caption Our Tesla Model 3 test car. source Hollis Johnson/Business Insider The Model 3 is Tesla’s first foray into the mass market. The Tesla Model 3 starts at $35,000. However, the smaller battery pack need for the base Model 3 won’t be in production until the end of the year. Currently, only the $44,000 longer range Model 3 is available. Our test car’s as-tested price is $57,500. The Model 3 is packed with really interesting features such as a minimalist interior, advanced infotainment, and Tesla Autopilot. There have been few cars more sought after in recent memory than the Tesla Model 3. It’s Tesla’s first foray into the mass market after dominating the luxury electric vehicle segment for much of the past decade. Recently, Business Insider had the chance to spend a few hours with a brand new Model 3 on the road in and around New York City. … [Read more...] about We drove a $58,000 Tesla Model 3 and were blown away by its minimalistic design and high-tech features. Here’s what else impressed us.
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caption The Tesla Model 3. source Hollis Johnson/Business Insider The Tesla Model 3 and the Chevy Bolt are your two main choices if you’re in the market for an all-electric vehicle with 200-plus-mile range. The Model 3 has a base price of $35,000, and the Bolt has the base price of $37,500, and a $7,500 federal tex credit is available for both. We found that head-to-head, two very different cars wound up in a surprising dead heat. Last year, we were so impressed by the Chevy Bolt that we named it a 2017 Car of the Year runner up. Early this year, we spent some time getting to know the hotly anticipated Tesla Model 3. We haven’t properly reviewed the Tesla Model 3 yet, but we will later in 2018. In the meantime, we thought it might be worth it see how the two vehicles stack up against each other. Read on to find out what we thought. Let’s start with the Chevy Bolt, in … [Read more...] about We drove a $57,500 Tesla Model 3 and a $43,000 Chevy Bolt to see which is better — here’s the verdict
caption Some thought the Model 3 would cannibalize Model S and X sales. But the opposite appears to have happened. source Tesla Wait times for Tesla’s Model S sedan and Model X SUV have increased. If you order either vehicle today, Tesla’s website indicates that it won’t be delivered until June. Tesla says the delay is due to a spike in demand rather than production difficulties. Tesla‘s struggle to produce and deliver the Model 3 has been one of the company’s biggest challenges during the past year. So far, the company has delivered around 3,000 of the estimated 400,000 Model 3s that have been pre-ordered. But the company recently increased wait times for its Model S sedan and Model X SUV as well, according to Electrek. If you order either vehicle today, Tesla’s website indicates that it won’t be delivered until June. Though if you already own a Tesla vehicle, the … [Read more...] about Tesla is pushing back Model S and Model X delivery dates — but that may actually be a good sign for the company
caption Bravo! source Hollis Johnson The Chevy Bolt beat the Tesla Model 3 to market by over a year. The vehicle has been selling well for General Motors and also serves as a platform for the carmaker’s Cruise self-driving technology. We were very impressed when we drove it last year. You can easily argue that the Chevy Bolt is the most important car General Motors has ever rolled out. What we have here is a $37,495 all-electric vehicle with a range of nearly 240 miles on a single battery charge. GM took it from intro to the assembly line in less than two years, in the process beating the avidly anticipated Tesla Model 3 to market by at least a year. So what makes the Bolt more important than, say, the Cadillac XT5 crossover SUV or a new Corvette? The Bolt is a completely different kind of “halo” car. Like the Toyota Prius gas-electric hybrid 15 years ago – based initially on … [Read more...] about The all-electric Chevy Bolt is a serious threat to Tesla’s Model 3
Tesla is the premier, aspirational car brand for millennials. The company’s appeal is rooted in its ability to create a narrative that extends beyond traditional cars to renewable energy, space exploration, and self-driving vehicles. The Model 3’s tech features make the car particularly appealing to millennials. Forget Mustang and Corvette. Tesla is the premier, aspirational car brand for millennials. But unlike traditional, aspirational car brands, millennials aren’t attracted to Tesla because it implies wealth. They like Tesla because the company cares about more than cars.“I think Tesla, to a lot of millennials, is more than just a car brand. It’s a lifestyle,” Kelley Blue Book executive analyst Akshay Anand told Business Insider. Anand said Tesla’s appeal to millennials is rooted in the company’s ability to create a narrative that includes renewable energy, space … [Read more...] about Tesla’s Model 3 is the millennial dream car