Is the Tesla Model 3 Actually Going To Cost $50,000?

cartechboy writes How low can battery costs go, and how fast? That's the question automakers are dealing with when it comes to the future of electric cars. Tesla is betting big on electric and has already proven many skeptics wrong with its Model S sedan. The company is making even bolder claims with its upcoming Model 3 stating it'll have about 200 miles of range and a base price of $35,000. That's a nice goal, but is it possible. Battery skeptic Menahem Anderman wrote a new report suggesting that the pace of cost reduction for electric car batteries won't be as swift as Tesla's CEO Elon Musk suggests. This leads Anderman to predict the actual price of the upcoming Model 3 will be in the range of $50,000-$80,000.

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No

[Dr J. keeps the nerd]

From the article's conclusion: In the most likely scenario, Anderman writes, “the price of the 2017 new model will be in the range of $50-80K.” The 60-kWh version of today's Tesla Model S large luxury sedan starts at $69,900, with an EPA-rated range of 208 miles. Given that the Model 3 will be a smaller car with one-third less range, using a next-generation battery to be produced in bulk at Tesla's planned gigafactory, that seems rather pessimistic.

Re:More importantly

[bmo]

That battery will NOT last forever,

And neither does an internal combustion engine, either. Your point?

and when it needs a new one you'd be better off scrapping the entire car and buying a new one.

Citation needed. Seriously.

How good is that for the environment?

Awesome, actually. The battery can be recycled, and there aren't any heavy metals to deal with either.

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BMO

Re:Maybe 40k

[ArcadeMan]

But the entire world's projected number of electric vehicles in 2020 depends on the price of electric cars and their batteries.

I'm also assuming those projected numbers came out the ass of MBAs.