARD EQUIPMENT

Price - $35,000
Standard Battery
  • Range: 220 miles (EPA estimated)
  • Supercharging rate: 130 miles of range per 30 minutes
  • Home charging rate: 30 miles of range per hour (240V outlet, 32A)
  • Deliveries begin: Fall 2017
Performance
  • 0-60 mph: 5.6 seconds
  • Top speed: 130 mph
Interior
  • 15” touchscreen display
  • Dual zone climate control system
  • FM/Internet streaming radio
  • Textile seating
  • Front center console with open storage and two USB ports
Convenience
  • Onboard maps and navigation
  • Wi-Fi and LTE internet connectivity
  • Keyless entry and remote climate control using the Tesla app
  • Voice activated controls
  • Bluetooth hands-free calling and media streaming
  • 60/40 split folding rear seat to maximize cargo options
  • Back-up camera
  • Auto dimming rear-view mirror
  • One-touch power windows throughout
  • Power-adjustable side mirrors
  • 12-volt power outlet
Safety
  • Full LED exterior lighting
  • Eight cameras, forward radar and twelve ultrasonic sensors enabling active safety technologies including collision avoidance and automatic emergency braking
  • Six front row and two side curtain airbags
  • Three-point safety belts with belt-reminders for driver and four passengers
  • Two LATCH (Lower Anchors and Tethers for Children) attachments in second row
  • Electronic stability and traction control
  • Four-wheel antilock disc brakes with electronic parking brake
  • Child safety locks
  • Anti-theft alarm system
  • Tire pressure monitoring system
Warranty
  • Vehicle: 4 year, 50,000 mile limited warranty
  • Battery warranty: 8 year, 100,000 mile (120,000 mile with Long Range Battery)
OPTIONS

Long Range Battery - $9,000
  • Range: 310 miles
  • Supercharging rate: 170 miles of range per 30 minutes
  • Home charging rate: 37 miles of range per hour (240V outlet, 40A)
  • 0-60 mph: 5.1 seconds
  • Top speed: 140 mph
  • Deliveries begin: July 2017
Paint
  • Solid Black: Standard
  • Midnight Silver Metallic: $1,000
  • Deep Blue Metallic: $1,000
  • Silver Metallic: $1,000
  • Pearl White Multi-Coat: $1,000
  • Red Multi-Coat: $1,000
Wheels
  • 18” Aero: Standard
  • 19” Sport: $1,500
Premium Upgrades Package - $5,000
Upgraded interior with additional features and premium materials.

  • Premium heated seating and cabin materials throughout, including open pore wood décor and two rear USBs
  • 12-way, power adjustable front seats, steering column and side mirrors, with custom driver profiles
  • Premium audio system with more power, tweeters, surround speakers and subwoofer
  • Tinted glass roof with ultraviolet and infrared protection
  • Auto dimming, power folding, heated side mirrors
  • LED fog lamps
  • Center console with covered storage and docking for two smartphones
Enhanced Autopilot - $5,000
Model 3 will match speed to traffic conditions, keep within a lane, automatically change lanes, transition from one freeway to another, exit the freeway and self-park at your destination.

Additional features will roll out over time through software updates.
Full Self-Driving Capability - $3,000 (requires Enhanced Autopilot)
In the future, Model 3 will be capable of conducting trips with no action required by the person in the driver’s seat.

This feature is dependent upon extensive software validation and regulatory approval, which may vary by jurisdiction.
VEHICLE SPECIFICATIONS

Dimensions & Weight
  • Length: 184.8”
  • Width: 72.8” (76.1” with mirrors folded)
  • Height: 56.8”
  • Wheelbase: 113.2”
  • Track (wheel center): 62.2” front and rear
  • Ground clearance: 5.5”
  • Head room, standard: 39.6” front row, 37.7” second row
  • Head room, glass roof: 40.3” front row, 37.7” second row
  • Leg room: 42.7” front row, 35.2” second row
  • Shoulder room: 56.3” front row, 54.0” second row
  • Hip room: 53.4” front row, 52.4” second row
  • Seating capacity: 5 adults
  • Luggage capacity: 15 cubic feet
  • Curb weight:
    • 3549 lbs. (Model 3)
    • 3814 lbs. (Model 3 Long Range)
  • Weight distribution:
    • 47% front, 53% rear (Model 3)
    • 48% front, 52% rear (Model 3 Long Range)
Body
  • Hybrid steel/aluminum body
  • Drag coefficient of 0.23
Chassis
  • Double wishbone, virtual steer axis front suspension with coil over twin-tube shock absorbers and stabilizer bar
  • Independent multi-link rear suspension with twin-tube shock absorbers and stabilizer bar
  • Variable ratio, speed sensitive electronic power steering
  • Electromechanically boosted four wheel anti-lock disc brakes with electronic brake force distribution
  • 18” Aero or 19” Sport wheels with all-season tires
Standard Accessories
  • 240 volt NEMA 14-50 adapter
  • 120 volt NEMA 5-15 adapter
  • J1772 public charging adapter
  • 20 foot mobile connector with storage bag
I bailed today. Will look into preowned S.
 

SoFlaModel3

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#10
I bailed today. Will look into preowned S.
Just for my own curiosity why? I would take the Model 3 over any used Model S at a similar price (my opinion of course). To get a Model S under $50k it's going to have a ton of miles and old hardware on it.
 

