Tesla has announced that its upcoming Model 3 will have a driving range of at least 250 miles. It will also cost about $35,000. Finally, Mr. Musk also confirmed that the Model 3 is on track to be released by 2017. That will make it very competitive with the Chevy Bolt.
It is worth noting that the 250 mile range is 50 more than the previously reported 200 mile range.