Tesla will be affordable finally!! Many people wanted to buy a Tesla but couldn’t because of its price tag of $70,000 will now be able to buy a Tesla.
Tesla will be affordable finally!! Many people wanted to buy a Tesla but couldn’t because of its price tag of $70,000 will now be able to buy a Tesla. The company is gearing up for the launch of its first mass-market car, the Tesla Model 3 beginning at $35,000. According to reports, the car will be launched on March 31st.
Elon Musk, the CEO of Tesla Motors
Tesla Model 3 will be receiving a subsidy from the government after which it should cost around $25,000. The company has faced several issues with the production bottlenecks, but its Gigafactory in Nevada is finally up and running. The company plans to roll out around 1000 Model X per week to reduce the demand-supply gap. Elon Musk, the CEO of Tesla Motors has suggested that they will be selling the fancier versions of the car first in order to recoup the initial investment costs.
“Our default plan as we’ve done in the past is that the initial sales are relatively highly optioned versions of the car, because we’ve got to pay back the investment of the tooling and everything, so it makes sense to have the higher optioned versions first. That’s what we did with the S and obviously again with the X.”
Tesla Model X
The company currently sells Model S which is a sedan and Model X which is a sports utility vehicle (SUV). Model X 90D All-Wheel Drive is powered by a 259 hp motor at the front and a 259 bhp motor at the rear. The SUV accelerates from a standstill to a 100 kmph in 4.9 seconds and it goes on to a top speed of 250 kmph. The estimated range of the vehicle is 414 kms.
Tesla cars, even though powered by electricity are extremely fast and already have an auto-pilot mode which is arguably the most advanced autonomous driving technology currently seen on cars.
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