Tesla to unveil new model in St. Louis [CNBC]
Tesla, Inc. (TSLA)
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Source: CNBC
Patrick T. Fallon | Bloomberg | Getty Images An employee cleans a Tesla Model 3 electric vehicle on display at the company's showroom in Newport Beach, California, U.S., on Friday, July 6, 2018.Patrick T. Fallon/Bloomberg via Getty Images Tesla , the maker of fully electric cars, will have the first public showing in St. Louis of its new $35,000 more affordable family sedan in at the company's University City showroom Friday. The Model 3, recently named Popular Mechanic's Car of the Year, holds up to 310 miles on a single charge and carries five adults. Its base price comes in lower than Tesla's previous models; the Model S cost about $68,000 and the Model X about $82,500, according to Fortune. show chapters Tesla said they have received nearly a half-million reservations for the new model. The Model 3 also was awarded Design of the Year by Automobile Magazine and designated a recommended buy by Consumer Reports. R
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