First year production cars run $80k minimum. Some may be in the $60k range by special order.
The trick is they offer three different battery packs. In other words, you get what you pay for. And guess which battery packs are in test drive cars for the media.
I recall that Tesla once admitted they would have to sell for $100k to break even.
I suspect the whole operation is just a scam.
Well they got a ton of dough from the Fedgov in loans.
They moved into the former GM/Toyota factory in NorCal that had closed -(Pelosi district?).
Yeah follow the money...