The wait for the Tesla Model 3, the company's long-promised inexpensive, long range all-electric car has been excruciating...has it really been almost a decade since CEO Elon Musk foretold of his plan for the 3?

The first 30 Tesla Model 3s were given out Friday, July 28th!

The first 30 Tesla Model 3s were given out Friday, July 28th!

With that said, the wait ended Friday night, as Tesla gave over the keys to some 30 Model 3s to anxious owners from its Fremont, California production facility.  (Watch the event here, or at bottom of this story))

And when it was all over, Tesla put out all the pricing and specs we have been waiting for!

The base Tesla Model 3 was confirmed to have a price of $35,000 - which nets 220 miles of range (EPA estimate), a 0-60 time of 5.6 seconds and a top speed of 130 MPH - with deliveries to start in the Fall/November 2017.

Adding the "Long Range" battery option moves first deliveries up to this month (so we assume all the cars given out tonight have this option), adds $9,000 to the price, but bumps range up to 310 miles, lowers the 0-60 MPH time to 5.1 seconds, and bumps the top speed to 140 MPH - a pretty good deal from $44,000 we would say!

There was no word on the AWD versions of the Model 3, but one expects those offerings to add a little more performance on top, as well as slightly higher range abilities.

Model 3 all-wheel drive production is estimated to get underway in late 2017/early 2018.

Tesla Model 3 Delivery Party!

Tesla Model 3 Delivery Party!

And of course we know everyone wants to see the interior up close!

Tesla Model 3 Interior - Here It Is!

Tesla Model 3 Interior - Here It Is!

Another look inside the Tesla Model 3

Another look inside the Tesla Model 3

Gallery (below):  More from inside the Tesla Model 3!

Tesla says of the Model 3:

"Model 3 is a smaller, simpler and a more affordable electric car. Designed and built as the world’s first mass-market electric vehicle, it is a critical step in Tesla’s mission to accelerate the world’s transition to sustainable energy.

Tesla on stage about to handover the keys to the first 30 Model 3 owners!

Tesla on stage about to handover the keys to the first 30 Model 3 owners!

Like every Tesla vehicle, Model 3 combines range, performance, safety and technology. Intelligent design maximizes interior space to comfortably fit five adults and all of their gear. The high-efficiency powertrain provides zero to 60 mph acceleration in as little as 5.1 seconds.

Model 3 is designed to achieve the highest safety ratings in every category. Combined with 220* to 310 miles of range and a starting price of $35,000 before incentives, Model 3 is Tesla’s most affordable vehicle yet.

Model 3 is currently in production, and deliveries to employee reservation holders began on July 28, 2017 at the Tesla Factory in Fremont, CA. Reservations for Model 3 first opened on March 31, 2016 and remain available today."

Tesla Model 3 from $35,000

Tesla Model 3 from $35,000

And as one can see from the Model 3 event Friday, Tesla is forecasting a S-Curve in production for the rest of 2017:

Tesla Model 3 production for 2017

Tesla Model 3 production for 2017

Full Tesla Model 3 spec list:

STANDARD EQUIPMENT

Price - $35,000

Standard Battery

  • Range: 220 miles (EPA estimated)
  • Supercharging rate: 130 miles of range per 30 minutes
  • Home charging rate: 30 miles of range per hour (240V outlet, 32A)
  • Deliveries begin: Fall 2017
Performance
  • 0-60 mph: 5.6 seconds
  • Top speed: 130 mph

Definitely the youngest attendee, our own Bria Loveday who was on stage earlier to announce the winner of the fan-made Tesla commercial competition!

Definitely the youngest attendee, our own Bria Loveday who was on stage earlier to announce the winner of the fan-made Tesla commercial competition!

Interior

  • 15” touchscreen display
  • Dual zone climate control system
  • FM/Internet streaming radio
  • Textile seating
  • Front center console with open storage and two USB ports
Convenience
  • Onboard maps and navigation
  • Wi-Fi and LTE internet connectivity
  • Keyless entry and remote climate control using the Tesla app
  • Voice activated controls
  • Bluetooth hands-free calling and media streaming
  • 60/40 split folding rear seat to maximize cargo options
  • Back-up camera
  • Auto dimming rear-view mirror
  • One-touch power windows throughout
  • Power-adjustable side mirrors
  • 12-volt power outlet
Safety
  • Full LED exterior lighting
  • Eight cameras, forward radar and twelve ultrasonic sensors enabling active safety technologies including collision avoidance and automatic emergency braking
  • Six front row and two side curtain airbags
  • Three-point safety belts with belt-reminders for driver and four passengers
  • Two LATCH (Lower Anchors and Tethers for Children) attachments in second row
  • Electronic stability and traction control
  • Four-wheel antilock disc brakes with electronic parking brake
  • Child safety locks
  • Anti-theft alarm system
  • Tire pressure monitoring system
Warranty
  • Vehicle: 4 year, 50,000 mile limited warranty
  • Battery warranty: 8 year, 100,000 mile (120,000 mile with Long Range Battery)
It's S, E, X on a bridge (don't blame us, it's Tesla pun with the naming convention)

