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Elon Musk Announces $35,000 Tesla Model 3 Electric Car
Elon Musk has officially unveiled the Tesla Model 3 electric car at the company's facility in Hawthorne, California. The Model 3 is being dubbed as a "mass market affordable car." The base-model Model 3 will be able to travel 0-60MPH in less than 6 seconds, with "versions of the Model 3 that go much faster." In terms of range, it features an EPA range of at least 215 miles per charge. All Model 3's will come standard with autopilot hardware and autopilot safety features. The Model 3 will also fit five adults comfortably, thanks largely in part to the large, rear piece of glass on the roof area. You'll find front and rear trunks, offering more cargo capacity than any cargo gas car with the same external dimensions. Safety is a big concern for Tesla so they've manufactured the Model 3 with a 5 star safety rating in every category. The Model 3 starts at $35,000 with a release date scheduled for 2017. Tesla will take your preorder now for a $1,000 down payment.
I don't need this car because I can use the hyperloop in order to drive to work at the gigafactory in order to afford a journey to the mars colony!
A large percentage of cars sit in the same price range. Most can't afford anywhere near $35,000 in a single payment, but if it's financed, lots of people can. 115,000 already have, according to Musk. It's a good looking car, and good step in the right direction. This one car isn't going to bring electric cars to the poor, but it will enable Tesla to do so in the future.
Thanks. Yeah Elon Musk called me up and said he'd write me a check for ONE MILLION dollars to run this story, because he said he really wanted the Slashdot AC's to hear about his new car, and because he said it wouldn't be covered anywhere else.
Dear person reading the above comment in the future,
Hahaha, yeah, there were really people that thought that way in 2016. The writing was on the wall, though.
Love,
2016
PS: Sorry we weren't timely with the whole 'carbon' thing.
I'll go there. Seriously, how many Americans can truly afford to buy a $35k car?
Don't know, but the average new price of a car is $33560 so with inflation to 2017 it's well... average? And I'm guessing there's somebody buying them so eventually there's cheaper second hand cars on the market. Of course it comes with the range limitations, but from the prices I've looked at tanking up a Tesla is cheaper than a gas guzzler, the value drop-off because of the aging battery is a bit unknown but overall I don't think it should have a higher total cost of ownership. It's not exactly a bargain either but he only needs mass market appeal, not mass market dominance.
I preordered one but that's mostly due to Norway's crazy high tax rates on ICE cars while EVs get a lot of benefits, but I'll see how much of that stays way until 2018, it might help that 2017 is an election year. If not, well it's a reservation so I can still cancel... but just to give you an idea, with our tax incentives the EV market share is about 15% and hybrids 22% and I think the Tesla 3 is a much better price/performance car than the current crop of Nissan Leaf, BMW i3, Renault Zoe and Tesla S that currently make up most of those 15%. It'll sell real well here.
Live today, because you never know what tomorrow brings
This is bases on my x-country trip in my brother's Model S:
With the 4WD option this car is really superb in the snow. The computer can adjust torque on all four wheels completely independently, and the low center of gravity make both acceleration and breaking solid.
Where a Tesla will get you is in the reduced battery capacity. Tesla operates their batteries at 72 +/- 1 deg. F. and it will use power from the battery to maintain that temperature. At some point it gets cold enough that waste energy from motors and battery discharge is not enough to keep the battery at operating temperature and at that point there is a noticeable drop in range. Cold weather also extends charging time because the battery needs to be warmed up before charging.
The spookiest part (from my perspective) is that you could park the car with enough charge to get to the next super charger, have the battery cool off, and end up short of charge. In general a 110 outlet is not enough to charge the car (a full charge at 110 would take 25 hours), but we did plug the car into 110 overnight to keep the system warm. People with engine block heaters will know how this works.
The visibility was decent. A large front windscreen is both a blessing and a curse in rain/ slush. The lane-assist is not a smart option when visibility is poor.
Depending on how and where you drive the car, the biggest issue will be a strong desire to keep the car plugged in when stopped in the cold.
Strive to make your client happy, not necessarly give them what they ask for
It's already been stated many times - but $35k is the average selling price of a car in the US. If that isn't the mark of "affordability"... then what is?
$35k with financing is ~$600 a month. If you look at this advice from Consumer Reports ( http://www.consumerreports.org... ) it says you should be making ~$75k a year to afford this car. $75k for a household is not "rich" in my book. It's "doing well"... but MANY people will be able to "afford" this car.
