​Here's what Tesla's coming Model 3 will cost

DETROIT - Tesla Motors says it will reveal its lower-cost Model 3 electric car in March and will start taking orders then.

In a tweet Wednesday, Tesla CEO Elon Musk says the car will start at $35,000, or about half the starting price of its current Model S sedan. Musk said the Model 3 will start production in about two years.

Musk also said deliveries of the Model X SUV -- the company's third vehicle -- will begin Sept. 29. Tesla wouldn't reveal pricing details.

Musk said each trim level of the Model X will be around $5,000 more than the equivalent trim level of the Model S because of the SUV's greater size and complexity.