SoFlaModel3

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#12
Is there a basic cruise control if you do not purchase the "Advance Autopilot" ? I can not see paying $ 5000.00 in adition to the $5000.00 for "premium" upgrade plus $ 1000. for colors for a total of $55,000.00 !!! I may have to consider a Chevy Bolt at that price.
The Chevy Bolt only compares to the Model 3 because it's also electric. The Model 3 is targeted at BMW 3 series, Mercedes C Class, and Audi A4 customers.

That said, you'd move from Model 3 to Bolt over cruise control?
 

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#13
No, but I have test driven a Bolt. It is a great car with some features that the Tesla does not have such as the regenerative breaking padel control, lift back hatch with more usable storage space. I do think the Tesla would be best for longer road trips with the Super charger network. I am now waiting to test drive a Tesla model 3 and waiting to see if I can perchase Tesla before tax credit runs out. My expected Tesla delivery date is Jan to March 2018 (March 31,2016 reservation, east coast NC)
 

SoFlaModel3

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#14
No, but I have test driven a Bolt. It is a great car with some features that the Tesla does not have such as the regenerative breaking padel control, lift back hatch with more usable storage space. I do think the Tesla would be best for longer road trips with the Super charger network. I am now waiting to test drive a Tesla model 3 and waiting to see if I can perchase Tesla before tax credit runs out. My expected Tesla delivery date is Jan to March 2018 (March 31,2016 reservation, east coast NC)
You are potentially right on the cusp of the $7,500. What's most interesting is if you will be ordering before you see he car. If you delayed placing your order you could fall back further.
 

MichelT3

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#16
No, but I have test driven a Bolt. It is a great car with some features that the Tesla does not have such as the regenerative breaking padel control, lift back hatch with more usable storage space. I do think the Tesla would be best for longer road trips with the Super charger network. I am now waiting to test drive a Tesla model 3 and waiting to see if I can perchase Tesla before tax credit runs out. My expected Tesla delivery date is Jan to March 2018 (March 31,2016 reservation, east coast NC)
AFAIK Cruise Control is part of the basic configuration.

Tesla informed us on Friday that reaching 200K cars is now foreseen for end 1Q18 or beginning 2Q18. If Tesla 'does the right thing' as promised, they will move reaching that threshold to beginning 2Q18. Which means that US buyers can apply for the full $ 7500 till the end of 2018 (2 quarters after the quarter in which 200k is reached). Only then in 2019 the tax benefit will be slowly decreased.

I believe that this is the reason why all international deliveries are pushed back to 2019. Including Canada and Europe. Disappointing as it is for some of these early reservationists.
Only if ramp up is successful and the 200k are already reached end of 1Q2018, maybe some international (probably Canadian) reservationists will be given an opportunity to order sooner (what counts is the US sales).

Why do I know this as EU citizen and why do US reservationists keep staying confused / ignorant????
It no rocket science!
 
Last edited:

garsh

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#17
Why do I know this and why do US reservation keep staying confused / ignorant????
It no rocket science!
You know this because you've been hanging out here too long. ;)

Americans still seem confused to you because we're seeing a HUGE influx of new people, and they haven't investigated this stuff to death like we have.
 

MichelT3

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#18
You know this because you've been hanging out here too long. ;)

Americans still seem confused to you because we're seeing a HUGE influx of new people, and they haven't investigated this stuff to death like we have.
Yeah, probably.
But not taking time to look thinks up and start spouting unfounded opinions is no excuse. (Don't intend to offend anyone by this, just stating facts.)

Maybe other reason is because 'haters' see this as a good subject to cause confusion about, or even blacken Tesla.
Fossils have no danger in reaching 200K BEV's.
 

SoFlaModel3

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#19
AFAIK Cruise Control is part of the basic configuration.

Tesla informed us on Friday that reaching 200K cars is now foreseen for end 1Q18 or beginning 2Q18. If Tesla 'does the right thing' as promised, they will move reaching that threshold to beginning 2Q18. Which means that US buyers can apply for the full $ 7500 till the end of 2018 (2 quarters after the quarter in which 200k is reached). Only then in 2019 the tax benefit will be slowly decreased.

I believe that this is the reason why all international deliveries are pushed back to 2019. Including Canada and Europe. Disappointing as it is for some of these early reservationists.
Only if ramp up is successful and the 200k are already reached end of 1Q2018, maybe some international (probably Canadian) reservationists will be given an opportunity to order sooner (what counts is the US sales).

Why do I know this as EU citizen and why do US reservationists keep staying confused / ignorant????
It no rocket science!
There is no way they don't hit by Q1. Think about it...

They are about 75,000 cars away at the half way point of 2017.

Say they sell 40,000 more Model S/X for he US before end of 2017. That means 35,000 left until 200,000.

The aim to produce over 50,000 Model 3's by end of 2017. Assume many are in transit and undelivered by end of year clearly they are all over 200,000 be end of Q4 2017.

Now to start Q1 2018 they are efficient and making 20,000 Model 3's each month brining the Q1 total to 60,000. By end of Q1 they should have delivered a total of 275,000 US based cars.

Unless I am missing something here or Tesla hits an ugly snag, they're hitting in December or January.

EDIT: to me "doing the right thing" is prioritizing US deliveries over other countries to maximize the number of people that get at least a piece of the credit.
 
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MichelT3

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#20
Hou might be right. I didn't do the numbers. Was going forward on an earlier message 'hitting' around March 31.
Even so, most part of 2018 and almost all current US reservationists will apply for the rebate.

Doing the right thing is maximising number of US customers getting a rebate. Will depend on situation whether that means prioritising deliveries or holding back for a short while.