They said "affordable"... they didn't say "cheap".
And after these five years, I'd expect the range of the car to have dropped 20% or so.
Um, no. I own a vintage 2008 Tesla Roadster, and its range has dropped only about 10% over nearly 8 years. The battery chemistry and durability used by Tesla has only increased since then, so I the Model 3 will do substantially better even than that. Over five years, it might drop 5%. Possibly 10% at the outside, but not anywhere close to 20%.
Weeks of coding saves hours of planning.
"Safety is a big concern for Tesla so they've manufactured the Model 3 with a 5 star safety rating in every category."
They haven't manufactured it at all yet. And they hope to get a 5 star rating. They don't award the starts themselves, so they'll have to do their best and wait and see what happens like anyone else.
http://lkml.org/lkml/2005/8/20/95
Sure, but if you're using it to commute and you have a decent commute, that $624 a month will be more like $424 a month with all the gas you're no longer buying. Lots of people have cars with payments in that range.
Maybe... But to save $200 per month, you need two things to happen...
1. Electricity has to be free... It isn't... it is cheaper than gas to be sure, but it isn't free...
But lets pretend it somehow is...
2. You'd have to drive more than 3,800 miles... a MONTH... to save $200 in gas...
Buy a Ford Fusion, spend half the price ($17,500 buys, after rebates, a nice Ford Fusion that carries 5 people), so end up with a payment of $310 a month.
Combined city/highway is 29 MPG. At $1.50 a gallon for gas, you're spending $1 for every 19.3 miles you drive.
If you average 12,000 miles a year (a reasonable number), that is 33 miles per day. So you're spending about $1.60 per day, or $48 per month in gas.
But keep in mind, if you don't drive at all for a week, go on vacation, get laid off, or change your driving, the payment remains.
Stop driving the Ford and the gas cost goes away.
Also, keep in mind that we assumed that wall power was free. The above numbers are worse in real life for the Tesla because:
1. Electricity isn't free
2. A home charger isn't free
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It is also worth noting that there are many lease programs on the Ford Fusion, I regularly see $199 a month lease deals with nothing due at signing. Just sign and drive.
Now you might say... "but, but, the Tesla isn't a Ford, it is fancy!" Maybe... but is it twice the money fancy? It is a box with 4 wheels that takes 5 people someplace.
They'll sell, but don't kid yourself, it is still expensive.
With "Nobody" you mean the about 33% electric energy, that comes from renewables for instance in Germany, the 80% in Austria and Switzerland and the 90% in Norway?
http://www.greenpeace.org/usa/...
Side note, if you're for Electric Vehicles, don't listen to Clinton and don't vote for her.
She has already gotten $4.5 million from oil and gas companies, and that is the "known" amounts that had to be reported.
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Note: This doesn't mean anyone on the Republican side would be better, you should probably vote for Bernie Sanders.
Yep, tax gas cars enough and provide large enough EV incentives, and people will do that sort of thing...
Doesn't make it a rational market nor mean it will work elsewhere. :)
Purely "rational" / "homo economicus" behaviour is very far away in the mobility market even without EVs:
- Passenger trains are (often) subsidized directly and indirectly by not having to pay full cost for using rails, stations etc.
- Cars are subsidized indirectly by building roads, but taxed directly with sales tax and (often) extra vehicle tax or import tax
- Gasoline is taxed with sales tax and other taxes, but subsidized indirectly by military interventions / protecting shipping lanes
So let's see what your rational mobility decision is in a country without a functioning government to 'distort' the market. My bet is going to be on walking, especially walking away :).
We have solar panels and we're producing more than we need. Bought them in anticipation of an electric car in a few years. In my street, half the houses have solar panels. That's an average street with young families, not a rich neighborhood. Even now that the subsidies have run out, people are still installing them because it takes less than 10 years to recoup the investment and they last about 20 years.
Meanwhile, given the massive interest in solar panels, new technologies are being discovered all the time yielding cleaner production methods with less toxic materials. All of that while at the same time the oil industry is investing in fracking and other extremely polluting methods.
How can you seriously say that we need to continue to burn fuel?
I would say electric cars are more of a status symbol for people who want to pretend they are better than you.
Or people who really like high acceleration and don't need long-range capability. My friends who drive them don't show the attitude you're complaining about.
-jcr
The only title of honor that a tyrant can grant is "Enemy of the State."
Doesn't make it a rational market
Neither does making gas available for cheap and forcing your pollution to others. Still, it's the logic used in most of the world.