Tesla to begin selling lower-cost Model three car on Friday – CBS News
Tesla to embark selling lower-cost Model three car on Friday
Tesla CEO Elon Musk said his company’s lower-priced Model three electrified car will go on sale on Friday.
Musk wrote on Twitter on Monday that the company was two weeks ahead of schedule.
The car is to commence around $35,000 and with a $7,500 federal electrical car tax credit, could cost $27,500. Tesla says the five-seat car will be able to go two hundred fifteen miles (133 kilometers) on a single charge and will be sporty, accelerating from zero to sixty miles per hour in under six seconds. Tesla’s other models retail for more than twice the base price of the Model Three, and cost more than $130,000.
Musk had said that production was on track to begin in July, but Tesla has often faced delays in getting vehicles to market. The Palo Alto, California-based company aims to make Five,000 Model three sedans per week by the end of this year and Ten,000 per week in 2018.
Model three passed all regulatory requirements for production two weeks ahead of schedule. Expecting to accomplish SN1 on Friday
Tesla hasn’t said how many people have put down $1,000 refundable deposits for the Model Trio, but Musk has said people who put down a deposit now won’t get a car until the end of 2018, suggesting it could be close to 500,000.
Whether Tesla can meet its production goals is an open question. Its last fresh vehicle, the Model X SUV, was delayed almost eighteen months. Musk says the Model three is much simpler to make, but 14-year-old Tesla has no practice producing and selling vehicles in high volumes. Tesla made just 84,000 cars last year. Thicker rivals like General Motors, Volkswagen and Toyota routinely sell around ten million vehicles per year.
Even if the Model three is on time, servicing all those vehicles will still be a challenge. Model S and Model X owners are already worried about having to share Tesla’s company-owned charging stations with an influx of fresh cars. And while Tesla is promising to increase its network of stores and service centers by thirty percent this year, it began two thousand seventeen with just two hundred fifty service centers worldwide. That leaves many potential owners miles from a service center.
Tesla investing in fresh solar initiative
Tesla is investing in a fresh solar initiative. CNET editor Dan Ackerman joins CBSN to discuss Elon Musk’s newest ambitions in the tech world.
Musk has said a fresh fleet of mobile service trucks will be deployed to help customers who are far from service centers. Tesla also plans to dual its global high-speed charging points to Ten,000 by the end of this year and increase them by another fifty percent-100 percent in 2018.
Until recently, Tesla possessed the market for fully-electric vehicles that can go two hundred miles (324 kilometers) or more on a charge. But that’s switching. GM hit Tesla to the mass market with the Chevrolet Bolt, a $36,000 car that goes two hundred thirty eight miles (about two hundred kilometers) per charge. Audi plans to introduce an electrified SUV with three hundred miles (486 kilometers) of range next year; Ford will have one by 2020. Volkswagen plans more than thirty electrical vehicle models by 2025.
Automotive competitors like Mercedes and Volvo – not to mention tech companies like Google and Uber – can also match Tesla’s efforts to develop self-driving vehicles. And they have deeper pockets. Tesla has had only two profitable quarters in its seven years as a public company.
Tesla to begin selling lower-cost Model three car on Friday – CBS News
Tesla to embark selling lower-cost Model three car on Friday
Tesla CEO Elon Musk said his company’s lower-priced Model three electrical car will go on sale on Friday.
Musk wrote on Twitter on Monday that the company was two weeks ahead of schedule.
The car is to embark around $35,000 and with a $7,500 federal electrical car tax credit, could cost $27,500. Tesla says the five-seat car will be able to go two hundred fifteen miles (133 kilometers) on a single charge and will be sporty, accelerating from zero to sixty miles per hour in under six seconds. Tesla’s other models retail for more than twice the base price of the Model Three, and cost more than $130,000.
Musk had said that production was on track to embark in July, but Tesla has often faced delays in getting vehicles to market. The Palo Alto, California-based company aims to make Five,000 Model three sedans per week by the end of this year and Ten,000 per week in 2018.
