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Tesla hints at when its $35,000 Model 3 will actually arrive
Business Insider ^ | May. 2, 2018 | Mark Matousek

Posted on 06/17/2018 1:45:35 PM PDT by hlmencken3

Tesla released its first-quarter earnings report on Wednesday, and hinted at when the $35,000 base model of its Model 3 sedan will become available.

In the report, Tesla said it expects to start making around 5,000 Model 3 vehicles per week "in about two months," so around July. After the company reaches that threshold, it said it will make new options available to Model 3 customers. "After achieving a production rate of 5,000 per week, we will begin offering new options such as all-wheel-drive and the base model with a standard-sized battery pack," the company said.

Tesla states on its website that it would roll out the option for the standard battery Model 3 in late 2018, but it was unclear when the company would actually begin production given the delays.

The Model 3, which launched in July, is touted as a more affordable alternative to Tesla's high-end sedan, the Model S, with a $35,000 base price that would make it competitive with mass-market electric vehicles like the Nissan Leaf and Chevy Bolt. But customers who have the option to configure their Model 3 can only purchase the long-range version with rear-wheel drive, which starts at $49,000.

In April, Tesla CEO Elon Musk said the company would likely start producing the dual-motor, all-wheel-drive, version of the Model 3 in July. Musk was responding to a Twitter user who claimed his Model 3 "has been sitting in the configuration for months waiting on" the dual-motor option and asked when Tesla would start producing it.

Tesla had planned to make 5,000 Model 3 vehicles per week by the end of 2017 when it launched the vehicle in July, but it adjusted that goal after making just 2,425 Model 3s during the fourth quarter.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Humor; Travel; Weird Stuff
KEYWORDS: tesla
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"But customers who have the option to configure their Model 3 can only purchase the long-range version with rear-wheel drive, which starts at $49,000."
1 posted on 06/17/2018 1:45:35 PM PDT by hlmencken3
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To: hlmencken3

Does the $35,000 include a fire extinguisher?


2 posted on 06/17/2018 1:46:57 PM PDT by Ken H (Best election ever!)
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To: hlmencken3

If Saint Elon, king of the grifters say’s it is so...it must be true!


3 posted on 06/17/2018 1:48:55 PM PDT by Autonomous User (During times of universal deceit, telling the truth becomes a revolutionary act.)
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To: hlmencken3

This is from May 2.


4 posted on 06/17/2018 1:50:52 PM PDT by Moonman62 (Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
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To: hlmencken3

***Yawn***

Politically correct cars bore me to tears...


5 posted on 06/17/2018 1:51:39 PM PDT by Jim 0216 (MAGA by restoring the Gospel of the Grace of Christ and our Free Constitutional Republic!)
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To: Moonman62

Two snarky comments so far.

The thread is young.


6 posted on 06/17/2018 1:51:48 PM PDT by Moonman62 (Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
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To: Ken H

“Does the $35,000 include a fire extinguisher?”

Over 200,000 gas powered cars self-ignite each year in the US! this is a much higher rate than for electric cars.

Additional gas cars can explode and even the fires are more severe.

Gas cars burning is so common it doesn’t even make the news.


7 posted on 06/17/2018 1:53:15 PM PDT by TexasGator (Z1)
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To: Ken H

I forgot to ask. Do you carry a fire extinguisher in you rolling bomb?


8 posted on 06/17/2018 1:54:38 PM PDT by TexasGator (Z1)
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To: Moonman62
This is from May 2.

Which means Elon has blown a couple more bogus deadlines.

lol

9 posted on 06/17/2018 1:55:13 PM PDT by Fightin Whitey
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To: Jim 0216

“Politically correct cars bore me to tears...”

10.41 in the quarter mile is not boring!


10 posted on 06/17/2018 1:55:47 PM PDT by TexasGator (Z1)
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To: Fightin Whitey

Tesla repaid its government loans nine years early.


11 posted on 06/17/2018 1:56:56 PM PDT by TexasGator (Z1)
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To: TexasGator

Gee, I better go get one.

What is the subsidy now?


12 posted on 06/17/2018 1:59:23 PM PDT by Fightin Whitey
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To: Fightin Whitey

“What is the subsidy now?”

Tesla announced they will soon reach the 200,000 car production number phasing out the tax credits.


13 posted on 06/17/2018 2:01:29 PM PDT by TexasGator (Z1)
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To: TexasGator
Tesla repaid its government loans nine years early.

Tesla buyers also get a $7,500 federal income tax credit and a $2,500 rebate from the state of California. Tesla owners have an average household income of about $320,000.

14 posted on 06/17/2018 2:02:16 PM PDT by Mozzafiato
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To: hlmencken3

Elon Musk: America’s biggest welfare recipient.


15 posted on 06/17/2018 2:02:16 PM PDT by American Quilter (When does the wall start going up?)
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To: Mozzafiato

See my 13.


16 posted on 06/17/2018 2:04:54 PM PDT by TexasGator (Z1)
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To: hlmencken3

But when will it catch fire?


17 posted on 06/17/2018 2:05:01 PM PDT by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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To: mass55th

Over 200,000 gas powered cars self-ignite each year in the US! this is a much higher rate than for electric cars.

Additional gas cars can explode and even the fires are more severe.

Gas cars burning is so common it doesn’t even make the news.


18 posted on 06/17/2018 2:07:39 PM PDT by TexasGator (Z1)
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To: TexasGator
Tesla announced they will soon reach the 200,000 car production number phasing out the tax credits.

Yes, and he missed an already lowered Model 3 production deadline in April, and he is presently firing over 3,000 employess.

That's how all genius car company owners run a company, right?

19 posted on 06/17/2018 2:07:47 PM PDT by Fightin Whitey
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To: hlmencken3

They can make 5000 a week, but can they sell them?


20 posted on 06/17/2018 2:09:49 PM PDT by Blood of Tyrants (The ONLY purpose for gun control is so that one group can force its will on a less powerful group.)
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