Tesla, now slowly becoming a household name, is yet to release the Model 3. Its launch has been rumored for years now after teased by executives.

The day of reckoning is almost upon us as when we learn what the model 3 is going to be about. Here are some of the things that we know so far.

Rumored to be Tesla's most affordable car with a said price tag of $35,000, the exact amount will depend on your area. It is even said that you can get it for as low as $25,000. From a size standpoint you must be described as a competitor to the 3 series and more recently described as compared to the Audi a4, so a smaller sedan.

The model 3 was always called the model 3, which was initially going to be called the Model E. Surprisingly,Tesla veered away from its usual names like Model S.

In popular opinion, Tesla cares about the technology which is going into the car. They have been exploring next-generation technology through battery technology and exploration autopilot or super tiring technology, we don't know.

Tesla has been one of the early pioneers is getting it to market of self-driving technology is close to autonomous as we can get the autopilot having tried or seen it is something to awe about. The Tesla Model 3 will be released in the later half of 2017.

Here is Tesla revealing the model: