Elon Musk reveals Tesla Model 3 UK price

New Tesla expected to have range of around 321km

The Tesla Model 3 will cost £30,000 or less in the UK, CEO Elon Musk has revealed.

Musk shared the pricing detail during the Prince's Trust Leadership Dinner tonight.

Its US tag of $35,000 was already announced, but this is the first time we've heard a UK price for the new electric vehicle.

We know a few bits about the Model 3, which will officially be unveiled in March ahead of deliveries beginning in 2017. It's expected to have a range of 321km or so. Pre-orders will begin after its reveal.

Less expensive than the Model S, the Model 3 is about 20% smaller, too, but will come in both sedan and crossover models.

Hitting the road in a Mercedes-Benz S550


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As the US News Editor, Michelle (Twitter, Google+) keeps her eye on all things tech with particular interest on phones, tablets and finding out who the people are behind the devices. Any phone that can survive a regular (accidental) drop has her vote for best handset. Michelle previously worked covering local news in the Bay Area and has been with TechRadar since July 2012.