When Tesla's Elon Musk noted that he would be producing an entry-level product, he said that it would start at $35,000. This all sounded too good to be true.

A $35,000 Tesla? No way!

Turns out it was a bit too good to be true. It's taken two years for the base Model 3 to come to fruition but as of Thursday evening, it became real. Said to achieve 220 miles on a full charge and hit 60 mph in 5.6 seconds, it doesn't sound too bad when you compare it to the BMW i3 or Chevrolet Bolt.

Depending on specification, Tesla is giving guidance that deliveries will start in two to four weeks.

There's just one catch. According to Musk, Tesla vehicles will be sold only online. That means there will be another round of layoffs at Tesla. Most stores will shutter but it's not clear where and when. Musk's memo noted that high-traffic stores will remain open as Tesla information centers and galleries.

Tesla is finally launching the long-promised standard Model 3 with a base price of $35,000 – fulfilling Elon Musk’s “secret masterplan” released back in 2006.

The automaker is now making several new versions of the Model 3 available with a shorter range and new interior options.

Elon Musk has been teasing an important Tesla announcement this week and now we finally have the details.

Tesla has been gradually releasing cheaper versions of the Model 3 over the last year, but it has never been able to bring the price down to $35,000 – the mass market price that they have been promising...

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The BASE Tesla Model 3 Is FINALLY Here, But There's A Catch...

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