Elon Musk took to Twitter yesterday to mention some interesting news regarding its cars. We now know the unveiling for the Model 3 will come in March 2016, and it will be priced at $35,000 like previously promised. Sadly production will not start till at least 2017 as Tesla is waiting for its Gigafactory being currently built in Nevada. The new five billion dollar Gigafactory is slated to be operational by 2017 and will be the world's largest production facility for lithium-ion batteries.

Elon also tweeted that the first production Model X cars will be handed over on September 29th at their Freemont Factory. He also clarified that the Model X will be $5000 more expensive than the Model S because of a "greater size & body complexity".

Source: Elon Musk Twitter