News
Tesla Model 3 specs: 220-mile standard with 310-mile option for $9k
It’s finally official: the Tesla Model 3 will feature two battery options, one with 220 miles of range and a second with 310 miles of range.
While Tesla CEO Elon Musk did not go into details of the battery pack sizing, it is presumed that the standard offering will utilize an approximately 50 kWh pack size – down from the expected 60 kWh battery – and 75 kWh battery for its long range offering. Performance between the two offerings and their respective pricing were outlined by the California-based electric car company via their presskit.
As previously speculated, the Model 3 will be offered — before state and federal incentives — at $35,000 with the standard range option and $44,000 if upgraded to the long-range option. As the newly affordable EV from Tesla, the Model 3 has taken its first step to cementing itself as the game changing electric car with the best technology, customer value and, internally, a vehicle that delivers high profit margins.
The battery range and power, and access to Tesla’s extensive Supercharger network could mean that the Model 3 will soon chip away at a market that’s been predominantly ruled by internal combustion engine (ICE) cars.
The announcement came as part of the Model 3 delivery event in Fremont, Calif. CEO Elon Musk told Tesla fans and future owners about the new battery and range options before handing over the first 30 Model 3s to their respective new owners. Musk stated that the company has produced 50 production cars this month, with the other 20 vehicles being used for validation testing.
With a design that is lightweight and sports an industry-leading drag coefficient, Tesla Model 3 could be among the most efficient vehicles on the road. The Model 3 will also be one of the lowest cost EVs, while sporting one of the highest ranges on the market. By comparison, the Chevy Bolt that starts at $36,620 tops out at 238-miles of range while the premium Model 3 will have a 310-mile per charge driving range.
We’ve provided the full details of the standard equipment, base Model 3 which begins at a starting price of $35,000.
STANDARD EQUIPMENT
Price – $35,000
Standard Battery
- Range: 220 miles (EPA estimated)
- Supercharging rate: 130 miles of range per 30 minutes
- Home charging rate: 30 miles of range per hour (240V outlet, 32A)
- Deliveries begin: Fall 2017
Performance
- 0-60 mph: 5.6 seconds
- Top speed: 130 mph
Interior
- 15” touchscreen display
- Dual zone climate control system
- FM/Internet streaming radio
- Textile seating
- Front center console with open storage and two USB ports
Convenience
- Onboard maps and navigation
- Wi-Fi and LTE internet connectivity
- Keyless entry and remote climate control using the Tesla app
- Voice activated controls
- Bluetooth hands-free calling and media streaming
- 60/40 split folding rear seat to maximize cargo options
- Back-up camera
- Auto dimming rear-view mirror
- One-touch power windows throughout
- Power-adjustable side mirrors
- 12-volt power outlet
Safety
- Full LED exterior lighting
- Eight cameras, forward radar and twelve ultrasonic sensors enabling active safety technologies including collision avoidance and automatic emergency braking
- Six front row and two side curtain airbags
- Three-point safety belts with belt-reminders for driver and four passengers
- Two LATCH (Lower Anchors and Tethers for Children) attachments in second row
- Electronic stability and traction control
- Four-wheel antilock disc brakes with electronic parking brake
- Child safety locks
- Anti-theft alarm system
- Tire pressure monitoring system
Warranty
- Vehicle: 4 year, 50,000 mile limited warranty
- Battery warranty: 8 year, 100,000 mile (120,000 mile with Long Range Battery)
OPTIONS
Long Range Battery – $9,000
- Range: 310 miles
- Supercharging rate: 170 miles of range per 30 minutes
- Home charging rate: 37 miles of range per hour (240V outlet, 40A)
- 0-60 mph: 5.1 seconds
- Top speed: 140 mph
- Deliveries begin: July 2017
Paint
- Solid Black: Standard
- Midnight Silver Metallic: $1,000
- Deep Blue Metallic: $1,000
- Silver Metallic: $1,000
- Pearl White Multi-Coat: $1,000
- Red Multi-Coat: $1,000
Wheels
- 18” Aero: Standard
- 19” Sport: $1,500
Premium Upgrades Package – $5,000
Upgraded interior with additional features and premium materials.
- Premium heated seating and cabin materials throughout, including open pore wood décor and two rear USBs
- 12-way, power adjustable front seats, steering column and side mirrors, with custom driver profiles
- Premium audio system with more power, tweeters, surround speakers and subwoofer
- Tinted glass roof with ultraviolet and infrared protection
- Auto dimming, power folding, heated side mirrors
- LED fog lamps
- Center console with covered storage and docking for two smartphones
Enhanced Autopilot – $5,000
Model 3 will match speed to traffic conditions, keep within a lane, automatically change lanes, transition from one freeway to another, exit the freeway and self-park at your destination.
