Everything we know about Tesla's next car (TSLA)

Benjamin Zhang/Business Insider

Tesla's most important car is almost here. 

The company's mission has long been to "accelerate the advent of sustainable transport by bringing compelling mass market electric cars to market as soon as possible." Tesla's next car, dubbed the Model 3, brings the company one step closer to that goal. It will be the most affordable Tesla car ever produced.

CEO Elon Musk will show off the Model 3 on March 31. And while Musk has already shared some details regarding the car's price and range, we should learn more about the new vehicle at its big unveiling. 

Until then, here's everything we've learned about the Model 3 so far. 

It will begin pricing at $35,000 before tax incentives.

With federal and state incentives, Bloomberg estimates that the Model 3 could end up costing as little as $25,000 in some states. 

But before tax credits, the Model 3 is even more affordable than General Motor's Chevrolet Bolt EV, which prices at $37,500 before incentives.

This is significant because the Bolt is expected to pose serious competition to the Model 3: GM's car will have a similar range and will launch ahead of the Model 3. 

There will be no Signature Series for the Model 3.

Musk said in February that there will be no Signature Series for the new vehicle, meaning there will be no premium version that requires a greater deposit. 

It won't have as many features as other Tesla cars.

In February, Musk said the Model 3 would not have as many features as previous Tesla vehicles. 

"I'm pretty happy with how that is turning out. We're going to constrain the number of the new features in the Model 3, compared to the Model X, in order to avoid repeating the same mistakes. So with each successive year we will introduce more things into the Model 3, instead of trying to compile it all into one year," Musk said during a Tesla event in Chambourcy, France. 

Musk didn't specify what the company will leave out of the Model 3. However, there's a good chance that the car won't have the Falcon Wing doors featured in the Model X. 

Musk said in October via Twitter that either the Model X or Model Y would have Falcon Wing doors. But given the delays the doors caused with the Model X, there's a good chance we will have to wait to see them on the Model Y.