Tesla has revealed that its next-generation electric car will be named Model 3, which is set to be unveiled publicly in 2016 and go on sale some time in 2017. Confirmed: Our Gen III car, due out after Model X, will be named Model 3. http://t.co/PLhUzycSlp pic.twitter.com/noZf17LXre — Tesla Motors (@TeslaMotors) July 16, 2014 Tesla founder and CEO Elon Musk told Auto Express in an interview that the new vehicle will rival the_BMW 3 Series. Though Musk wanted to name the car ‘Model E’ at first, his plans were derailed when Ford threatened to sue it, saying it wanted to...

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