Additional features will roll out over time through software updates.
Full Self-Driving Capability – $3,000 (requires Enhanced Autopilot)
In the future, Model 3 will be capable of conducting trips with no action required by the person in the driver’s seat.
This feature is dependent upon extensive software validation and regulatory approval, which may vary by jurisdiction.
VEHICLE SPECIFICATIONS
Dimensions & Weight
- Length: 184.8”
- Width: 72.8” (76.1” with mirrors folded)
- Height: 56.8”
- Wheelbase: 113.2”
- Track (wheel center): 62.2” front and rear
- Ground clearance: 5.5”
- Head room, standard: 39.6” front row, 37.7” second row
- Head room, glass roof: 40.3” front row, 37.7” second row
- Leg room: 42.7” front row, 35.2” second row
- Shoulder room: 56.3” front row, 54.0” second row
- Hip room: 53.4” front row, 52.4” second row
- Seating capacity: 5 adults
- Luggage capacity: 15 cubic feet
- Curb weight:
- 3549 lbs. (Model 3)
- 3814 lbs. (Model 3 Long Range)
- Weight distribution:
- 47% front, 53% rear (Model 3)
- 48% front, 52% rear (Model 3 Long Range)
Body
- Hybrid steel/aluminum body
- Drag coefficient of 0.23
Chassis
- Double wishbone, virtual steer axis front suspension with coil over twin-tube shock absorbers and stabilizer bar
- Independent multi-link rear suspension with twin-tube shock absorbers and stabilizer bar
- Variable ratio, speed sensitive electronic power steering
- Electromechanically boosted four wheel anti-lock disc brakes with electronic brake force distribution
- 18” Aero or 19” Sport wheels with all-season tires
Standard Accessories
- 240 volt NEMA 14-50 adapter
- 120 volt NEMA 5-15 adapter
- J1772 public charging adapter
- 20 foot mobile connector with storage bag
Elon Musk
Elon Musk updates the SpaceX timeline for Mars
Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
Investor's Corner
SpaceX gets an absolutely crazy price target after rough IPO
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
Elon Musk
Elon Musk responds to Volvo’s latest LiDAR decision
Tesla CEO Elon Musk has responded to reports that Volvo is officially discontinuing the LiDAR sensor on two of its cars.
Volvo announced that it would officially scrap LiDAR systems on its EX90 and ES90 vehicles in various markets. In Norway, owners will get a €1,800 compensation for features that will never arrive due to this decision. There will be no option to remove the unit from vehicles, either.
The issue stems from Volvo’s supplier, Luminar, and its bankruptcy filing. Luminar will no longer be able to supply LiDAR units to Volvo for the EX90 and ES90, effectively axing any use the unit has on vehicles. Volvo will phase out the data collection processes via the LiDAR system, and it will not be utilized whatsoever.
Musk saw the story on X and responded, stating:
“I did try to warn them. Humans drive using neural nets and optical sensors. Same is true for robot cars.”
I did try to warn them.
Humans drive using neural nets and optical sensors. Same is true for robot cars.
— Elon Musk (@elonmusk) July 29, 2026
Musk has been publicly vocal about his disdain for LiDAR systems, once calling them “a fool’s errand,” as he has consistently kept the outlook that they are not needed for effective self-driving.
The typical example used as evidence for this by Musk is humans themselves: made with only eyes and memories, humans are capable of navigating a car by using what they can see and what they’ve personally experienced on the road.
Elon Musk argues lidar and radar make self driving cars more dangerous
“Same is true for robot cars,” Musk says, as Teslas have eight exterior cameras that help see everything surrounding the vehicle, and a neural network that analyzes behavior and tendencies with every mile driven.
Tesla is a vision-only self-driving company that ditched sensors and radar several years ago in favor of cameras. Behind this effort, the company has established a reputation for having one of the most robust self-driving platforms in the world.
Musk’s big bet with Tesla on its self-driving program’s strategy has widely paid off. Other companies continue to utilize things like LiDAR, radar, and sensors for effective self-driving, but Tesla has shown that there is more than one way to give consumers a strong and accurate driver assistance suite.
The real question is: who will be the first company to take Musk’s advice and attempt a self-driving platform based on cameras only, or even license FSD for themselves?

