I think we're going to try to do something more radical," says Elon Musk, creator of Tesla Motors, whose charging stations will power your Tesla for free, forever. This one, the Model III could be available in 2017, but more likely the middle or end of 2018. It's 20% lighter than the Model S and much cheaper.
The $35,000 (USD) price tag slashes the $60,000+ price of the Model S.
It will charge in just over 25 minutes and run 320 kms; Tesla's goal to build a cheap electric car is coming true at an accelerated pace.
Tesla is attempting to focus attention on the Model S and the new Model X (Tesla's version of a minivan), because those are the ones you can buy now, but the Model III will be an undisputable game changer.
read more here