Tesla's model 3 electric car will set you back $42,000

The new'every man' Model 3 Tesla revealed this week for $35,000 may just be technicality, with even the most basic options pushing the price past $40,000. Any options, including a different color, will bump you well over the initially asking price. Outside Tesla's Fremont, California factory, Musk (onstage) showed off the $35,000 base vehicle with a range of 220 miles on a charge that marks a departure from the company's earlier luxury electric cars The Tesla Model 3 cars were all lined up and waiting for their new owners at the company's facility Customers pay $1,000 refundable deposits for the car, which is eligible for tax credits. And that's just the beginning, as Bloomberg's Dana Hull later pointed out in a tweet: 'So if you want a Model 3 in a color besides black with longer range battery, options and autopilot you are looking at $58K.' Tesla CEO Elon Musk said Friday the Model 3 had over half a million advance reservations as he handed over the first 30 to employee buyers. Outside Tesla's Fremont, California factory, Musk showed off the $35,000 base vehicle with a range of 220 miles on a charge that marks a departure from the company's earlier luxury electric cars.