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Tesla To Unveil Its $35,000 Model 3 In March 2016

An anonymous reader with the news, as reported by Ars Technica, BGR, the WSJ, and more, that Tesla, in the course of the company's most recent earnings call, has announced plans to show off its much-anticipated Model 3 in March, 2016, and somewhat more tentative plans for actual availability; "late 2017" might be optimistic, but it's a start. You can listen to the whole earnings call here. Other bits gleaned from this call include a "late summer" planned delivery for the Model X SUV, and the fact that the PowerWall household battery is sold out until the middle of next year.

8 of 318 comments (clear)

  1. While not as cool, I can afford an Elio by WillAdams · · Score: 4, Informative

    Here's to hoping that they actually go into production:

    http://www.eliomotors.com/

    --
    Sphinx of black quartz, judge my vow.
  2. Re:Does This Make Sense? by mbkennel · · Score: 4, Informative

    | Please someone who understands the 2nd Law of Thermodynamics better than I, tell me how I am wrong.

    Centralized generators run more efficient thermodynamic cycles than internal combustion engines which need to emit a widely varying power output over short time periods.

    Centralized generators often run on hydroelectric and natural gas, which produce less emissions than coal or petroleum, and a few are solar, nuclear and wind-powered which have no emissions.

    The end-to-end comparisons have been done with quantitative accuracy and show advantages to electric vehicles in many situations. You are hardly the first person to think of this consideration.

  3. Re:How do you *lose* money selling it at 75K a pop by mspohr · · Score: 4, Informative

    Their gross profit per car is about 28% (i.e. about $25,000 per car).
    The company lost money because it is spending everything it makes on new factories (Gigafactory, etc.) and developing new models (X, 3).

    --
    I don't read your sig. Why are you reading mine?
  4. Re:Tesla is the new Apple by PRMan · · Score: 4, Informative

    No. It wasn't. I had various smartphones for years before the iPhone came out. It didn't even have apps (at first). You fell for Apple's marketing, which wasn't remotely true.

    --
    Peter predicted that you would "deliberately forget" creation 2000 years ago...
  5. Re:How about some news about toyota and bmw? by Anonymous Coward · · Score: 3, Informative

    Amazon doesn't survive due to selling "zero emissions" credits that it gets from the Californian government to other manufacturers. I'd like to see Tesla make a profit without all the cronyism and end user tax credits.

  6. Re:How about some news about toyota and bmw? by edtice1559 · · Score: 5, Informative

    No, Amazon survives by evading paying sales tax. The difference, of course, is that Amazon actively evades collecting sales tax. Although Tesla takes advantage of the ZEV tax credits, they didn't lobby for them. California originally *required* all car companies to sell a certain % of zero-emission vehicles. A tax credit was provided to make it easy and encourage technology development. None of the exting car manufacturers could achieve that goal. Tesla rose to the challenge. So the law achieved exactly it's purpose. Whether that was a good idea or not is up for debate, but the California legislature set out to create a subsidy that would encourage ZEV sales and the law achieved its purpose. I don't see how we can fault anybody for that. I remember years ago people complaining that they couldn't buy California PZEVs if they didn't live in California. Duh!

  7. Re:Haven't quite got my attention yet by jeti · · Score: 4, Informative

    Why wait for Tesla when you can get a Zero motorcycle?

  8. Re:Upgrade the Gigafactory? by rch7 · · Score: 3, Informative

    The funny thing is, you can get lead-acid batteries that last longer (15 years) and cost less than HALF of what Tesla is selling them for on a kWh basis.

    Where exactly you can get lead batteries that last 15 years if you discharge them daily?
    E.g. Crown 6-100-11 Battery - 12 Volts, 625 Amp-hours. Cost around $2000. Warranty: 1500 cycles to 80% DOD for five years. That is 12*625*.8/1000 = 6 kWh for 4 years only. And it weights 500 pounds, get a forklift to handle it and don't forget service it regularly.