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Tesla Unveils the Model X
An anonymous reader writes with news that Tesla has officially unveiled its Model X SUV. It's their third vehicle, after the Roadster and Model S. Its 90kWh battery provides 250 miles of range, and the vehicle can go from zero to 60 mph in 3.2 seconds. According to Reuters, the high-end versions of the Model X will cost between $132,000 and $144,000, while the base model's pricing is not yet known. The vehicle's doors open upward, and it can have seating for either six or seven passengers, depending on layout. The back row of seats can fold down when not in use. The Model X has automatic emergency braking, a 5,000 pound towing capacity, and a so-called "bioweapon defense mode" for its air circulation system that keeps positive pressure within the cabin.
They're planning on selling a $35K model in around 2-3 years, after their battery factory opens.
Meanwhile, there's no shortage of demand for the existing models.
Back when "The Millionaire Next Door" was written, the author included data from a survey that said the most common car driven by millionaires at that time was a Jeep Grand Cherokee. I think the next most common was a Ford F-150.
But there are a lot of misconceptions about millionaires (people with a net worth of > $1 million). Most are self-made, most are entrepreneurs, most are worth in the single digit millions, etc.
But the overall theme was, these aren't the people you see out there flaunting wealth. Those people are usually not worth anything. People who are really building wealth are not the conspicuous consumers.
Positive cabin pressure. So you can drive it under water right?
Well, one time. Sure.
Pretending this is my office full of bitter coworkers..