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It won't be delivered for more than a year from now, but none the less, fans of Tesla's new economy car have been camping out for that past few days in front of the company's Robson Street showroom downtown.

The new model 3 will be unveiled today and Tesla has begun to take US$1000 deposits in Vancouver this morning when the storefront showroom opened.

The US$35,000 sticker price might not make the Model 3 an economy car but compared with the Model S at Cnd$101,900 it is a bargain at about Cnd$50,000

The Model 3 has been kept tightly under wraps, with only a slihoutted image to tease visitors at Tesla's website.

All that is known for sure is that it will be a sedan.  Tesla CEO Elon Musk has said the 200 miles is the minimum drivers should expect out of the battery's charge. The Model 3 will be a bit smaller than the Model S, about the size of an Audi A4, and will have its own platform separate from other Tesla models.

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