Justin Pritchard / AP
Tesla Motors unveils its Model 3 car at the Tesla Motors design studio Thursday, March 31, 2016, in Hawthorne, Calif. The promise of an affordable electric car from Tesla Motors had hundreds of people lining up to reserve one. At a starting price of $35,000 — before federal and state government incentives — the Model 3 is less than half the cost of Tesla’s previous models. 
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The Tesla Model 3 will cost $35,000 before EV credits, have a conservatively estimated 215-mile range, and go 0-60 in under 6 seconds. Delivery is slated for end of 2017.
