Tesla's big Model 3 reveal may feature a drivable version of the car

Tesla Model 3 Preview
Tesla Model 3 Preview

(Tesla Motors)

Tesla is gearing up for what may be its biggest debut yet: an entry-level, mass-market electric car known as the Model 3.

Much has been said about the coming $35,000 sedan, and the anticipation is no doubt bubbling over.

The looming reveal helped send Tesla shares up 40% in the past month.

Now that the invitations have gone out, some of the details have started to emerge.

A Bloomberg report suggests the Model 3 that we'll get glimpse of in a couple of weeks will be a working, drivable prototype.

That could be a significant development, since deliveries of the car are not expected until at least late 2017.

If Tesla actually lets people get in and drive the Model 3, that might suggest a production version of the car is closer than we think — and that would be a change for Tesla.

Despite the cult success the electric-car maker and its intrepid CEO have become, the company has a reputation for missing deadlines. The Model S luxury sedan — and the Model X SUV that followed — both rolled off the assembly line years behind schedule.

Tesla will start taking $1,000 deposits for the Model 3 on the night of the debut, March 31.

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