Elon Musk claims that a $25,000 Model 3 might be just three years away

Model 3 Price

As laid out in Elon Musk's first missive regarding Tesla's "Secret Master Plan," the company's longstanding goal has always been rather simple: release an affordable EV for the masses. Indeed, all the cars Tesla started out with -- from the original Roadster to the Model X -- were done to kickstart the EV revolution into high gear and help bankroll a mass market EV that would eventually become known as the Model 3.

Tesla's Model 3 certainly isn't the cheapest car around, but it does provide a solid bang for the buck in the $35,000 price range. Still, prospective buyers interested in picking up a Model 3 for just $35,000 still need to exercise some patience as Tesla, for the time being, is prioritizing buyers interested in purchasing souped up Model 3 units in the $50,000 rage. As to Tesla's reasoning, Musk earlier this year said that it all comes down to generating as much cash in the short-term as possible.

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Elon Musk claims that a $25,000 Model 3 might be just three years away originally appeared on BGR.com on Mon, 20 Aug 2018 at 22:30:15 EDT. Please see our terms for use of feeds.

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