Tesla Motors’ upcoming entry-level electric sedan may be able to drive up to 250 miles on a single charge.

The Tesla Model 3 will have a driving range of “at least 250 miles,” The Times-Picayune reported CEO Elon Musk and co-founder J.B. Straubel as saying. The pair commented on the Model 3 while addressing utility executives earlier this week at the annual convention for the Edison Electric Institute.

During the speech, Musk and Straubel reiterated that the Model 3 will be priced around $35,000 with deliveries setModel_3_rendering for 2017.

Though little is known on the technical specifications of the Model 3, estimates for the sedan’s range had been closer to 200 miles. If the Model 3 achieves a 250-mile rating, it will rank just above the 2015 Model S 70D, which is rated at 240 miles. And the Model 3 will be able to deliver its 200+ mile range for about $23,000 less than the Model S.

SEE ALSO: Tesla Model 3 Release Date Set

It’s important to keep in mind that an EPA rating for electric range doesn’t directly transfer to a vehicle’s “real world” abilities, as Musk himself as noted.

“Two hundred miles is minimum threshold for an electric car. We need 200-plus miles in real world. Not 200 miles in ‘AC off, driving on flat road’ mode,” said Musk during a Q&A session following Tesla’s 6.2 software update.