First Look at Tesla’s Tweaked Model 3

The Model 3s are coming. 

Two weeks after Tesla CEO Elon Musk teased the first 6-second video of a newly minted, almost-final version of the $35,000 car, prototypes have begun to appear in the wild. The following images of two Model 3s were taken outside the company’s headquarters in Palo Alto, California, on Wednesday. 

With about 400,000 reservations at $1,000 a piece, this is arguably the most anticipated new car in automotive history—one that’s already changing the trajectory of electric-vehicle development. Here’s the first prototype ever seen in Tesla’s Deep Metallic Blue. 

Tesla’s production ramp for the Model 3 is extremely aggressive. In order for Musk to hit all of his production targets, the company would need to build about 430,000 Model 3s by the end of next year. He would need to massively outsell the car’s biggest competitor, the BMW 3 Series. 

Here’s a photograph of the Model 3 and the BMW side-by-side. This is the second time Tesla has been spotted testing the Model 3 alongside a BMW, suggesting engineers may be benchmarking or tuning the car to match the competition. 

One of the biggest mysteries remaining for the Model 3 is how the interior will look and feel, and how far will Tesla go with autonomous-driving features at launch. The automaker has already begun selling a $3,000 “Full Self-Driving Capability” option for its other models, and Musk told me on Twitter in January that the features will begin to appear around the time of the Model 3 launch.

Here’s a grainy photo of the interior of the “release candidate,” with a mysterious red button near the passenger side of the 15-inch touchscreen display. Is this an emergency override? Does this activate maximum plaid mode? An eject button? So many possibilities. 

Love it or hate it, the stiff-lipped front end of the Model 3 is one of its most distinctive features. The car doesn’t have a grill, because unlike a gasoline-powered car, it doesn’t need one. After the initial unveiling of the Model 3, Musk said there was still “some tweaking underway” for the nose. “Edge and contour refinement are ongoing.”

Now we see the results. The edge seems a bit smoother and lower, and the corners of the mouth slightly stretched to the sides. It’s less stark, and suggests a shadow of a Mustang grill combined with the hood swoop of a Porsche 911. 

From another angle… 

And another…

Last year, Musk also said the company was working on expanding the opening of the rear trunk from what was initially unveiled (the car also has a front trunk where a gasoline engine would go). If any changes were made to the exterior opening, they appear to be very subtle. 

Tesla plans to deliver the final Model 3 in July. The first several thousand will go to employees holding reservations, and then the rollout will start in California and move eastward as production picks up. 

Read more about Tesla’s Launch Plans:

Tesla Model 3 Ramp Up Aims to Crush BMW and Mercedes

Tesla Will Take Orders for Its Solar Roof in April

Tesla Flips the Switch on the Gigafactory

About BloombergNEF

BloombergNEF (BNEF) is a strategic research provider covering global commodity markets and the disruptive technologies driving the transition to a low-carbon economy. Our expert coverage assesses pathways for the power, transport, industry, buildings and agriculture sectors to adapt to the energy transition. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.
 
Sign up for our free monthly newsletter →

Want to learn how we help our clients put it all together? Contact us