That's for the long-range model, which costs significantly more than the $35,000 base model.
This is the last Tesla article you need to read today, we swear.
The factory is expected to produce 50 gigawatt-hours of battery storage by the end of 2018.
Specs on Tesla's affordable electric car were leaked online and confirmed by the automaker.
The Tesla CEO also tweeted out new details on the upcoming, affordable Model 3 sedan.
We haven't seen much of the Model 3 since April 2016, but this prototype spied near Tesla headquarters looks nearly production ready.
The very first Model 3s will be assembled soon, with full production set to begin in July.
Like the Model S and X, the Model 3 could see an annual complementary kWh-limited Supercharger allowance.
As of today, every Tesla comes with the hardware for full self-driving capability.
Here's what we know about it so far.
Engineers raised numerous concerns about the safety of Autopilot, only to be told by Elon Musk not to worry.
You know the Model 3 we saw and drove in April? That wasn't the final, final design.
Elon Musk's second "Secret Master Plan" for Tesla spells out his future intentions for the company.
New evidence suggests the Tesla Model 3 will be capable of accelerating like the fastest Model S.
A matte-black prototype of Tesla's affordable electric car was caught on video testing on a highway near Palo Alto.
So the affordable electric car concept we saw in April? That's probably not what the real Model 3 will look like.
The Tesla Motors CEO recounted all the ways that the company's first car was a complete failure.
Tesla's Supercharger stations give free, fast charge-ups to Model S and Model X owners, but Model 3 buyers will have to pay.
Practichem, maker of innovative scientific research instruments, offers to lease an all-electric Model 3 for every full-time employee.
Even though the Model 3 is supposed to be for the masses, it'll still have a super-fast version.
The Ford Model E could arrive in 2019.
If Tesla can actually make a profit on the Model 3, Sergio says he'll totally clone it.
Tesla's long-awaited $35,000 electric car makes its official debut.
According to an insider, the Model 3 will get optional all-wheel-drive and a range of over 300 miles.