Tesla, Inc. (NASDAQ: TSLA) has shown the goods, but are you willing to buy the Model 3? The firm’s first mid range EV is a big deal on the internet, but that’s obviously not enough to make up your mind. You need facts and data to decide whether to buy a Tesla Model 3.
Luckily you’ve come to the right place. Here are the 13 key facts you need to make up your mind on the Tesla Model 3.
1 Tesla Model 3 Range
The Standard Tesla Model 3 will be able to do about 220 miles. Its Long Range sibling can go more than 300 miles on a single charge. That’s much more distance than a normal driver ever does in a day, and you won’t ever have to go back to the gas station.
The absolute minimum you’ll be able to pay for the car is $35,000. What you’ll get for that price, however, is pretty bare bones. In order to add on Autopilot and self-driving you’ll need to pay $8,000. To get a premium features package, you’ll pay $5,000. In order to get the long range car, the base price shifts to $44,000.
3 Self driving
The Autopilot system will be one of the options available in the Tesla Model 3. As described above, you’re going to have to pay extra to get your hands on it. For the time being a Tesla simply isn’t able to drive itself. Tesla is selling this package as “full self-driving” however, meaning that it expects the tech to work before the end of the car’s life.
This should have a huge impact on your decision. The Tesla, Inc. (NASDAQ: TSLA) Supercharger network is one of the most important parts of the firm’s sales model. If you don’t live near the network, it’s going to take a lot more time to charge your car. You can see where the chargers are worldwide on the Tesla map here.
The Tesla Model 3 hasn’t been through public safety tests just yet. Despite that, however, it’s likely that it’s going to be one of the safest cars on the road. That’s because of the almost divine results from the other Tesla safety tests. The Model S is one of the safest cars on the road, and Elon Musk has promised great things from the Model X as well.
6 As long as it’s black…
How much would you be willing to pay to choose the color of your car? With the Tesla Model 3 the company is making that a key experiment. The black paint is default with the car. If you want to change it, you’ll have to fork over an additional $1,000. There are only a handful of other colors available right now. Tesla may offer more, however, when production picks up.
The top speed of the Model 3 is between 130 and 140 miles per hour. The difference depends on the exact model you go for. The Model 3 won’t feature the famed Tesla, Inc. (NASDAQ: TSLA) Ludicrous acceleration, however. It’s still going to be pretty fast though, getting up to 60 miles per hour in about 5.6 seconds.
8 Tesla Model 3 Display
The big difference for drivers inside the car is the lack of dials and knobs. The Tesla Model 3 only features a single touch screen. That’s where you’re going to get all of your information, and change anything you want to in the car.
If you want to see what the controls are like, you can give it a try in this mock up of the car’s software. Keep in mind that this is fan-made, so we don’t know if this is what the eventual software system will look like.
The Tesla Model 3 isn’t going to be as large as some cars out there, but it will comfortably fit 5 adults. That’s at least what the firm says. Storage, however, is where this car will really shine. It’s going to have a trunk in the front as well as the back. That means a much easier time on those trips to the airport.
10 Tesla Model 3 can drive on Mars(Well kind of)
You won’t have much chance to take the Tesla Model 3 off the earth, but you can pretend for a moment with an Easter egg embedded in the car’s software. Take a look at the video.
The above video, uploaded by Tesla investor and early adopter Steve Jurvetson, shows the ability to change the in car navigation system to make it look like you’re driving on Mars. That’s one of Elon Musk’s dreams, and he’s actively working on getting there with his Space X company.
11 How do I get one?
If you want to buy Tesla Model 3, all you have to do is go to the firm’s website. There’s a reservation fee of $1,000 to put down and you’re in the queue. Once your car is headed for production you’ll be able to pick what exact options you want it to have, how you’re financing it, and how you plan to take delivery.
After that it’s just a matter of waiting. Unfortunately, that’s one of the most worrying parts of the car’s story.
12 When will the Tesla Model 3 arrive?
Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk reckons that his firm will build 500,000 cars next year. That means if you put your name down for a car today, it’s not crazy to think that you could be driving it next Christmas.
That timeline should be taken with a grain of salt, however. We know that the company has had a lot of past trouble with manufacturing processes. If anything goes wrong, the entire production could be pushed back for months.
Don’t bet on the Tesla Model 3 being your ride to work next year. If you want to buy the car, you’ll need to price in a lot of shipment delay risks.
13 What about the Model S?
If you’re on a high income and in love with the Tesla Model 3, the Model S could be an even better buy. The car is the premium EV sedan from Tesla. It’s bigger and better than that car for the most part. If you can afford it, Tesla, Inc. (NASDAQ: TSLA) wants you to buy the more expensive car, and there’s a a good chance you’ll prefer it as well.
The main advantage of the Model S, of course, is that you’re not going to have to wait to get your hands on it. If you buy one today, you can expect it to be shipped very soon indeed. For most car buyers, that could be enough t push them over the edge.