Will Elon Musk’s Tesla Embrace Masses With Model 3 Electric Car?
Tesla Model 3 will come loaded with technology, just like the other Tesla models and also has a lucrative price tag.
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Tesla Motors has managed to create an image for itself as a reliable maker of electric vehicles (EV) worldwide, thanks to the previously launched Model S and Model X.
The company has now announced that it will unveil the next model in their line-up called Model 3, and it will priced at $35,000. They added that it will be unveiled on 31 March and reservations can be made for a down payment of $1000.
With a lucrative price tag, can it be the EV for the masses?
The craze for Tesla started with the launch of Model S, which created a lot of interest around the company. This was further helped by the company’s next car called Model X.
The S and X cost around $70,000 and $80,000 respectively, making Model 3 the most affordable car by the American automaker.
The ingredients for a market for EVs are there, given the craze for Tesla and the image that they have created, but the real problem lies in the availability of charging stations.
The car may turn out to be fantastic, but EVs cannot be a proper alternative to gasoline vehicles unless they have a range of over 500 miles per charge.
Nevertheless, if the car manages to sell in huge numbers, the infrastructure might catch up too (we hope it does).
As of now, we need to wait till 31 March to have a better understanding of the car’s impact on the future of automotive industry.
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