“This is a great car,” says Peter Bittman, the chief marketing officer of the company.
“The Model S has a lot of potential, and it’s going to change how we drive and how we operate.”
It also is the first car in the company’s fleet to feature a hybrid system.
The car will have a range of 200 miles on a single charge and can go from 0 to 60 mph in under 3 seconds.
The battery is the same one used in the Model S. Tesla has also introduced a range-extending battery pack that can increase the range to 200 miles by adding an extra charge.
“This means that the Model 3, and the Model X in general, can be driven more easily,” says Mr. Bittm, referring to the forthcoming vehicles.
“We can do it in the shortest amount of time, with less drag.”
The company also announced it will introduce the Model C in 2017, the first electric vehicle to have a roof rack.
It is expected to have more than 2,000 miles on its battery, and will be the first SUV to offer a removable roof.
Tesla also unveiled the first ever Model S sedan, the Model A, in 2018.
The vehicle is expected in 2021, the year of Tesla’s IPO.
“It’s a good car, but not the most exciting,” says Elon Musk, Tesla’s CEO.
The new car has an all-wheel drive system and will get an electric motor to propel it.
It has been developed with a “truly unique architecture,” according to the company, and is built using a carbon fiber body.
It will be a premium car, with prices starting at $49,000.