{"id":47771,"date":"2023-10-20T15:55:02","date_gmt":"2023-10-20T15:55:02","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/tesla-is-taking-a-gamble-on-its-affordable-electric-car-startupsmart\/"},"modified":"2023-10-20T15:55:02","modified_gmt":"2023-10-20T15:55:02","slug":"tesla-is-taking-a-gamble-on-its-affordable-electric-car-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/tesla-is-taking-a-gamble-on-its-affordable-electric-car-startupsmart\/","title":{"rendered":"Tesla is taking a gamble on its “affordable” electric car – StartupSmart"},"content":{"rendered":"
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By Craig Froome<\/em><\/p>\n
Tesla announced what it calls its \u201cmost affordable\u201d electric vehicle in the Model 3 last week. The car can now be ordered with a deposit of $1,500 in Australia ($US1,000 in the United States) but won\u2019t be delivered until late 2017.<\/p>\n
Within hours, the company\u2019s founder and CEO Elon Musk said around 276,000 orders had been placed, and he was already considering a rethink of production plans following such high demand.<\/p>\n
The estimated retail price of the car is US$35,000, but what will this equate to in Australia? Early estimates suggest it could be upwards of $60,000. Is that really an \u201caffordable\u201d vehicle?<\/p>\n
Some of this cost relates to import duties and the Australian government is currently reviewing these and considering reduced taxes for low-carbon vehicles.<\/p>\n