Tesla launches its most affordable car yet: Firm finally unveils $35,000 base version of its Model 3

Tesla has adds a $35,000 sedan to its Model 3 line-up.

CEO Elon Musk has been promising the mass market price tag since the firm first unveiled the Model 3 back in 2016, but has struggled to hit that goal in the time since.

But, just last month Musk said he hoped the lowest price version would be here before the end of the year.

After the CEO teased an announcement in a series of cryptic tweets earlier this week, the electric car-maker quietly added a Standard Range Model to its online shop, starting at $35,000 before savings, the Daily Mail reports.

To test drive, potential buyers can rent it and return it after seven days or after driving 1,000 miles. 

The firm suspended orders on its website ahead of its mysterious announcement this evening, and promised 'great things are launching.'

And just yesterday, the company’s eccentric CEO sent his Twitter followers into a frenzy when he posted that he would be sharing ‘some Tesla news’ on Thursday. 

Rather than a well-publicized announcement, however, Tesla simply re-opened its Model 3 orders at 5 p.m. ET to reveal a new option: a $35,000 standard range vehicle, which tops out at about 220 miles. 

With the standard interior, this works out to be just $24,950 after savings, according to the firm. 

The base model will achieve a top speed of 130 miles per hour, with 0-60mph acceleration in 5.6 seconds. Orders are now open. 

Tesla is also offering the Model 3 Standard Range Plus, which boasts a 240-mile range and a top speed of 140mph.