There will be two versions available at the beginning. Standard Tesla 3 has up to 345 kilometers range, accelerates in 5,6 seconds from 0 to 60 mph and achieves 130 mph top speed. There is also a Long Range version, which has up to 510 kilometers range. It is also more powerful and accelerates in 5,1 seconds from zero to 60 mph and up to 140 mph top speed.

The standard version costs 35.000 USD and the price for the Long Range version will be 44.000 USD, but with the incentives the final price could be considerably lower – depending on the state (or country, when it's available in EU). Model 3 is 4,694mm long, slightly longer than a BMW 3 Series. It is also slightly wider at 1,849mm. It's very light for a BEV with a kerb weight of 1,610kg.

Model 3 is one of the few cars that don't need a key for entry, instead using your phone's Bluetooth function (other cars use RFID function of the smartphone). Its smart key is an RFID key in the shape and thickness of a credit card.

Tesla Model 3 only has one, 15-inch color touchscreen positioned in the center of the dashboard. It's an important screen because it controls everything, and we mean everything. It controls all the functions of the car, but we will have to wait for the first drive to decide if that is a good idea or not.

According to Tesla the early Model 3s will be rear-wheel drive only and those, who reserved all-wheel-drive dual motor versions will have to wait a little longer. The Ludicrous mode will also be available later, with the introduction of dual-motor model.

The deliveries will not start with full pace at the beginning and majority of those 500.000 who reserved Tesla Model 3 after first introduction in March 2016 will have to wait up to the end of 2018. Tesla will produce just 100 cars in August, the September figures will rise to 1.500 and by the end of 2017 the production should reach 20.000 per month.