Tesla has finally launched the long-awaited standard Model 3 starting at $35,000, and Elon Musk says that the interior 'will be slightly better than was originally promised.'
Electric carmaker Tesla is finally launching its long-awaited standard Model 3 starting at $35,000 and shifting all sales online, the company said.
The company won't turn a profit in the first quarter, Musk said, although he expects Tesla will return to profitability in the second quarter. Tesla is also changing the customer shopping experience, allowing customers to try out the car before buying and offering full refunds if a car is returned within seven days or 1,000 miles. It's pushing all sales online and to mobile devices and eliminating or reducing showroom staff as well.
"It is excruciatingly difficult to make this car for $35,000 and still be financially sustainable," he said. He said it will be at least another two to three years before Tesla can produce a cheaper car.
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