 Good evening everyone here. My name is Franz von Holtzhausen. I lead the design team here at Tesla We are here tonight to talk about model 3. It is my honor to welcome to the stage. Mr. Elon Musk Welcome everyone. Welcome everyone to the model 3 unveil, but I want to start talking It just just preface this by talking about why why are we doing this? Why is Tesla? Why does Tesla exist? Why why are we making electric cars? We have record high co2 levels Combustion cars emit toxic gases if a vehicle is spewing toxic gas That's obviously bad for your health to address this what we came up with the Tesla was what we called the secret master plan But it needed to we needed to figure out how could we as a as a tiny company with very few resources? Actually make a difference. So step one was was was the roadster It showed the world that you could make a compelling electric car You could make a great electric car and a lot of people said well the roads is nice But it's sort of a toy and it's very expensive. So is it okay? We're gonna make the Model S and now for four cars about half the market wants sedan and about half the market wants an SUV So we thought well I will extend the the Model S platform into the Model X Both of these are very important because the revenue from the Model S and the X is what's needed to develop the Model 3 So I just want to say for all of you who bought an S or next. Thank you for helping pay for the Model 3 That's the master plan with with steps 2 and 2.5 and now going to to the Model 3 First of all, I start off by saying the Model 3 is going to be an incredibly safe car The Model 3 will be not just be 5 star on average be 5 star in every category Even the base Model 3 will do 0 to 60 miles an hour or 0 to 100 kilometers an hour in less than 6 seconds At Tesla, we don't we don't make slow cars and of course there will be versions of the Model 3 that go much faster The range will be at least an EPA rating of 250 miles These are minimum numbers. We we hope to exceed them It will also all Model 3s will come standard with autopilot hardware and all the autopilot safety features will be present in every car But you don't you won't need to buy an option the autopilot safety features will always be there The Model 3 also fits 5 adults comfortably the challenge obviously with building a smaller car is how do you how do you still? Make it comfortable with a bunch of people inside. There are two important Design steps we did with the Model 3 to achieve that one was to move the instrument panel of the firewall There really isn't a firewall. We don't have a big combustion engine in front. That's what gives gives you the legroom To have five at all the rear Roof areas actually one continuous pane of glass just like the Model S. It has a front and rear trunks All Model 3s will come with supercharging standard. We're now at the point where we've built out over 3,600 superchargers worldwide by the end of next year We will double the number of superchargers and quadruple the number of destination charges So where we are today with Tesla's we've got 215 locations by the end of next year We expect to more than double that to 441 locations now How are we going to make these cars our Fremont factory in the past has actually made? Almost 500,000 cars a year So we're confident that we can that Tesla can achieve that number in the future in terms of vehicle production And then what about what about batteries in order to produce half million cars a year? We basically need to absorb the entire world's lithium-ion production That's why we are building the giga factory to give you a sense of scale the giga factory We will actually have the largest footprint of any building of any kind so when when our deliveries Well there next year and then in terms of price. Well, of course, it'll be $35,000 or you will not be able to buy a better car for $35,000 or even close even if you if you get no options. All right, let's bring them out I just told that the total number of orders for the model 3 in the past 24 hours has now passed 115,000 for those online you can order at Tesla comm. Thank you Well, we don't have it for you tonight I'm just kidding. It's April Fool's somewhere