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It’s finally official: the Tesla Model 3 will feature two battery options, one with 220 miles of range and a second with 310 miles of range. While Tesla CEO Elon Musk did not go into details of the battery pack, it is assumed that it will still utilize the company’s newest 2170 lithium ion cell. Musk did not disclose the size of the battery packs, just their range, performance and respective pricing. As previously speculated, the Model 3 will be offered — before state and government incentives — at $35,000 with the standard range option and $44,000 if upgraded to the long-range option. As the newly affordable EV from Tesla, the Model 3 has taken its first step to cementing itself as the game changing electric car with the best technology, customer value and, internally, a vehicle that delivers high profit margins. The battery range and power, and access to Tesla’s extensive Supercharger network could mean that the Model 3 will soon chip away at a market that’s been predominantly ruled by internal combustion engine (ICE) cars. The announcement came as part of the Model 3 delivery event in Fremont, Calif. CEO Elon Musk told Tesla fans and future owners about the new battery and range options before handing over the first 30 Model 3s to their respective new owners. Musk stated that the company has produced 50 production cars this month, with the other 20 vehicles being used for validation testing. With a design that is lightweight and sports an industry-leading drag coefficient, Tesla Model 3 could be among the most efficient vehicles on the road. The Model 3 will also be one of the lowest cost EVs, while sporting one of the highest ranges on the market. The Chevy Bolt, that starts at $36,620, tops out at 238-miles of range, while the Model 3 goes all the way to 310-miles. If Model 3 production can match Musk’s goals, its price and technical capabilities could enable it to revolutionize modern transportation across the globe. Source