Video: The age of the electric car


Electric cars have been dreamed of for decades, but it finally looks like their moment has arrived.

More than 300,000 people have now paid $1000 (NZ$1460) to pre-order a Model 3 Tesla.

The car has a starting price of US$35,000 (NZ$51,000). A tax credit will lower that price to US$27,500 (NZ$40,000).

Once you add on some special features Tesla estimates that the average price will be US$42,000 (NZ$61,000) in the United States.

But there are big challenges for Tesla as it aims to have the first Model 3s roll off the production line late next year.

Watch the video.