Bait And Switch? Tesla Says That $35K Base Model 3 You Have A Reservation For Is About 8 Months Away

Bait And Switch? Tesla Says That $35K Base Model 3 You Have A Reservation For Is About 8 Months Away
Elon Musks prediction last July that the Model 3 production hell is coming to an end seems to be ringing true. Tesla is currently in the final month of Q3 2018, and according to Musk in a letter to employees shared last Friday, the company is on the cusp of its “most amazing quarter” yet, as it prepares to build and deliver “more than twice as many cars” as it did in the second quarter.

The catalyst for Tesla’s growth is the Model 3. Dubbed by Elon Musk as a “bet-the-company” vehicle, the Model 3’s success or failure could dictate Tesla’s future. So far, though, the Model 3 has been performing well, being dubbed by auto sales tracking website GoodCarBadCar as the 5th best-selling passenger car in the United States last August. Tesla was able to achieve this despite producing only three variants of the electric car — the Long Range RWD, the Long Range AWD, and the AWD Performance version. The Model 3’s base trim, which is expected to cost $35,000 before any options, is still not being produced.


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HoustonMidtownHoustonMidtown - 9/12/2018 2:09:12 PM
0 Boost
Ha - in 8 months you will have to adjust your Tesla doomsday clock (again) -- you guys are comical


runninglogan1runninglogan1 - 9/12/2018 7:12:06 PM
0 Boost
Wanna bet?


TomMTomM - 9/12/2018 12:13:07 PM
+11 Boost
The soap opera that has been Tesla and Elan Musk is finally heading for a conclusion - one way or another. Now that a timeframe has been set - it will be hard for Tesla to justify any major additional delays.

What we still do not know is whether Tesla can make the Base Model 3 for a profit - or even break even on them - Musk has indicated it cannot yet and new tech would be required.

Musk still has BILLIONS in exposure for his stock manipulation attempt - both personal and corporate since he is the CEO of the company. Wall Street is not going to approve additional funding now - unless maybe real Junk Bonds.

ANd by then - competition from other manufacturers - Audi and Mercedes - is likely to skim off the profitable top of sales too.


EVisNowEVisNow - 9/12/2018 9:06:36 PM
-1 Boost
@TomM: would it bother you if someone refer to you as TamM ? I think you don't intentionally change Musk name to Elan, but please take note, it's Elon Musk. I've seen you making this same error many times.


mre30mre30 - 9/12/2018 12:38:24 PM
+9 Boost
#HailMaryPass
#BlackSwan=BaseRWDModel3=WillItBeSeen?
#Enron2.0
#SaveYourTroubledCarCompanyTheJohnZDeLoreanWay


rockreidrockreid - 9/12/2018 1:41:45 PM
-4 Boost
incorrect. The Federal EV Tax Credit will be $3250 for Tesla. And each individual State program will also be in effect. It won't be until 4th Q 2019 until Tesla and GM's tax credits are gone. What will remain however are the enormous $$$ multi-millionaire Welfare for Wealthy Oil Executives tax writeoffs. Huge oil companies will still be able to write off enormous amounts from their taxes simply for being oil companies. This results in higher profits and more $$$$ Bonus millions to stuff in Executive's bank accounts. The way I see it, if oil company multi-millionaires can stuff their pockets on the taxpayer dime, I can have my similar $7500 welfare too. Smart money.


ColMosbyColMosby - 9/12/2018 4:26:57 PM
+7 Boost
OIl company executives get salaries - any govt subsidies (which are miniscule compared to the elecric car subsidies and renewable power subsidies) go tthe COMPANY, not the CEO. And NO oil company CEO gets the outrageously inflated salary Elon Musk given him by himself and and his relatives who sit on the Tesla Board. Tesla is a sham company, in case you haven't noticed. Nor do all states provide electric car buyers with subsidies - why should they? -electric cars are supposedly cheaper to own (exept Tesla insurance rates are astronomical and repair costs out of this world ($1000 plus labor to replace a failed door handle(!!!) A God damned door handle!!!! One buyer of a used Model S discoveed that all four door handles had been replaced. A slight pain scratch on a fender well - $6800 and 3 man days of labor. Or a slight fender bender - $13,000. Tesla builds non-sustainable crap lke the Model 3 : 4500 out of 5000 cars required repairs coming off the assembly line and the 65% of owners required one or more repairs within the first 30 days of ownership.
Tesla's buyer tax credits drops in half at year's end,then half again for two quarters then half again for two quarters, then gone. States and countries are reducing, not increasing subsidies for electric cars - Ontario just totally eliminated their program. But all those 250 electric car models which will appear during the next several years will get their $7500 Federal tax credit, while Tesla buyers don't. THAT, plus the fact that the competitors that are showing up are superior to anything Tesla can produce is the main reason Tesla will go bankrupt. Tesla is an amateur automaker that can't even run a production line and is getting sued by everyone under the sun.



