That's the new plan.
Tesla is expected to reveal its highly anticipated Model 3 at an event in Los Angeles, CA at the end of this month. An official invitation to the event was leaked onto the Tesla Motors Club's forum where the automaker revealed that it would indeed finally show off its most affordable vehicle. The third vehicle in the lineup will be an all-electric vehicle to take on the Audi A4, Mercedes-Benz C-Class and BMW 3 Series. Apparently, the reveal is supposed to resemble that of an Apple-style product launch.
Production of the Model 3 will begin in 2017, so the vehicle that will be unveiled will surely be a pre-production model. Elon Musk recently tweeted that online orders for the electric car will be taken from April 1 and stores will be taking orders for the vehicle from March 31. The Model 3 is expected to have a range of between 220 and 300 miles, but that's contingent on weather, battery condition, charge, options and other factors. Pricing for the Model 3 is supposed to start at $35,000, but could dip into the mid $25,000 mark with tax rebates. Keep a look out on March 31 to see the Model 3 being revealed.