Elon Muskovites rejoice, your god is about to bestow another blessing on you. The Tesla Model 3, a newer and more affordable model of the popular electric car, is set to be unveiled tonight at 8:30 p.m. Pacific. You can livestream it on Tesla's website, here. The Model 3 is set to start at around $35,000 for a base model, although it's unclear exactly how loaded the car will be at that price point. Informed estimates say that the average price will be around $46,000, with the car topping out at $70,000 with all available options. The Model 3 will have an estimated range of 225 miles per charge. But Elon Musk won't make you wait to see the car before you can reserve it; pre-orders open at 7:30 p.m., a full hour before the livestream. So, you'll be able to pay $1,000 to get a car sometime late next year, or later if you live outside of the western United States. Musk announced the timing via Twitter.
You can read more about Tesla's plan to ramp up production here at The Verge or at Quartz, but here are the talking points: Tesla plans to start making more, cheaper cars. It's unclear exactly when these cars will be available, but it will probably include a more affordable crossover vehicle. The main thing keeping Tesla from producing a lot of cars (it wants to make 500,000 a year by 2020) is that it can't build enough batteries. If you can't wait for a mid-range electric vehicle, the Chevy Bolt will reportedly be on sale by the end of the year. The Bolt, however, is not manufactured by Tesla, which has established itself as the Apple of car companies in terms of both industry-leading design and a refusal to compromise quality for price.