https://en.mogaznews.com/collection/1177977/Tesla-just-made-it-harder-to-buy-its-cheapest-US35000-electric-car-mogaznewsen.html
Tesla just made it harder to buy its cheapest $US35,000 electric car
April 13, 2019  Bloomberg

[image  
https://static.ffx.io/images/$zoom_0.194%2C$multiply_1%2C$ratio_1.776846%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/w_1024/q_86%2Cf_auto/efd40edcdb9f84366559b3edbd2442c9177bc7b9
Tesla is de-emphasising the $US35,000 price point promised when it first
unveiled the sedan in March 2016  Credit:AP
]

Tesla is making it more difficult to buy the $US35,000 version of the Model
3 sedan that used to be viewed as pivotal to its growth.

The electric-car maker announced another series of changes to its line-up
and pricing late on Thursday to "simplify vehicle choices". All Tesla
vehicles that can be ordered online now come with the driver-assistance
system Autopilot standard, the company said in a blog post. The Model 3 with
Standard Plus now costs $US39,500 with Autopilot included.

But along with those adjustments, Tesla is de-emphasising the $US35,000
price point promised when it first unveiled the sedan in March 2016.
Deliveries of the entry-level models start this weekend - more than six
weeks after the company starting taking orders. Customers who want this
version from now on won't be able to get it from Tesla's online ordering
menu. They'll have to call or visit a store instead, and the car won't come
with Autopilot.

"Tesla is now facing a reckoning," said Jessica Caldwell, executive director
of industry analysis at car-shopping researcher Edmunds. "Between the cost
cuts, waning demand for its vehicles and now making the $US35,000 Model 3
much harder to buy, the company is now quietly realising it has to play by
the same rules as every other auto maker."

Tesla's constantly shifting approach to its line-up and retail strategy has
rattled investors and stoked confusion. Ten days after signalling an almost
complete withdrawal from physical stores, the company back-tracked and said
more locations would stay open than planned. The car maker is now backing
away from its online-only ordering approach with the standard Model 3.

"This latest announcement is further evidence that 2019 will be a bumpy year
for Tesla," said analyst Gene Munster of Loup Ventures. "They'll eventually
get the formula right."


Tesla is also offering a Model 3 lease in the US for the first time, though
with a big caveat. Customers won't have the option to buy the car at the end
of the lease because the company plans to use the vehicles in a forthcoming
Tesla ride-hailing network, according to the blog post.

On its ordering website, Tesla's default options are for customers to make a
$US3000 down payment and spend a total of $US4199 at signing of a
three-year, 10,000-mile annual lease. The monthly payment due on that basis
is $US504.


Chief executive Elon Musk first talked about his vision of a Tesla
shared-vehicle fleet when he unveiled his Master Plan Part Deux in July
2016. He's started to talk about the network again as Uber Technologies
follows Lyft in filing for an initial public offerings. Tesla also scheduled
an event for Musk and other executives to tout Tesla's self-driving
technology on April 22.

On Twitter, Mr Musk recently confirmed that the purpose of the cameras built
in above the rear-view mirror of the Model 3 is to record video when owners
put their car on Tesla's future network, which he said would compete with
Uber and Lyft.

On Friday, Mr Musk, 47, was back on social media, though this time to
respond to a post critical of how frequently Tesla has changed the prices of
its vehicles lately.

Other criticism of Tesla and Mr Musk surfaced on Friday from more
high-profile voices. In an interview with Yahoo Finance, billionaire Warren
Buffett said Mr Musk had "room for improvement" in behaving like a CEO.
Hedge fund investor David Einhorn, who has been short Tesla stock for years,
wrote in a letter to investors that "the wheels are falling off" the
company.
[© mogaznews.com]


https://www.businessinsider.com/tesla-standard-model-3-only-available-in-store-or-by-phone-not-online-2019-4
Tesla's cheapest car just became a lot more difficult to buy
2019-04-12  In a blog post Thursday evening, the electric car maker said
it's removing the ... the chance of an accident is much lower when Autopilot
is enabled," Tesla said ...
https://amp.businessinsider.com/images/5cb0a5bdcf22db4b02013ba2-1536-768.jpg


https://www.nytimes.com/2019/04/12/business/tesla-model-3.html
Tesla Ends Online Sales of $35,000 Model 3, Creating New Hurdle for Buyers
April 12, 2019  Tesla’s Model 3, the company’s attempt at cracking the mass
market. The company is no longer taking orders for the $35,000 model online.
Customers who want it at that price must order it by phone or at one of its
stores ...


https://electrek.co/2019/04/11/telsa-35000-model-3/
Tesla kills promised $35,000 Model 3, makes Autopilot standard ...
2019/04/11 - Tesla announced a series of changes to its vehicle lineup
today, including moving away from the long-promised base Model 3 at $35,000
and ...


[dated]
https://www.tesla.com/blog/35000-tesla-model-3-available-now
$35,000 Tesla Model 3 Available Now
Feb 28, 2019 - We are incredibly excited to announce that the standard Model
3, with 220 miles of range, a top speed of 130 mph and 0-60 mph acceleration
...
...
https://www.google.com/search?q=35%2C000+tesla+3


+
https://www.yahoo.com/news/tesla-begins-offering-leases-model-3-034145455--finance.html
Tesla begins offering leases for Model 3
April 11, 2019  (Reuters) - Tesla Inc on Thursday started leasing out its
Model 3 sedan in the United States, in a financing option that ...
https://s.yimg.com/ny/api/res/1.2/QvkGuehDfxaRG2EvAB5Jkg--~A/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9NDUwO2g9MzAwO2lsPXBsYW5l/http://media.zenfs.com/en_us/News/Reuters/2019-04-12T034145Z_1_LYNXNPEF3B064_RTROPTP_2_TESLA-FIRE.JPG.cf.jpg




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