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Starting in 2017, Tesla Motors will start selling a more affordable vehicle model, called the Model 3, since the name Model E couldn't be used.
The Model 3, which will compete in the market against the BMW 3 Series will cost $35,000 and be able to travel nearly 200 miles on a single charge and could be 20 percent smaller than the Model S, Auto Express UK reported.
The Model S is the only car from the company currently on sale, though starting in 2015, the company will start selling the crossover Model X, meaning why Tesla wanted to call the Model 3, the Model E, becomes apparent.
However, billionaire founder and CEO Elon Musk said that Ford wouldn't allow that to happen. "We had the model S for sedan and X for crossover SUV, then a friend asked what we were going to call the third car," he told the site. "So I said we had the model S and X, we might as well have the E."
But that changed after "Ford sued us saying it wanted to use the Model E - I thought this was crazy, Ford's trying to kill sex!"
The electric car manufacturer has been pushing to convince other car companies to follow in their footsteps and back in June, with Musk writing in a blog post that anyone can now use their patents to be put towards electric car technology.
So long as the use is in "good faith," Tesla will not file suit against a company wishing to use their patents.
image courtesy of Dara Kushner/INFphoto.com