TESLA WOULD 'DIE' IF IT MADE ENTRY-LEVEL MODEL 3 NOW
Elon Musk, outspoken Tesla CEO, has confirmed the company's precarious financial situation is the reason it can't build the entry-level Tesla Model 3 at the moment.
Responding to a question posed on Twitter by Ivaylo Ivanov, Musk replied, "Shipping min cost Model 3 right away wd cause Tesla to lose money & die".
"Need 3 to 6 months after 5k/wk to ship $35k Tesla & live," he concluded.
Clearly those interested in buying an entry-level Model 3 would like to have their cars sooner rather than later, but the timing of when these vehicles become available has a financial angle too.
Tesla is rapidly approaching its 200,000th EV sold in the US. When it reaches that milestone, the US federal tax credit of US$7500 ($9980) begins to slowly wind down over a number of quarters before disappearing completely...
https://www.caradvice.com.au/651074/tesla-entry-level-model-3/
- Forums
- Science & Medicine
- Tesla Model 3
TESLA WOULD 'DIE' IF IT MADE ENTRY-LEVEL MODEL 3 NOW Elon Musk,...
-
- There are more pages in this discussion • 98 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
P.HOTC
HotCopper
Don Currie, CEO
Don Currie
CEO
Previous Video
Next Video
SPONSORED BY The Market Online