“The Model 3” electric car of Tesla Motors was unveiled

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It will have free access to Tesla’s Supercharger network, which will be expanded. A Tesla owner will be able to charge up and obtain servicing near any medium-size urban area in the US, Europe and Asia. This is a high performance car: zero to 60 miles per hour in less than 6 seconds. It will be priced at $35,000. Musk promised the Model 3 would arrive at the end of 2017.  Tesla Motors began taking $1,000 reservations from customers to get on the waiting list. Initial reaction to the car appeared favorable. The company has now about 115,000 pre-orders and is aiming to produce 500,000 cars a year. Musk pledged that it would make more lithium-ion batteries than all the factories in the rest of the world combined. Musk said since 2006 his objective was to bring electric cars to the masses.

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