Elon Mask, the company's chief executive, said the five-seat car would be priced at $ 35,000 and could cover at least 346 kilometers without recharging.
He added that he aims to produce about 500 thousand cars annually, after the start of production at the usual pace.
California-based Tesla wants the car to go well if the company goes on.
The first Tesla 3 model is scheduled for release in late 2017 and can be ordered in advance in several countries including Britain, Ireland, Brazil, India, China and New Zealand.
Tesla put 50,000 and 580 cars on the market last year, most of them the S-Class sedan, which overtook the Nissan Leaf as the world's best-selling electric vehicle.
But the company suffered a net loss of $ 889 million for 2015, partly attributable to its spending of $ 718 million on research and development during this period.
Tesla's cash reserves fell from $ 1.9 billion in 2014 to $ 1.2 billion last year.
"There have been long questions about whether Tesla can survive and grow for a long time," said Jessica Caldwell, an analyst at the automotive research site Edmonds.
"For Tesla products that target a certain audience, such as the S-Class and the X-MODEL, they have not achieved any of the sales targets that support their market activity, so launching what the company hopes to become a popular vehicle will show if it can become a company, Mature cars that are able to succeed in the long term and not a company that offers a few excellent cars and then goes bankrupt, as we saw in emerging companies to produce electric cars such as Fisker. "
Spacious car
Passengers will feel that the car is more spacious than other gasoline-powered cars thanks to the decision not to use an internal combustion engine.
"You feel comfortable sitting, and that gives you enough space for five adults to sit in. The back roof area is already a connected glass panel," he said.
"The reason why this car is great is that it gives you a sense of spaciousness, so it is the best fit for any car of this size
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