Called the P100D battery pack, Tesla introduces the company's first third-generation battery pack for production vehicles. If all the facts and figures are accurate as per Tesla's statements online, this will be crucial for the success of Model 3.

Some consumers might get lost in context in talks about batteries, but CEO Elon Musk clarified (via Electrek) the key differences between the two and how they work for their technology in a conference call with media just recently:

"People often think that a battery and a battery pack is the same thing, but the technical complexity once you get to do a large number of cells in a pack is very much on the module/pack level. You can think of the cell level as being a chemical engineering problem and the module/pack level as being a mechanical, electrical and software engineering problem."

Tesla Team made it possible to make the battery pack more dense compared to the former July 2015 90kWh pack. It increased by 11 percent with only 4 percent increase in weight.

"It is a pretty big change on the battery module and pack technology. It's a complete redo of the cooling system, which is quite unique to Tesla and that we have been improving on for many years. This new pack is the next version of that. " - Tesla CTO JB Straubel commented.

With Model S P100D being the third fastest accelerating production car ever produced, next to LaFerrari and Porsche 918 Spyder, consumers may expect some amazing feat with the more affordable Model 3, which is still in development.

Currenlty, the Tesla Model 3 price starts at $35,000, and this is before incentives. It can run 215 miles in a single charge, has seating for up to five adults and also has the auto pilot software.

Deliveries will begin late 2017 and Tesla is already accepting reservations for $1,000.