Elon Musk and Tesla's plan to introduce a mass market electric car has been well documented, but now we have more concrete details than ever. Tesla confirmed on Twitter its third generation car will be called the Model 3 and will debut in 2016 before going on sale in 2017

Confirmed: Our Gen III car, due out after Model X, will be named Model 3. http://t.co/PLhUzycSlp pic.twitter.com/noZf17LXre

— Tesla Motors (@TeslaMotors) July 16, 2014

Musk gave even more details in an interview with Auto Express and the Model 3 will be unveiled in 2016 and go on sale in 2017 with a target price of $35,000. The car was previously supposed to be called the Model E, but Tesla lost a trademark battle with Ford over the name. The Model E also would have made a Tesla lineup that spelled S-E-X.

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[via Washington Post