Elon Musk unveiled the long awaited Tesla Model 3 on Thursday March 31 2016 at Tesla Motors’ design center in city of Hawthorne in California. Tesla Model 3 base price before rebates and discounts is $35000.  It is expected to reach mass production in Fall 2017. First deliveries will most likely arrive in Spring to Summer 2018.  The full option package price is expected to be close to $50000 US Dollars.  Here are the first released photos of Tesla Model 3. Here is the first Video of the first Test drive of Tesla Model 3 in Hawthorne California :

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