Tesla Model III

Tesla Model III

Tesla has officially announced its next product: the Model III. Scheduled to debut in 2017 after the upcoming Model X SUV, the midsize Model III sedan has its sights set squarely on the BMW 3 Series . Tesla’s new car will slot under the popular Model S in both size and price.

Keeping with its unconventional business methods, Tesla announced the product in an interview with AutoExpress. CEO Elon Musk says the new car will cost $35,000 and have a range of 200 miles on a single charge. The candid interview continued with Musk mentioning he wanted the new car called the Model E, but ran into red tape with Ford , which apparently holds rights to the name.

To combat the nomenclature woes, Tesla will badge the new car with the Roman numeral “III.” We have to give pause to Tesla’s naming scheme, particularly because of the combination of the Model S, the Model E (err Model III), and the Model X. It seems the world can see Elon Musk’s rather interesting sense of humor.

While the Models S, III, and X are the main focus of Tesla’s future, the company is giving early adopters a substantial power boost. Musk continued in the interview saying Tesla will offer the original Tesla Roadster a replacement battery that extends its range to 400 miles while boosting power. Musk says, “which will allow you to drive from LA to San Francisco non-stop.”

Updated 07/23/2014: We prepared a rendering for the future Tesla Model III. Check it out after the jump.

Click past the jump to read more about the 2017 Tesla Model III.

Source: AutoExpress

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