LeftLaneNews

Telsa planning Model 3 crossover

The Tesla Model 3 will actually be two vehicles.

It's long been known that Tesla is working on a smaller Model 3 sedan to compliment its current Model S sedan and upcoming Model X crossover, but the company's chief technical officer has revealed that a fourth model line is also under development.

Back when Tesla first started devising plans for the Model 3 several years ago, premium sedans were in vogue. Although sedan's aren't totally out of fashion today, crossovers have seen an explosion in popularity, prompting Tesla to expand its original Model 3 plans.

According to The Wall Street Journal, JB Straubel, Tesla's CTO, announced at a conference in Washington, D.C. on Monday that the company is currently developing a crossover based on the Model 3. Moreover, Straubel indicated that the Model 3 crossover could be ready to launch alongside the sedan sometime in 2017.

Straubel didn't dole out any additional details on the Model 3 line, but added that his company developing new cars to follow the Model 3. By 2020 Straubel estimates that Tesla will be selling more than 500,000 vehicles annually.

Although details are far from official on the Model 3, the sedan version is expected to carry a retail price of about $35,000 and have a range of up to 250 miles.

Photo by Ronan Glon.

Read more!