Timothy Moore
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Tesla Model 3 Due Out in 2017

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Just when you thought Tesla Motors couldn’t get any better (wait, you did think that, right?), Elon Musk and his pioneering team of innovators went ahead and announced that a third-generation Tesla, called the Tesla Model 3, will be introduced to the market in 2017, after the launch of the Tesla Model X. While I’m incredibly pumped to see another new model come out of Tesla, I’m still a little bitter that they’ve had to abandon that sexy Model E name… (Damn you, Ford.)

Tesla CEO, Elon Musk, has announced the all-new Tesla Model 3.

Tesla CEO, Elon Musk, has announced the all-new Tesla Model 3.

Musk told Auto Express, who broke the story, “The new model is going to be called Model 3, we’ll have three bars to represent it and it’ll be S III X!” My own suspicion, however, is that, when Ford sued Tesla over the Model E name, Musk just turned an E around for a 3, making his model lineup S3X. Still pretty sexy, if you ask me. (But no one ever wants my opinion on what’s sexy.)

The all-new compact Tesla Model 3, likely capable of a 200+ mile range, will be poised to take on the BMW 3 Series—a tough feat but one worth pursuing. And I can think of no better warrior to send out to do battle than Musk.

Oh, and here’s the kicker: Tesla aims to sell the Model 3 for about just $35,000. Yup, that’s right—a $35,000 Tesla.

Furthermore, Musk plans on setting up an R&D base for the Tesla Model 3 somewhere in the U.K., which could be responsible for producing the batteries for all Tesla models, as well as for customers of other electric vehicle manufacturers. Auto Express suggests Nissan and Mercedes-Benz.

This news is enough to get any EV fan excited. We just ask that you please don’t celebrate by dancing naked in your Tesla.

And just in case you think this is just too good to be true: