Posted July 26, 2019 09:58:57The electric SUV that Tesla plans to unveil next year in an effort to turn its Model 3 into a mass-market mass-production vehicle has a battery capacity of 1,200 miles.
Tesla Chief Executive Officer Elon Musk has long touted the Model 3’s range and claimed it could reach 100 miles on a single charge, which is more than the current average of around 80 miles.
Tesla has not announced a specific price for the Model 4 yet, but it is expected to cost around $35,000.
Tesla said Tuesday that the battery would last about 12,000 miles, making it one of the most powerful cars in the world.
It will be able to travel on highways with speeds of up to 50 miles per hour.
The Model 3 is a much smaller version of the Model S, a luxury sedan that is expected for a 2019 debut.
It has an interior design that Musk said has “finally” captured the public’s imagination, including an electric roof that opens at a 45-degree angle.
The car is expected sell for around $70,000, according to Bloomberg, although Musk’s estimates for the cost of production are higher.
Musk has repeatedly stressed that he wants Tesla to sell the car at a profit.
Tesla has been trying to get more people to buy the Model X, a smaller, more affordable alternative to the Model P. The company is also trying to develop the Model Z sedan.
Tesla unveiled a new $2,000 model on Wednesday, the first-ever premium electric car.
Tesla said it is targeting $4,000 in annual revenue, about a 20% jump from its current revenue.
Musk has also said that Tesla will sell vehicles at a discount on the Model III.
The company has also begun selling its premium Model X SUVs, with prices starting at $36,000 and up.
The Model 3 and Model 4 are not expected to hit the U.S. market until late 2019.
The price of the new Model 3, which will debut in the second quarter, is $72,500, according the New York Times.
The Wall Street, Washington, D.C., based auto maker also is working on a smaller version called the Model 5, which would be the car’s biggest rival to the Tesla Model X. It is expected next year to cost $25,000 less than the Model Y sedan.