On Wednesday, CEO Elon Musk tweeted the news that Tesla's Model 3 sedan (reasonably priced at $35,000) is set for pre-orders in March next year.

The first customers will need to show a little bit of patience. Elon Musk tweeted on 2 September: "Model 3, our smaller and lower cost sedan will start production in about 2 years. Fully operational Gigafactory needed." In any case, early birds will strike a good bargain – Model 3 will be priced at around 35,000 dollars in the first round, which makes it much more accessible than the cheapest Model S, priced at 68,900 euros (75,000 dollars).

Elon Musk also tweeted that "With same options, Model X is $5k more than an S due to greater size & body complexity. Sig Series is fully loaded, hence high price." Initially, The tesla Model X sport utility vehicle will go on sale end of this September, priced at 132,000 dollars.

Sept. 4, 2015 Driving photo: Tesla Motors

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