Tesla’s entry-level sedan still three years off

Tesla’s eagerly-awaited entry-level electric sedan won’t be ready until 2017, two years later than previous reports had suggested.

“[O]ur mass-market, affordable car is about three years away,” Tesla CEO Elon Musk revealed in an interview with CNN.

Likely to be called the Model E, the new sedan is expected to be similar in size to the BMW 3-Series and to possess a range of up to 200 miles.

Pricing for the sedan will start at roughly $35,000, Musk said.

While Tesla’s design chief, Franz Von Holzhausen, had previously suggested the new four-door could be unveiled as early as the 2015 Detroit show, the 2017 debut date strikes us as a much more realistic timeframe given the continued development work on the Model X midsize crossover.

For all its successes, Tesla is still a relatively small company, one that likely lacks the engineering resources to simultaneously bring both the Model X and Model E to market.

In other future product-related news, Musk stated that the Model X will launch in late 2014 with a price range in the neighborhood of $70,000 – $90,000. A pickup is still on Tesla’s wishlist, Musk added, but it likely won’t arrive for another four or five years.

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