4 First Thoughts on Tesla's Game-Changing Model 3

As I'm sure you've heard by now, Tesla (NASDAQ: TSLA) finally took the wraps off its new Model 3 sedan on Friday night. It's a huge moment for the company: The hope is that the Model 3 will become Tesla's first high-volume product, pushing its annual sales well into six figures.

I'll leave the full rundown to my fellow Fool Daniel Sparks, who has all the details on the new baby Tesla. Instead, here are four initial thoughts about the Model 3 that stood out for this Fool after Tesla's big launch event.

There's no extra charge for black paint on the Model 3. But any other color, including this attractive blue, will cost $1,000 extra. Image source: Tesla Motors.

Source: Fool.com