Tesla Model 3
Last week Tesla unveiled the Model 3. What made the electric car gather a huge amount of hype is the price tag.
Tesla’s are normally fairly high priced, but the Model 3 will be offered at a more reasonable $35,000. Add in the $7,500 in tax credits and you get a net price of $27,500. Although, it is highly likely that only a small portion of Model 3 buyers will be able to claim what remains of Tesla’s 200,000 credits (each manufacture gets 200,000 for all of their electric vehicle sales). In fact there is a good chance that under 10,000 buyers will be able to claim the credit before it is gone for Tesla.
For this price you get a car that is promised to launch from 0-60 mph in 6 seconds and have a battery range of 215 miles per charge. It is no wonder then that within 24 hours of the unveiling that just under 200,000 folks had already reserved a Model 3. With a planned production run of 500,000 cars per year starting in the 2017, that sets the new Tesla up for success.
However, there is one huge problem with the package.