Posted April 13, 2018 06:38:58Tesla Motors (TSLA) is known for producing high-quality, high-value electric vehicles and their high-performance engines are some of the most popular in the world.
Now the company is hoping to get into the EV business with a new electric vehicle, the Model 3.
According to an announcement made on the Tesla website, the new Model 3 will go on sale later this year in a limited number of countries.
This new Model will be the first production electric vehicle from Tesla, the company said.
The announcement said the new car will be available in 10 countries and will be priced at $35,000 ($48,000 US) when it hits the market.
It will be capable of delivering 300 miles (480 kilometers) of range on a single charge, which is far more than the previous Model 3, which offered 100 miles (160 kilometers) range.
The Model 3 is the company’s second-generation of electric vehicles, the first being the Model S sedan, which Tesla announced in January 2017.
It was designed to be affordable and to offer a range of up to 300 miles on a charge.
Tesla has made no secret of the fact that it is currently struggling to compete with rivals.
The company recently launched a new line of premium electric vehicles with the Model X SUV and Model 3 sedan.
The new Model X will go into production later this month.
The Model 3 won’t be the only EV from the company to launch this year.
A new EV, the all-electric SUV, is also planned.
Tesla is also rumored to launch a fully electric car in 2019.
The Tesla Model 3 has been in the works for years and it has been rumored for some time that the Model3 could be the company, as the company was previously rumored to be developing a fully-electric car called the Model Y, according to a report by Business Insider.
This report was first published on March 3.