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> Tesla’s average selling price for the Model 3 surged past $55,759 That's a lot of money. > In August, Tesla’s Model 3 became a top 5 best selling car in the

> Tesla’s average selling price for the Model 3 surged past $55,759 That's a lot of money. > In August, Tesla’s Model 3 became a top 5 best selling car in the US by units [and #1 by revenue] It's honestly a bit suprising to see this. Keep in mind that it is only data for August, so it might not be representative for the future. But if Tesla continues on this track, they could very well become the Apple of the car industry. Selling a product with clearly defined and differentiated aesthetic design, with a loyal customer base, at a premium price. I know they have quite a few problems in other areas, but I wish them the best. This entire electric car revolution wouldn't have happened for another 10-20 years if not for Tesla and Elon.

reacharavindh 8y ago
That's what I was wondering about when I read the article as well. $55K is a lot of money. You could get a well kitted Mercedes C class or an Audi A5 at this price. Is the model 3 really that worth? Thinking about: Charging anxiety, resale value, relative inexperience in car building from Tesla(compared to Audi and Merc). The $30K Model 3 I would think is radical and would turn several heads from the Accord, Camry etc..
- stephengillie 8y ago
  About a year ago, I was driving a 1990s S-10 that died in the hot summer, so I was suddenly in the market for a car. I rented an Altima and went to buy one, but was looking at the Model 3 also. But buying a Model 3 means waiting on the list like a liver transplant recipient, which I couldn't do without some ride. Had Model 3s been more widely available, I would currently own one. And the $35k option was looking both less appealing and less likely to be produced. After an issue at the Nissan dealership, I got a Camry Hybrid from the Toyota dealership. From the Model 3 reviews I've watched, the cars seem comparable in trim and features, once the panel gap issue was resolved. The Camry has more range (500+ mi), but a slower (6 second) 0-60. This range means spending about $750-$1100 per 10,000 miles. Including the extended warranty, the TCO for the first 100k miles should be under $40,000. The Model 3 is for the person who is happy to spend an extra $23,000 in car, to save $12,000 in fuel.
  - sh87 8y ago
    > The Model 3 is for the person who is happy to spend an extra $23,000 in car, to save $12,000 in fuel. Oh boy! I'm going to use this so often. Thanks.
wilsonnb3 8y ago
> This entire electric car revolution wouldn't have happened for another 10-20 years if not for Tesla and Elon. I don't buy this. There hasn't even been an electric car revolution yet in my opinion, and when there is it will be because of plug in hybrids slowly extending their all electric range over time as electric car charging infrastructure improves. Toyota and Chevy deserve far more credit for the Prius and the Volt than Tesla does for their cars, although I will admit that the Tesla roadster was part of what motivated Chevy to make the Volt.
- dagw 8y ago
  Tesla roadster was part of what motivated Chevy to make the Volt. Having spoken to a couple of people working R&D at traditional car companies they tell exactly the same story. Tesla 'forced' them to dust off all those proof of concept tests their labs had done years ago and try to get them into production. Without Tesla those concepts would probably still be in a filing cabinet in their labs.
- jillesvangurp 8y ago
  That may very well happen a lot faster than you think thanks to Tesla. Certainly manufacturers seem to be in a hurry to announce stuff they can't quite ship yet to make it seem they are not doing nothing. But I agree volumes need to go up more. We're talking about 1% of overall cars sold. It will take a while for that to get to double digit numbers. Certainly nobody else than Tesla seems ready to produce at any substantial volume. Tesla may double or quadruple their production in the next years and it won't be enough to get there. However, them doing that would be very disruptive to manufacturers trying to currently trying to sell cars at the same price points.

reacharavindh 8y ago

That's what I was wondering about when I read the article as well. $55K is a lot of money. You could get a well kitted Mercedes C class or an Audi A5 at this price. Is the model 3 really that worth? Thinking about: Charging anxiety, resale value, relative inexperience in car building from Tesla(compared to Audi and Merc). The $30K Model 3 I would think is radical and would turn several heads from the Accord, Camry etc..

stephengillie 8y ago
About a year ago, I was driving a 1990s S-10 that died in the hot summer, so I was suddenly in the market for a car. I rented an Altima and went to buy one, but was looking at the Model 3 also. But buying a Model 3 means waiting on the list like a liver transplant recipient, which I couldn't do without some ride. Had Model 3s been more widely available, I would currently own one. And the $35k option was looking both less appealing and less likely to be produced. After an issue at the Nissan dealership, I got a Camry Hybrid from the Toyota dealership. From the Model 3 reviews I've watched, the cars seem comparable in trim and features, once the panel gap issue was resolved. The Camry has more range (500+ mi), but a slower (6 second) 0-60. This range means spending about $750-$1100 per 10,000 miles. Including the extended warranty, the TCO for the first 100k miles should be under $40,000. The Model 3 is for the person who is happy to spend an extra $23,000 in car, to save $12,000 in fuel.
- sh87 8y ago
  > The Model 3 is for the person who is happy to spend an extra $23,000 in car, to save $12,000 in fuel. Oh boy! I'm going to use this so often. Thanks.

wilsonnb3 8y ago

> This entire electric car revolution wouldn't have happened for another 10-20 years if not for Tesla and Elon. I don't buy this. There hasn't even been an electric car revolution yet in my opinion, and when there is it will be because of plug in hybrids slowly extending their all electric range over time as electric car charging infrastructure improves. Toyota and Chevy deserve far more credit for the Prius and the Volt than Tesla does for their cars, although I will admit that the Tesla roadster was part of what motivated Chevy to make the Volt.

dagw 8y ago
Tesla roadster was part of what motivated Chevy to make the Volt. Having spoken to a couple of people working R&D at traditional car companies they tell exactly the same story. Tesla 'forced' them to dust off all those proof of concept tests their labs had done years ago and try to get them into production. Without Tesla those concepts would probably still be in a filing cabinet in their labs.
jillesvangurp 8y ago
That may very well happen a lot faster than you think thanks to Tesla. Certainly manufacturers seem to be in a hurry to announce stuff they can't quite ship yet to make it seem they are not doing nothing. But I agree volumes need to go up more. We're talking about 1% of overall cars sold. It will take a while for that to get to double digit numbers. Certainly nobody else than Tesla seems ready to produce at any substantial volume. Tesla may double or quadruple their production in the next years and it won't be enough to get there. However, them doing that would be very disruptive to manufacturers trying to currently trying to sell cars at the same price points.