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Tesla Model 3 to Cost $35,000, Could Ship in 2017

posted by cmn32480 on Friday September 04 2015, @09:13AM   
from the a-silent-vroom dept.

takyon writes:

Tesla CEO Elon Musk has announced that his company's "mass market sedan", the Model 3, can be pre-ordered in March 2016 for $35,000. The cars will not be available until 2017 at the earliest. From CNBC:

What's taking so long, you ask? Right now, the batteries that would power the Model 3 would cost about as much as the car is slated to. Tesla is building an enormous lithium-ion battery manufacturing facility in Nevada to make its own batteries for far less money — the "Gigafactory" mentioned in Musk's tweet.

Not much more can be revealed about the Model 3 except that, as Musk mentioned cryptically during a Q&A session on Reddit, "It won't look like other cars." What does that mean, exactly? We'll find out in March.

In the meantime, you can order yourself a new Model X — if you have the cash. The entry level model will cost around $5,000 more than a Model S with the same options, Musk wrote in yet another tweet — though you can easily spend well into the six figure range for the "Signature" high-end series.

Tesla customers will begin receiving their Model X "all-electric SUVs" beginning on Sept. 29.

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Original Submission

• Doubt Doubt (Score: 3, Interesting) by halcyon1234 on Friday September 04 2015, @03:53PM

  by halcyon1234 (1082) on Friday September 04 2015, @03:53PM (#232298)

  I call bullshit. Just read the summary. "Tesla is building an enormous lithium-ion battery manufacturing facility in Nevada". A company doing domestic manufacturing? IMPOSSIBLE, I've been told on good authority outsourcing has stolen all jobs. And manufacturing being done without the use of slave labor? IMPOSSIBLE, I've been told that domestic workers, especially (gasp) unionized ones, have literally destroyed the possibility of any poor company making ANY profit. There's no way this article is real.

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  Original Submission [thedailywtf.com]

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• Re:Doubt (Score: 0) by Anonymous Coward on Friday September 04 2015, @04:20PM

  by Anonymous Coward on Friday September 04 2015, @04:20PM (#232311)

  > I've been told that domestic workers, especially (gasp) unionized ones, have literally destroyed the possibility of any poor company making ANY profit.

  It will be a factory of robots. [cleantechnica.com]

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• Re:Doubt (Score: 0) by Anonymous Coward on Friday September 04 2015, @04:41PM

  by Anonymous Coward on Friday September 04 2015, @04:41PM (#232327)

  Rising fuel prices can make local manufacturing competitive.

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• Re:Doubt (Score: 2) by etherscythe on Friday September 04 2015, @05:29PM

  by etherscythe (937) on Friday September 04 2015, @05:29PM (#232344) Journal

  Elon Musk is a big fan of vertical integration. SpaceX and Tesla are both doing as much as possible in-house. It's the old saying "If you want something done right, do it yourself," writ large. Apparently, it works quite well to get companies not directly responsible for the end product out of the chain of waste and inefficiency.

  Too many corner-cutting MBA's killing long-term value at the intermediate supply companies? We all know they're out there - and those salaries have to come from somewhere.

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  "Fake News: anything reported outside of my own personally chosen echo chamber"

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