Overview
The Tesla Model 3 is a battery electric mid-size sedan with a fastback body style built by Tesla, Inc. since 2017. The Model 3 was marketed as being more affordable to more people than previous models by Tesla. The Model 3 was the world's top selling plug-in electric car for three years, from 2018 to 2020, before being knocked from the top spot by the Tesla Model Y, a crossover SUV based on the Model 3 chassis. In June 2021, the Model 3 became the first electric car to pass global sales of 1 million. A refresh of the Tesla Model 3 was introduced in 2023, offering a revised exterior and interior.
History
In an interview for Wired Science recorded during 2006, Elon Musk presented the as likely being affordable by most people able to purchase new cars. In 2008 the car was stated to be a family car. In 2017 Tesla added that the Standard Range version of the all-electric car would have an estimated EPA-rated range of , a five-passenger seating capacity, front and rear trunks, and promised sports-car levels of acceleration performance. Tesla said it would have a 5-Star safety rating and have a . This is lower than the Tesla Model S , which, in 2014, was the lowest among the production cars of the time.
Within a week of unveiling the Model 3 in 2016, Tesla revealed they had taken 325,000 reservations for the car. These reservations represented potential sales of over . By August 2017, there were 455,000 net reservations.
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