History of the electric vehicle Model X, together with several variants of the Tesla Model S line-up. The Tesla Model 3 was unveiled on 31 March 2016. With pricing starting at and an all-electric range of , the Model 3 is Tesla Motors first vehicle aimed for the mass market. Before the unveiling event, over 115,000 people had reserved the Model 3. , one week after the event, Tesla Motors reported over 325,000 reservations, more than triple the 107,000 Model S cars Tesla had sold by the end of 2015. These reservations represent potential sales of over . , Tesla Motors has sold almost 125,000
Tesla Model S with similar efficiency to the Model S is responsible for the production of the same amount of CO as a gasoline-powered car that gets 34 to 115 MPG, depending on the source of electricity in the region in which the car is being charged. The study estimated that nearly half of Americans lived in regions where an electric vehicle would result in less emissions than a 50 MPG hybrid vehicle. A 2015 study by Union of Concerned Scientists found that in the US regions where the Model S is popular, the 68% higher manufacturing emissions are offset within a few