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article imageTesla announces the smaller vehicle called Model 3

By Ryan Hite     Jul 16, 2014 in Technology
Tesla Motors announced a new electric car that is smaller and has less range than older models they dubbed Model 3, which is the fourth car model produced by the company.
Tesla Motors confirmed plans for its newest vehicle, a smaller car they called the Model 3, which Auto Express reports is designed to take on BMW's 3 series. According to the report, the vehicle will be 20 percent smaller than the Model S and go more than 200 miles on a single charge. The Model 3 will be unveiled for the first time in 2016, with sales beginning the following year, Auto Express said in an article.
The Model 3 will be the company's fourth car and is set to come after Model X. That vehicle was displayed at a car event in California in 2012 and is headed to buyers later this year. It is considered a crossover between a sedan and a sport utility vehicle and fits up to seven passengers. The company originally planned to begin building it last year, but was pushed back to this year.
In an interview with Auto Express, founder and CEO Elon Musk said that the name for the Model 3 stemmed back to a legal battle with Ford, which threatened to sue the company over a trademark for "Model E."
"We were going to call it model E for a while and then Ford sued us saying it wanted to use the Model E — I thought this is crazy, Ford's trying to kill sex! So we'll have to think of another name," Musk stated. "The new model is going to be called Model III, we'll have three bars to represent it and it'll be S III X!"
Model 3's range would be less than the Model S, which is rated currently for 306 miles when equipped with the standard 85-kWh battery. The Roadster was rated for 245 miles per charge and weighed nearly 2,000 pounds less.
In an interview with Autocar earlier this month, Tesla's vice president of engineering Chris Porritt said in an article that the new model would not be based on the aluminum chassis and body found in the Model S and that the company was banking on a more cost-effective technology to reduce costs to make the car.
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