Elon Musk: Tesla’s Model 3 for $ 35,000 currently impossible

Tesla boss Elon Musk has admitted that starting at $ 35,000 base model of the electric cars Model 3 still can not deliver.

October 26, 2018, 7:59 am,

Model 3

Model 3
(Photo: Tesla)

Company boss Elon Musk has affirmedthat Tesla can not deliver the basic version of the electric car Model 3 for $ 35,000 at present. The company is trying to create a new production schedule to fix dates for and international delivery of the model 3.

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During the conference call to Tesla Financial results for the third quarter Musk said, “If we could produce a $ 35,000 car today, we would do it, but there’s work we need to do before to build a $ 35,000 car and achieve a positive gross margin probably less than six months away. “

Tesla said that the “work” that Musk talked about involves efficiency gains in manufacturing and more economies of scale in battery production. If Musk’s assessment is correct, the base model is expected at the end of the first or the beginning of the second quarter of 2019.

Tesla also wants to enable the European customers from the end of 2018 with a reservation for the Model 3, the order function. First deliveries could be made in February and March, Musk estimated. But he did not want to commit himself to that.

Topics Pages:

Tesla Model 3
automobile
electric car
electromobility
Elon Musk
Tesla
technology
science

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