Model three passed all regulatory requirements for production two weeks ahead of schedule. Expecting to finish SN1 on Friday
Tesla hasn’t said how many people have put down $1,000 refundable deposits for the Model Three, but Musk has said people who put down a deposit now won’t get a car until the end of 2018, suggesting it could be close to 500,000.
Whether Tesla can meet its production goals is an open question. Its last fresh vehicle, the Model X SUV, was delayed almost eighteen months. Musk says the Model three is much simpler to make, but 14-year-old Tesla has no practice producing and selling vehicles in high volumes. Tesla made just 84,000 cars last year. Thicker rivals like General Motors, Volkswagen and Toyota routinely sell around ten million vehicles per year.
Even if the Model three is on time, servicing all those vehicles will still be a challenge. Model S and Model X owners are already worried about having to share Tesla’s company-owned charging stations with an influx of fresh cars. And while Tesla is promising to increase its network of stores and service centers by thirty percent this year, it began two thousand seventeen with just two hundred fifty service centers worldwide. That leaves many potential owners miles from a service center.
Tesla investing in fresh solar initiative
Musk has said a fresh fleet of mobile service trucks will be deployed to help customers who are far from service centers. Tesla also plans to dual its global high-speed charging points to Ten,000 by the end of this year and increase them by another fifty percent-100 percent in 2018.
Until recently, Tesla wielded the market for fully-electric vehicles that can go two hundred miles (324 kilometers) or more on a charge. But that’s switching. GM strike Tesla to the mass market with the Chevrolet Bolt, a $36,000 car that goes two hundred thirty eight miles (about two hundred kilometers) per charge. Audi plans to introduce an electrified SUV with three hundred miles (486 kilometers) of range next year; Ford will have one by 2020. Volkswagen plans more than thirty electrified vehicle models by 2025.
Automotive competitors like Mercedes and Volvo – not to mention tech companies like Google and Uber – can also match Tesla’s efforts to develop self-driving vehicles. And they have deeper pockets. Tesla has had only two profitable quarters in its seven years as a public company.
© two thousand seventeen The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.
Tesla to commence selling lower-cost Model three car on Friday – CBS News
Tesla to embark selling lower-cost Model three car on Friday
Tesla CEO Elon Musk said his company’s lower-priced Model three electrical car will go on sale on Friday.
Musk wrote on Twitter on Monday that the company was two weeks ahead of schedule.
The car is to embark around $35,000 and with a $7,500 federal electrified car tax credit, could cost $27,500. Tesla says the five-seat car will be able to go two hundred fifteen miles (133 kilometers) on a single charge and will be sporty, accelerating from zero to sixty miles per hour in under six seconds. Tesla’s other models retail for more than twice the base price of the Model Three, and cost more than $130,000.
Musk had said that production was on track to commence in July, but Tesla has often faced delays in getting vehicles to market. The Palo Alto, California-based company aims to make Five,000 Model three sedans per week by the end of this year and Ten,000 per week in 2018.
Model three passed all regulatory requirements for production two weeks ahead of schedule. Expecting to accomplish SN1 on Friday
Tesla hasn’t said how many people have put down $1,000 refundable deposits for the Model Trio, but Musk has said people who put down a deposit now won’t get a car until the end of 2018, suggesting it could be close to 500,000.
Whether Tesla can meet its production goals is an open question. Its last fresh vehicle, the Model X SUV, was delayed almost eighteen months. Musk says the Model three is much simpler to make, but 14-year-old Tesla has no practice producing and selling vehicles in high volumes. Tesla made just 84,000 cars last year. Fatter rivals like General Motors, Volkswagen and Toyota routinely sell around ten million vehicles per year.
Even if the Model three is on time, servicing all those vehicles will still be a challenge. Model S and Model X owners are already worried about having to share Tesla’s company-owned charging stations with an influx of fresh cars. And while Tesla is promising to increase its network of stores and service centers by thirty percent this year, it began two thousand seventeen with just two hundred fifty service centers worldwide. That leaves many potential owners miles from a service center.
