Friday, March 01, 2019

Tesla announces $35,000 Model 3, is closing its stores to pay for it | Ars Technica

"This car gets black paint and the as-yet unseen standard interior, which means manual (not power assisted) seat and steering adjustment, cloth trim, and a stripped-down audio system." Other colors available at an additional price; also $3K to turn on Autopilot ($4K if you opt to do so after delivery)
"However, these new, cheaper Teslas come at a cost. Tesla also announced that it is now moving to an entirely online sales model and will be shuttering most of its retail locations in the US. "Going to online only is incredibly helpful to us; in many parts of the US, we're unable to sell cars because of franchise laws. This substantially opens up our ability to buy cars. It's 2019—people want to buy stuff online," Musk said.

That means job losses. "There's no other way for us to achieve the savings required to produce this car and still remain profitable. There's no way around it," Musk said. However, when asked about the number or timing of job losses, Musk would not be drawn into details and dismissed the question as "not today's topic.""
Tesla announces $35,000 Model 3, is closing its stores to pay for it | Ars Technica

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