Tesla announced the name of its low-cost EV due to arrive around 2017: Model 3. Autoblog reports the name was announced on its Facebook page Tuesday, after Ford rebuffed CEO Elon Muskâs desire to call the $35,000 EV the Model E earlier this year.Musk adds the name will be written as a Roman numeral, and would occupy the space between the S and the X as far as now-vague sexual references go.utoblog reports the name was announced on its Facebook page Tuesday, after Ford rebuffed CEO Elon Muskâs desire to call the $35,000 EV the Model E earlier this year. Musk adds the name will be written as a Roman numeral, and would occupy the space between the S and the X as far as now-vague sexual references go.
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