rockreidrockreid - 9/12/2018 4:58:52 PM
-3 Boost
All of the Federal Tax Breaks given only to Oil Companies means that Profits are higher than without the tax breaks. This is basic Balance Sheet accounting. CEO's and Execs get a large amount of their Bonus pay based on company profits... higher company profits = higher Bonus payouts to Execs, plain and simple. It amazes me how certain people justify giving away tax breaks for millionaire Oil Drilling Execs and refuse to recognize the benefit of the same sort of EV tax breaks for middle class people... hypocrisy at its finest. As for Tesla, they are alone in their mid-tier and upper end market and will be for some time. Benz, BMW, and Audi will all be severely limiting their production numbers of their EV's (some not due on the street for another 2 years) and those that are produced will be optioned-up way past $100k. Count on it.


rockreidrockreid - 9/12/2018 4:58:52 PM
-2 Boost
All of the Federal Tax Breaks given only to Oil Companies means that Profits are higher than without the tax breaks. This is basic Balance Sheet accounting. CEO's and Execs get a large amount of their Bonus pay based on company profits... higher company profits = higher Bonus payouts to Execs, plain and simple. It amazes me how certain people justify giving away tax breaks for millionaire Oil Drilling Execs and refuse to recognize the benefit of the same sort of EV tax breaks for middle class people... hypocrisy at its finest. As for Tesla, they are alone in their mid-tier and upper end market and will be for some time. Benz, BMW, and Audi will all be severely limiting their production numbers of their EV's (some not due on the street for another 2 years) and those that are produced will be optioned-up way past $100k. Count on it.


rockreidrockreid - 9/12/2018 4:58:52 PM
-2 Boost
All of the Federal Tax Breaks given only to Oil Companies means that Profits are higher than without the tax breaks. This is basic Balance Sheet accounting. CEO's and Execs get a large amount of their Bonus pay based on company profits... higher company profits = higher Bonus payouts to Execs, plain and simple. It amazes me how certain people justify giving away tax breaks for millionaire Oil Drilling Execs and refuse to recognize the benefit of the same sort of EV tax breaks for middle class people... hypocrisy at its finest. As for Tesla, they are alone in their mid-tier and upper end market and will be for some time. Benz, BMW, and Audi will all be severely limiting their production numbers of their EV's (some not due on the street for another 2 years) and those that are produced will be optioned-up way past $100k. Count on it.


ricks0mericks0me - 9/12/2018 5:28:28 PM
0 Boost
rockreid:
Did You Need To Post That 3 Times?
Did You Need To Post That 3 Times?
Did You Need To Post That 3 Times?
as Fotto1 said>>>
Give me a link to these executive welfare checks.


rockreidrockreid - 9/12/2018 5:34:08 PM
-1 Boost
here you go:

https://www.americanprogress.org/issues/green/reports/2016/05/26/138049/it-is-time-to-phase-out-9-unnecessary-oil-and-gas-tax-breaks/


MDarringerMDarringer - 9/12/2018 6:25:49 PM
+5 Boost
Shouldn't the people on the waiting list have been the first to get their cars?


vdivvdiv - 9/12/2018 8:30:07 PM
-1 Boost
They had their chance to order one, all 5 minutes of it, have chosen not to.


carloslassitercarloslassiter - 9/12/2018 11:31:33 PM
0 Boost
Wait a minute. I thought all the genius prognosticators in here said Tesla would be bankrupt 6 months ago?

And now they are predicting bankruptcy 6 months from now? OK. Sure. Got it.


senftsenft - 9/13/2018 5:27:21 AM
+1 Boost
Eight months in Musk time equals 12-24 months in real time.

$35k for an under equipped car is mass market by Musk standards while in the rest of the world has vehicles average $20-25k. Because what's $10-15+ to a billionaire?


skytopskytop - 9/13/2018 8:16:15 PM
+3 Boost
Tesla is a thoroughly DISHONEST business operation. They cannot be trusted and should be avoided.


skytopskytop - 9/13/2018 8:18:56 PM
+2 Boost
What misguided car buyer is going to buy a (Tesla) sedan. The Sedan is DEAD. Only a fool will buy a sedan today.


carloslassitercarloslassiter - 9/13/2018 10:00:05 PM
-1 Boost
What misguided car buyer is going to buy a (Tesla) sedan. The Sedan is DEAD. Only a fool will buy a sedan today.
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What an idiotic comment. Who cares if someone else declares the sedan dead? I drive one. It serves my needs. And frankly if GM and Ford decide to scrap all of their sedans there will be plenty more customers for Tesla.


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