Tesla starts delivering the entry-level Model 3 with locked down features
While demand for Tesla's Model 3 has never been much of a problem, the company took its sweet time before making the $35,000 configuration available to prospective buyers. This naturally rubbed many the wrong way given that the entire impetus behind the Model 3 was to offer up an affordable EV for the masses. Instead, the cheapest Model 3 for quite a while was priced at $42,900.
The reasoning behind this, not surprisingly, involves Tesla's ongoing struggles to generate as much cash as possible. Explaining Tesla's thought process on the matter, Elon Musk last year said that if Tesla were to ship the minimum cost Model 3 right out of the gate, it "would cause Tesla to lose money and die." In short, Tesla prioritized selling higher-margin versions of the Model 3 above all else.
BGR Top Deals:
- Prime Day came early for the Apple Watch Series 4
- Crazy sale gets you killer noise cancelling headphones for less than half as much as Beats
Trending Right Now:
- Marvel might bring Deadpool to the MCU with Spider-Man’s help
- This is how incredible iOS 13 might look on the iPhone 11
- Amazon’s Fire TV Stick 4K is down to the price of an entry-level Fire TV Stick
Tesla starts delivering the entry-level Model 3 with locked down features originally appeared on BGR.com on Mon, 27 May 2019 at 18:04:32 EDT. Please see our terms for use of feeds.