Tesla investing in fresh solar initiative
Musk has said a fresh fleet of mobile service trucks will be deployed to help customers who are far from service centers. Tesla also plans to dual its global high-speed charging points to Ten,000 by the end of this year and increase them by another fifty percent-100 percent in 2018.
Until recently, Tesla wielded the market for fully-electric vehicles that can go two hundred miles (324 kilometers) or more on a charge. But that’s switching. GM hammer Tesla to the mass market with the Chevrolet Bolt, a $36,000 car that goes two hundred thirty eight miles (about two hundred kilometers) per charge. Audi plans to introduce an electrified SUV with three hundred miles (486 kilometers) of range next year; Ford will have one by 2020. Volkswagen plans more than thirty electrical vehicle models by 2025.
Automotive competitors like Mercedes and Volvo – not to mention tech companies like Google and Uber – can also match Tesla’s efforts to develop self-driving vehicles. And they have deeper pockets. Tesla has had only two profitable quarters in its seven years as a public company.
© two thousand seventeen The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.
Tesla to begin selling lower-cost Model three car on Friday – CBS News
Tesla to begin selling lower-cost Model three car on Friday
Tesla CEO Elon Musk said his company’s lower-priced Model three electrical car will go on sale on Friday.
Musk wrote on Twitter on Monday that the company was two weeks ahead of schedule.
The car is to commence around $35,000 and with a $7,500 federal electrified car tax credit, could cost $27,500. Tesla says the five-seat car will be able to go two hundred fifteen miles (133 kilometers) on a single charge and will be sporty, accelerating from zero to sixty miles per hour in under six seconds. Tesla’s other models retail for more than twice the base price of the Model Three, and cost more than $130,000.
Musk had said that production was on track to embark in July, but Tesla has often faced delays in getting vehicles to market. The Palo Alto, California-based company aims to make Five,000 Model three sedans per week by the end of this year and Ten,000 per week in 2018.
Model three passed all regulatory requirements for production two weeks ahead of schedule. Expecting to accomplish SN1 on Friday
Tesla hasn’t said how many people have put down $1,000 refundable deposits for the Model Three, but Musk has said people who put down a deposit now won’t get a car until the end of 2018, suggesting it could be close to 500,000.
Whether Tesla can meet its production goals is an open question. Its last fresh vehicle, the Model X SUV, was delayed almost eighteen months. Musk says the Model three is much simpler to make, but 14-year-old Tesla has no practice producing and selling vehicles in high volumes. Tesla made just 84,000 cars last year. Fatter rivals like General Motors, Volkswagen and Toyota routinely sell around ten million vehicles per year.
Even if the Model three is on time, servicing all those vehicles will still be a challenge. Model S and Model X owners are already worried about having to share Tesla’s company-owned charging stations with an influx of fresh cars. And while Tesla is promising to increase its network of stores and service centers by thirty percent this year, it began two thousand seventeen with just two hundred fifty service centers worldwide. That leaves many potential owners miles from a service center.
Tesla investing in fresh solar initiative
Musk has said a fresh fleet of mobile service trucks will be deployed to help customers who are far from service centers. Tesla also plans to dual its global high-speed charging points to Ten,000 by the end of this year and increase them by another fifty percent-100 percent in 2018.
Until recently, Tesla wielded the market for fully-electric vehicles that can go two hundred miles (324 kilometers) or more on a charge. But that’s switching. GM hit Tesla to the mass market with the Chevrolet Bolt, a $36,000 car that goes two hundred thirty eight miles (about two hundred kilometers) per charge. Audi plans to introduce an electrified SUV with three hundred miles (486 kilometers) of range next year; Ford will have one by 2020. Volkswagen plans more than thirty electrified vehicle models by 2025.
Automotive competitors like Mercedes and Volvo – not to mention tech companies like Google and Uber – can also match Tesla’s efforts to develop self-driving vehicles. And they have deeper pockets. Tesla has had only two profitable quarters in its seven years as a public company.
© two thousand seventeen The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.