As New Car Prices Soar, Tesla Model 3 Really Is An Affordable Alternative
The new Tesla Model 3 SR is now less expensive to buy and less expensive to own than the average new car. If that is so, why are analysts saying Tesla has a demand problem?
The new Tesla Model 3 SR is now less expensive to buy and less expensive to own than the average new car. If that is so, why are analysts saying Tesla has a demand problem?
Thursday, February 28, 2019, after markets closed: After creating a lot of anticipation with some cryptic tweets, Tesla announced the base Model 3 and a new, more reasonable, pricing structure. The big question for all of us was, how did Tesla get production costs down enough to offer the $35,000 base model? Short answer: it didn’t. Let us look at the new prices first.
Tesla just officially announced that it is opening up ordering for the Standard Range Model 3 today, following a brief Twitter tease about a big announcement today at 2pm Pacific.
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.
Road trips are the final frontier for electric cars to totally outshine combustion-engine vehicles (gas/diesel cars). Already clearly a better technology than combustion vehicles in every other respect, of all the electric cars currently on the market, only Tesla so far provides truly compelling road trip ready offerings. This is an area that other carmakers need to pay much more attention to if they have a hope of ever competing with Tesla’s stratospheric demand and world-leading EV sales volume.
After the Q4 earnings call yesterday, Tesla began notifying Model 3 reservation holders that they may have to wait another 6 months or more to get their cars. It that a bomb shell or dud? You decide.
BMW, Audi, and Mercedes should be prepped for this, since they’ve already been walloped in the large luxury sedan class. Nonetheless, what’s coming is like nothing they could truly prep for. These automakers have been trading wins with each other in various monthly and annual races, but Usain Bolt just came to town and is soon joining the track days.