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According to Auto Express, several variants of the Tesla Model 3 are under consideration.

Aside from the expected sedan version, Auto Express is led to believe that the Tesla Model 3 will be offered in a range of setups, including as a coupe, wagon and even a crossover utility vehicle.

Of course, Tesla would love to capture a sizable market with the Model 3, so branching out to include several body variations is expected.  However, nothing is set in stone as of right now.

Per Auto Express:

British-born Chris Porritt, Tesla’s vice president for engineering, told us the new small Tesla – expected to be revealed in 2016 for a 2017 launch, and hinted at in our exclusive images – is still in the early stages of development and that nothing is being ruled out.

“We don’t know what type of customer we’re trying to appeal to yet, but we want to speak to more customers… Lots of them!” he said. “We’ve got specific customers for Model S, we have an idea with Model X, but we need to appeal to more people with Model III.

"We want this car to be £30,000 to £35,000 with derivatives which will appeal to all sorts of people. SUVs, estates – who knows?”

On the topic of price, Porrit explains that Tesla is still a long way from being able to achieve the $35,00 target that Musk has announced for the Model 3:

"The type of technology we have now is quite expensive. To enable us to sell Model 3 for a more cost-effective price, we need to take the 
cost of building it down as well."

“We’ve got to be more efficient in the way we build it and we will have to use more cost-effective materials and/or be cleverer with the materials we use.”

After the Model 3, the Roadster may be reincarnated, according to Porrit:

“We may do a Roadster or a sports car again, but at the moment we are on a trajectory to get more volume rather than focus on a specialist product."

Source: Auto Express