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Tesla Model 3, the electric/semi-autonomous $35K car is

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  • Tesla Model 3, the electric/semi-autonomous $35K car is

    to be released........shortly Well more likely late 2017 but still a big deal if it lives up to expectations.
    In the history of the automobile, this is definitely something we haven't seen before.

    Tesla has lifted the veil on its most important undertaking: the Model 3, a $35,000 car designed to bring electric vehicles and autonomous driving to the masses. By the looks of it, and the interest it's attracting, it just might succeed.
    On Thursday, Tesla raked in 134,000 reservations, each with a $1,000 deposit. And that was before most people saw the car. A little perspective on those numbers: There are now more reservations for the Model 3 than total sales of all previous Tesla cars combined. If the refundable deposits turn into deliveries, this would represent a $6 billion launch.
    http://www.bloomberg.com/news/articl...up-to-the-hype
    "‎It is easier to build strong children than to repair broken men" - Frederick Douglass

  • #2
    TSLA stocks (kinda pricey) but good to have.

    Trading at about 234.00--but was as high as 285.00.

    Good long term buy! (IMO).
    The only time TRUTH will hurt you...is if you ignore it long enough

    HL

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    • #3
      If all the downpayments translate into a purchase, I heard that will mean a $6B launch for the "3" !
      Peter R

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      • #4
        Yes but the problem is they are loosing on every car. Unlike other things cars need mass market to make money.

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        • #5
          Well this approach was the plan from the start. This Model 3 is intended to become the mass market car.

          Building a car company is no easy feat, there is a reason there has not been a successful US car company in more than 50 years.
          "‎It is easier to build strong children than to repair broken men" - Frederick Douglass

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          • #6
            http://www.theglobeandmail.com/globe...deo1id29491034

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