Tesla Model 3 pre-order info

@gangzoom

Sorry, this car will never be £27K in the UK. I know you're a massive Tesla fan, but you have got to be realistic.

As far as I know the base price at US $35K is pre local sales tax, usually less than 10% in most US states. When it eventually hits our shores it will have 20% VAT added to whatever base price they choose at that time.

Yes I know there are grants, but this car is going to be £40K minimum for base poverty spec and most will end up being spec'd for north of £50K.

Quote me when the car gets RHD launch in 2019.

 

*sets diary alert*

 

If Tesla go by current pricing I don't see why not.

Cheapest Model S in the US is $70k before any grants/sales tax.

Same car in the UK is £60k including VAT.

 

I expect the prices will remain low, as Tesla is in the phase (geddit) of acquiring market share, so all the cars are being sold as loss-leaders. It is losing vast amounts of money at the moment, nearly $700m in 2016.
http://www.nasdaq.com/symbol/tsla/financials?query=income-statement

The long game is that the cars will become cheaper to manufacture, and initial capital investments (factories an so on) begin to pay for themselves.

The premium car makers are in the phase where they are expected to make profits, so their cars are sold at a profit. BMW made about €600m profit last year.
Bayerische Motoren Werke AG

 

Tesla do make a profit on each car, their gross margins are as high as Porsche. They are aiming for Model 3 margins to be 25% which massive in the <£30k market.

Tesla are burning cash because they are busy building the world's largest battery factory to ensure they can guarantee a steady source of battery packs.

Other manufactures are in for a shock when they try to ramp up EV production and having to source battery packs from third parties. It's like building a combustion car without been able to control how the engine is been manufactured or pricing/supply.

 

BMW Group made a profit of 6.9 Billion Euros in 2016.

 

I'm pretty sure I covered all of that in my post.
There's really no need to be so defensive all the time.

 

So they did, thanks for pointing that out.

 

What makes model 3 any better than the new egolf? From what I can tell range & price seem pretty similar. I guess performance is better on model 3 but presumably it'll be similar on the driving modes that will actually end up being used to maximise the range. I suppose the interior of egolf will be better quality and its likely it'll turn up way before any model 3 eventually manage to make their way here?

 

@jjgreenwood Range for a start. The eGolf has a price virtually the same as the Model 3 but only comes with a 35kWh battery compared to the 50kWh battery on the Model 3. Add in better performance of the Model 3, built in Autopilot hardware, why would you want to pay the same money for a car with alot less range and performance??

 

That makes sense. Although I guess by the time you can actually buy one without a lengthy order the chances are the european brands will have caught up with these kind of issues and have purposely designed electric product that can compete on equal terms.If these cars can provide a range of about 200 miles I think I could make the move but the current range available doesn't quite make it practical for me.