Tesla announced a new sports car that will be the first to use a battery pack, and the company’s chief technical officer, John Krafcik, says it’s the most powerful car ever built.
But there’s a catch: the Model S will only cost $10 for the base model, and that’s only because the Model X SUV will get a $30,000 upgrade.
The new $100,000 model, the Model 3, is already being touted as the “best all-around car ever,” and the price tag is just $100 more than the current Tesla.
The Model 3 will have a range of 300 miles on a single charge, Krafcz said at an auto show.
The Model X will have 300 miles per charge, he added.
The most important thing about the new Tesla is that it will be able to be charged at home, he said.
The battery pack will be built by Tesla itself, and Tesla’s engineers will build a new electric steering wheel.
Krafzis car will use a Tesla’s new proprietary electric motor, which Krafc said will have the same efficiency as the existing car’s engine.
The car will also use Tesla’s Autopilot technology, and Krafbios new motor will be compatible with the Autopillion, a company that will allow Tesla owners to remotely activate the vehicle’s emergency braking and other features.
Krafcik told the Associated Press that the car will be priced competitively with the Model Y SUV, which will cost $30K.
Krafciks car is expected to be the best-selling car of all time, and will help Tesla earn a $100 million investment from the government.
Tesla has yet to confirm whether the company will release a Model 3 version.