16 Mar '16, 3am

High Hopes Are Resting on Tesla’s ‘Volume’ Selling Model 3 https://t.co/6HsQ3eIvvx

High Hopes Are Resting on Tesla’s ‘Volume’ Selling Model 3 https://t.co/6HsQ3eIvvx

The culmination of Tesla Motors’ three-stage business plan established last decade will be kicked off in earnest at the March 31 revelation of the Model 3 in Los Angeles. Tesla’s ambitions to revolutionize automobiles has centered around proving itself first with an upscale sports car, moving to a mid-priced luxury sports sedan, leading to an “entry level” car priced for “the masses,” establishing the company. The last auto manufacturing startup to make it and stay in business was Chrysler, established 1925. Tesla, began with its Lotus-based Roadster in 2008. Just 2,450 of this quick, light sports car were sold into 30 countries and it was intended as a proof of concept. Next in line was the Model S that aimed for a starting price just under $50,000 after tax credit, and this sort-of happened, with a twist. Launched June 2012, the Model S was priced less than the initially...

Full article: http://www.hybridcars.com/high-hopes-are-resting-on-tesla...

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