What Will Tesla Announce At 2PM Pacific Today?
Tesla CEO Elon Musk tweeted out that the company would spill the beans on a big announcement at 2pm on Thursday, February 28th.
Tesla CEO Elon Musk tweeted out that the company would spill the beans on a big announcement at 2pm on Thursday, February 28th.
Trevor over at the Tesla Model 3 Owners Club cut loose with an inside scoop on what the Standard Range Model 3 with the non-premium interior might look like.
The base price of the Model 3 after a fresh new price reduction is $42,900. The price dropped $1,100. Let’s throw some more context on that.
There are now a handful of long-range, semi-affordable electric cars on the market. One of the hottest newcomers is the Kia e-Niro (aka Kia Niro EV). Let’s take a look at its range and price compared to the Tesla Model 3 and Nissan LEAF in the UK.
Sometimes I feel like the boy who cried wolf. On October 12, I wrote an article that you should order a Tesla Model 3 by October 15 or you wouldn’t be guaranteed delivery by year end. Then, on November 11, I wrote about 5 options to still get a Tesla in 2018. Tesla didn’t want that to be the end of the story. As we wrote on November 15, the company secured extra trucking capacity and announced to the world it won’t use rail to ship to the East Coast (since it takes too long and Tesla wouldn’t want you to miss out on getting your Tesla by year end). But that’s not all.
Recognising that Tesla is stealing their lunch, VW Group’s head Herbert Diess has bent the truth well beyond a breaking point in claiming that, by 2020, they will produce EVs that match Tesla’s characteristics but at half the price. VW has already recently revealed the real (and fairly sensible) figures on its most affordable 2020 ID Neo EV, so why now are they grossly exaggerating its price and characteristics, or lying about Tesla’s price? They must be getting desperate.
If the base Tesla Model 3 has a gender, it’s likely female, because the car is as elusive as Botticelli’s painting of Venus. Don’t take me wrong. Anyone who has read my past articles knows I’m a pretty big fan of Tesla. The company, with all its warts, is truly changing the paradigm (a worthy use of the term in this case). It has altered the automotive manufacturing mindset and recast what’s possible in the clean energy space.
Today, I want to update my use of the Edmunds True Cost to Own model to analyze the market for mainstream midsize sedans. I’ll compare the Tesla Model 3 Standard Range to all the leaders in the midsize market today. The short story, as you’ll see if you go through it all, is that the much quicker, safer, and more luxurious Tesla Model 3 can be cost-competitive with the Toyota Camry, Honda Accord, Kia Optima, and Chevy Malibu.