Tesla CEO Elon Musk has unveiled the highly anticipated Tesla Model 3 car to the masses in the first part of a two part event on March 30th in Los Angeles, California. The event was broadcast in live webcast, which began at the unusual time of 8:30 p.m. PDT. Early reviews are that the energy mogul and modern day Howard Hughes of automobiles has managed what most thought to be impossible. He has made a stylish electric car that is energy efficient, capable of high velocities, and is affordable to the common man.

The design: inside and out

The Tesla Model 3 is sleek with the body of sporty sedan. The smooth lines mesh well with every facet of the car and makes it indistinguishable as an "electric car." The glass roof runs the length of the car from the rear window to the windshield, providing a more roomy experience.

There's also storage now in the front and rear of the car that provides more space than the previous Model S and it still manages to seat 5 passengers. 

The interior design features a rather large 15 inch, horizontal iPad size computer screen. It looks simple and understated but also seems cumbersome because the protruding console is not integrated in the dashboard like most modern cars. Features include Autopilot, where the computer will commandeer your car in the event of an accident, odometer, speedometer, and other standard features. In essence, the console replaces the standard behind the wheel dashboard and integrates all functions into one computer design.

Top Videos of the Day

This is great for those who like technological integration and horrible for those who are wary of a completely computer controlled car with no manual override.

Price, velocity, and energy efficiency

The Tesla Model 3 faces the challenge that all electric cars do. Can it be energy efficient and perform at great speeds? According to Musk, the Model 3 has a 200 mile electric range and can reach 0 to 60 mph in 6 seconds. For comparison, The 2016 Acura MDX goes from 0 to 60 in 5.9 seconds and it is a gas-running, luxury car. So performance-wise, Musk has achieved quite a feat. As for the availability, Musk plans to expand the quantity of Supercharger stations from 3,600 to 7,200 by 2017, when the Model 3 will be released.

However, the price is the feature that has everyone talking. Drivers can own a Model 3 for only $35,000 and they can pre-order a car right now for only $1,000 down. Previous Tesla models easily topped $100,000 so seeing one actually driven on an American street was rare at best.

Currently, 198,000 preorders have been placed since the unveiling of the vehicle. Musk tweeted his excitement about the massive demand today. It's just one more sign that the electric car has arrived and so has Tesla. Part two of the Tesla event is expected to be closer to the rollout of the vehicles and will feature more details about the new car.