newest tesla electric will aim
Last Updated : GMT 06:41:18
Arab Today, arab today
Arab Today, arab today

At middle market

Newest Tesla electric will aim

Arab Today, arab today

Arab Today, arab today Newest Tesla electric will aim

Tesla Motors, until now a purveyor of luxurious all-electric cars with equally luxurious price-tags
New York - Arab Today

Tesla is set to unveil the Model 3, its long-anticipated pitch to middle class drivers and a key component in founder Elon Musk's vision to mainstream the electric car.
Tesla Motors, until now a purveyor of luxurious all-electric cars with equally luxurious price-tags, plans to sell the Model 3 for $35,000, half the base price of the flagship Model S.

The Model 3 will be unveiled at Tesla's Design Studio in Hawthorne, California, on March 31.

Now only putting out 50,000 cars a year, Tesla plans to use the Model 3 to turn itself into a mainstream automaker selling 500,000 electrics annually by 2020.

Analysts say the new car is critical to Tesla at a time when cheap gasoline is challenging all green cars, and as rival General Motors stakes its claim on the electric vehicle middle market with its new Chevrolet Bolt.

"The Model 3 is really the measure if Tesla is going to make it long-term as a car company," said Jessica Caldwell, an analyst at the auto industry website Edmunds.com.
"If they want to bring the EV to the mass market they need the Model 3 to be successful."

The Model 3 will be about 20 percent shorter than the S, placing it in the same segment as the Audi A4. It will also have four-wheel drive, according to people close to the matter.

The car is expected to be able to travel up to 300 miles (500 kilometers) without being recharged, depending on the battery system chosen, and will include modern safety systems such as Autopilot.

The first Model 3s are to be delivered by the end of 2017 in the US, and 2018 in Europe. Consumers can pre-order the vehicles starting March 31 for a deposit of $1,000 or 1,000 euros ($1,100).

Tesla launched its electric car campaign in 2008 Roadster sports car, constructed on the chassis of a Lotus. It then moved into luxury vehicles with Model S, followed by the Model X crossover.
The Model 3 is the logical next step.

"This is their chance to prove that they are not just a specialized niche automaker, but actually a long-term volume automaker," said Karl Brauer, analyst at Kelley Blue Book.

"They have to establish that they can build a high-quality volume vehicle."

The group also must demonstrate that it has learned the lessons of past launches, which were marred by significant delays, as when the difficulties with the gull wing doors pushed back the timeframe on the Model X.

- Bolt will be first -

Tesla also faces direct competition from the soon to be released 200-mile range Chevrolet Bolt, which will have a one-year head start on the Model 3 in getting the attention of consumers looking for a moderately priced EV.

Darin Gesse, product marketing manager for Chevrolet's electrification division, admitted "There is a cachet and a brand image" at Tesla.

Nevertheless, he said, "We also know Chevrolet has a brand image. We have shown that our customers have been the most happy in the country. Our battery is solid. We have confidence."

Brauer said the Bolt's earlier debut could pose problems for Tesla.

"If it would have hit now, it would have been a game-changer as first to market," Brauer said. "Now it's going to be the second to arrive after the Bolt."

Cheap gas is also a challenge, as more consumers opt for SUVs and other large vehicles.

In February, only about three percent of the 1.3 million cars sold in the US were green cars, according to data from hybridcars.com

"Gas prices are still down," Caldwell said. "I think you will get the Tesla fans, but you may not have a massive mainstream market."
Source: AFP

arabstoday
arabstoday

GMT 09:28 2017 Monday ,25 December

Ford chief apologizes for sex harassment

GMT 04:54 2017 Wednesday ,20 December

UPS orders 125 all-electric trucks

GMT 08:30 2017 Monday ,18 December

Hyundai IONIQ reigns supreme

GMT 11:37 2017 Saturday ,02 December

US automakers report mixed sales

GMT 08:34 2017 Wednesday ,11 October

X-TRAIL 2018 launches in the Middle East
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

newest tesla electric will aim newest tesla electric will aim

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

newest tesla electric will aim newest tesla electric will aim

 



Arab Today, arab today
Arab Today, arab today Skincare PR Performance Full Year 2017

GMT 10:35 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Arab Today, arab today New hunt for flight MH370 gets under way

GMT 02:36 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today France sanctions businesses linked

GMT 01:58 2018 Wednesday ,24 January

France sanctions businesses linked
Arab Today, arab today Turkey detains dozens more

GMT 02:09 2018 Wednesday ,24 January

Turkey detains dozens more
Arab Today, arab today
Arab Today, arab today

GMT 07:22 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 07:23 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 22:38 2018 Tuesday ,23 January

Bahrain Press headlines

GMT 20:34 2018 Saturday ,20 January

Bahrain press headlines

GMT 16:25 2016 Thursday ,22 December

Italian bank Monte Paschi edges closer to state bailout

GMT 09:12 2017 Friday ,17 November

Gleam Futures represents Grace Beverley

GMT 06:03 2014 Wednesday ,09 April

Please .. Let Gaza breathe!

GMT 04:18 2017 Sunday ,26 November

Bella magazine appoints celebrity writer

GMT 06:00 2017 Sunday ,29 October

Childrenswear brand Once appoints Dyelog

GMT 16:33 2014 Thursday ,13 November

Al-Ehtimam Bil Aakhareen

GMT 03:34 2017 Sunday ,05 November

Needle & Thread relocates press office

GMT 14:56 2017 Thursday ,21 December

Ryanair says formally recognises pilots' union

GMT 01:41 2017 Saturday ,12 August

Moroccan video sparks debate on sexual harassment
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday