The Tesla Motors CEO let slip in a response on Twitter the name of an upcoming Tesla Motors car. To a question of a Follower about whether the Model 3 has Falcon wing doors, Musk responded: "There will be a Model 3 and a Model Y. One of the two will."
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The Model Y is likely a cheaper version of the Model X based on the cheaper Model 3. The Model 3 is slated for a 2017 released with a price-tag of $35,000.
Elon Musk clarified the Tweet on stage of the Vanity Fair's New Establishment Summit on Tuesday. He said that obviously the Model Y will have falcon wing doors. His explanation on why he deleted the tweet is less clear. According to Mashable he said: "I deleted that and a dozen other tweets because I had a rambling Twitter history. But it has no significance. I don't think deleting tweets makes it go away from the Internet."
Tesla just launched the Model X and delivered the first cars to customers in an event a week ago. The Model X is packed with innovations, that even feel too much for Musk. He said in an interview that Tesla has invested too much time in the Model X.
Once Tesla brings the price down to the $35,000 mark for its electric cars, the competition is in real trouble. Tesla will have a real challenge in being able to satisfy demand. Tesla is already far behind satisfying demand for its $100,000 plus SUV. Once Tesla vehicles are affordable, the electric car maker needs to grow up quickly and produce much more car per day than today.
Elon Musk predicts to get to the level of making 500,000 cars per year by 2020. That sounds a lot but is not when compared to other car makers. If you are interested in getting a Model 3, we recommend to pre-order as soon as Tesla lets you. Pre-ordering too late will result in a major delivery delay.