Tesla has been promising its standard Model 3 battery pack to bring the price of the vehicle down to the long-awaited $35,000 price, but now Tesla has removed any mention of the base model from its website – sending some fans into a panic.
$35,000 Tesla Model 3
The $35,000 price has always been one of the most revolutionary features of the Model 3.
It was part of Elon Musk’s original “secret master plan” for Tesla: make a compelling mass-market all-electric vehicle.
Tesla has been promising a $35,000 base price before incentive, but the cheapest Model 3 available today costs $42,000 after a recent price drop.
The price is supposed to be achieved with a smaller battery pack and less premium interior.
Tesla Model 3 Delays
For the past few months, Tesla has been listing the version of the vehicle as coming within “4 to 6 months,” but today it removed the timeline from its online configurator and its website.
We received dozens of emails from Model 3 reservation holders worried about the meaning of Tesla removing the mention of the standard battery pack.
When asked about the update, a Tesla spokesperson declined to comment on the change.
The timeline is removed from Tesla’s US website, but it’s still visible on the Canadian Model 3 configurator.
Elon Musk on base Model 3
During a conference call with analysts for Tesla’s Q4 financial results last month, Musk said that he estimates the new version of the Model 3 is going to be available around the middle of the year:
“We expect to introduce the standard range Model 3 sometime during the middle of this year – it’s a rough, rough guess.”
The CEO said that they need to improve cost structure.
“We’re working hard to improve our costs of production, our overhead costs, our fixed costs, just costs in general.”
When Model 3 production first started back in 2017, the company told reservation holders that the base version of the Model 3 would be available in early to mid-2018.
It looks like a lot of reservation holders have doubts about Tesla releasing the base version of the Model 3 and that change on the website sparked some fear.
I know it’s a bummer that Tesla is really late on the standard battery pack, but I do believe it is still coming – though I admit that it’s weird that Tesla removed it from its website without giving any reason.
Elon also scared me with this earlier this month:
For those who remember the Model S 40 that started at $50,000 and was quickly discontinued, it almost looks like Tesla is again trying to find a way to get out of a promised based price.
That said, I remain optimistic when it comes to the base Model 3 at $35,000. I don’t think Tesla could get away without releasing it.
And it seems doable. The company currently produces a $42,000 Model 3 with a bigger battery, glass roof and a lot of premium features that could be shaved off to get the price down. I imagine it is currently in the high $30-range with a 50kWh or smaller battery and standard interior.
What do you think? Let us know in the comment section below.
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