Want the $35,000 Tesla Model 3? You'll Have to Wait Until 2018!

Elon Musk's dream of having everyone zip around in affordable electric cars has been delayed. According to documents obtained by electric-car news site, Inside EVs, the Tesla Model 3 was expected to be unveiled as early as March 2016 and get a late 2017 launch date, but now it looks like it won't start production until 2018. The Model 3 will cost $35,000 before government subsidies, making it $40,000 less than the larger Model S, and putting it in line with the BMW's 3 Series. Tesla is no stranger to production delays. Its Model X crossover was supposed to debut in 2013, but that date was pushed back to late 2015. At the time of this writing, Tesla has yet to debut a production version of the Model X.