Tesla to unveil new model in St. Louis 

An employee cleans a Tesla Model 3 electric vehicle on display at the company's showroom in Newport Beach, California, U.S., on Friday, July 6, 2018.Patrick T. Fallon/Bloomberg via Getty Images
Patrick T. Fallon | Bloomberg | Getty Images
An employee cleans a Tesla Model 3 electric vehicle on display at the company's showroom in Newport Beach, California, U.S., on Friday, July 6, 2018.Patrick T. Fallon/Bloomberg via Getty Images

Tesla, the maker of fully electric cars, will have the first public showing in St. Louis of its new $35,000 "more affordable" family sedan in at the company's University City showroom Friday.

The Model 3, recently named Popular Mechanic's Car of the Year, holds up to 310 miles on a single charge and carries five adults. Its base price comes in lower than Tesla's previous models; the Model S cost about $68,000 and the Model X about $82,500, according to Fortune.

Tesla said they have received nearly a half-million reservations for the new model. The Model 3 also was awarded Design of the Year by Automobile Magazine and designated a "recommended buy" by Consumer Reports.

Read more from the St. Louis Business Journal:

Rental scooters off St. Louis streets — for now

How likely are you to get hacked at Lambert?

MediBeacon raises another $2.1 million in debt offering

Model 3 customers will pay about $15 for a road trip from San Francisco to Los Angeles, about $120 from Los Angeles to New York, Tesla officials said, and are able to charge up at the company's network of charging stations.

The Model 3 will be on display at Tesla St. Louis-University City, 8664 Olive Blvd.

The sedan ranked as the top selling in its class, according to data Tesla culled from reports by other luxury car makers including Mercedes, Audi, BMW and Lexus.