SK Hynix Shares Fall as Workers Reject Wage Deal 
U.S. Probes Apex Logistics Over Nvidia AI Chip Shipments to China 
U.S. Disrupts China-Linked Hacking Campaign Targeting Government Agencies 
SoftBank Eyes $20 Billion Bond Sale to Refinance OpenAI Loan 
Nvidia Reportedly Eyes $13 Billion Hugging Face Acquisition 
OpenAI Data Center Chief Chris Malone Exits Ahead of Planned 2027 Listing 
Meta, U.S. States Discuss Settlement in Teen Addiction Trial 
Google Changes EU Spam Policy Amid Antitrust Scrutiny 
Salesforce Shares Surge as AI Demand Powers Q2 Earnings Beat 
BofA Names ASML Top Semiconductor Equipment Pick on Growth, Valuation 
Nvidia Pauses AI Cloud Financing Deals Amid Antitrust Concerns 
Luxshare Shares Rise as First-Half Profit Jumps 18% 
New Zealand Labour Backs Social Media Ban for Under-16s 
New Zealand Moves to Ban Social Media for Children Under 16 
Xiaomi Unveils Xring O3 Chip for Flagship Foldable Phone 
Countries Tighten Social Media Bans for Children 
Add as a preferred source on Google
Tesla finally unveiled the first batch of Model 3 vehicles last Friday and the auto world looked on as Elon Musk potentially changed the landscape forever. As the company’s first truly affordable electric car option that’s equipped with many of the features that made the Model S and X so attractive, there is certainly plenty of reasons to be excited about the Model 3.
As USA Today reports, the Model 3 costs only $35,000, which is effectively half what the Model S is priced at. What’s more, this number is before tax incentives, so it could potentially be much cheaper. It’s worth noting that this price is for the base model, which has a range of 220 miles. There is a version with a longer range of 310 miles, but it costs $44,000, before tax incentives.
Based on the presentation and what Tesla showed off with the Model 3, it’s clear that this is a vehicle that’s meant to prepare the world for a fully autonomous driving market. The dashboard options are quite limited, with the gauge and performance figures being featured on the center console.
The vehicle can actually go from 0 to 60Mph in under 6 seconds, but this is the civilian model. Musk said that a performance version would be following suit by this time next year. However, the Model 3 is likely never going to provide the same performance as the more expensive Model S.
Drivers who got their hands on the Model 3 during the presentation in Nevada said as much when they noted that the vehicle was fast, but not ludicrously fast, Fortune notes. Entities like Motor Trend still note how the vehicle’s torque is impressive and the handling is superb. However, with top speeds of only 130Mph, it’s not exactly a speed demon.
On the other hand, there are still plenty of advantages going for the Model 3, with the impressive leg room making an impression on practically everyone who took it for a spin. It would seem that Tesla took a minimalist approach to a whole new level with the vehicle, which Musk acknowledged was a huge challenge for the design team.