OPTIONS

Long Range Battery - $9,000

  • Range: 310 miles
  • Supercharging rate: 170 miles of range per 30 minutes
  • Home charging rate: 37 miles of range per hour (240V outlet, 40A)
  • 0-60 mph: 5.1 seconds
  • Top speed: 140 mph
  • Deliveries begin: July 2017
Paint
  • Solid Black: Standard
  • Midnight Silver Metallic: $1,000
  • Deep Blue Metallic: $1,000
  • Silver Metallic: $1,000
  • Pearl White Multi-Coat: $1,000
  • Red Multi-Coat: $1,000
Wheels
  • 18” Aero: Standard
  • 19” Sport: $1,500

First 50 Tesla Model 3s from the event launch on July 28th, 2017

First 50 Tesla Model 3s from the event launch on July 28th, 2017

Premium Upgrades Package - $5,000 Upgraded interior with additional features and premium materials.

  • Premium heated seating and cabin materials throughout, including open pore wood décor and two rear USBs
  • 12-way, power adjustable front seats, steering column and side mirrors, with custom driver profiles
  • Premium audio system with more power, tweeters, surround speakers and subwoofer
  • Tinted glass roof with ultraviolet and infrared protection
  • Auto dimming, power folding, heated side mirrors
  • LED fog lamps
  • Center console with covered storage and docking for two smartphones
Enhanced Autopilot - $5,000 Model 3 will match speed to traffic conditions, keep within a lane, automatically change lanes, transition from one freeway to another, exit the freeway and self-park at your destination.

Additional features will roll out over time through software updates.

Full Self-Driving Capability - $3,000 (requires Enhanced Autopilot) In the future, Model 3 will be capable of conducting trips with no action required by the person in the driver’s seat.

This feature is dependent upon extensive software validation and regulatory approval, which may vary by jurisdiction.

Tesla Model 3 has arrived!

Tesla Model 3 has arrived!

VEHICLE SPECIFICATIONS

Dimensions & Weight

  • Length: 184.8”
  • Width: 72.8” (76.1” with mirrors folded)
  • Height: 56.8”
  • Wheelbase: 113.2”
  • Track (wheel center): 62.2” front and rear
  • Ground clearance: 5.5”
  • Head room, standard: 39.6” front row, 37.7” second row
  • Head room, glass roof: 40.3” front row, 37.7” second row
  • Leg room: 42.7” front row, 35.2” second row
  • Shoulder room: 56.3” front row, 54.0” second row
  • Hip room: 53.4” front row, 52.4” second row
  • Seating capacity: 5 adults
  • Luggage capacity: 15 cubic feet
  • Curb weight:
    • 3549 lbs. (Model 3)
    • 3814 lbs. (Model 3 Long Range)
  • Weight distribution:
    • 47% front, 53% rear (Model 3)
    • 48% front, 52% rear (Model 3 Long Range)
Body
  • Hybrid steel/aluminum body
  • Drag coefficient of 0.23
Chassis
  • Double wishbone, virtual steer axis front suspension with coil over twin-tube shock absorbers and stabilizer bar
  • Independent multi-link rear suspension with twin-tube shock absorbers and stabilizer bar
  • Variable ratio, speed sensitive electronic power steering
  • Electromechanically boosted four wheel anti-lock disc brakes with electronic brake force distribution
  • 18” Aero or 19” Sport wheels with all-season tires
Standard Accessories
  • 240 volt NEMA 14-50 adapter
  • 120 volt NEMA 5-15 adapter
  • J1772 public charging adapter
  • 20 foot mobile connector with storage bag

Video (below):  Livestream of Tesla Model 3 delivery party:

Another Tesla graphic on Model 3 production:

Some Tesla Model 3 production S-Curve action (via Tesla)

Some Tesla Model 3 production S-Curve action (via Tesla)