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Tesla Announces Model 3 Reservation Cost
The EV cars in Audi’s dream will definitely be more than capable of challenging the Tesla Model S but it would be interesting to see how both vehicles square off.
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The Model 3 could do so quicker than its rivals given Tesla’s efforts to expand its Supercharger network.
“The shares have rallied sharply recently in anticipation of the Model 3 reveal later this month and amid bullish comments from some equity analysts”. But it is better to note the limitations of the current P/E ratio of Tesla Motors, Inc., as investors may often be led to believe that there is one single metric that will deliver a thorough insight into the company’s investment decision, which is virtually never the case.
To be one of the first customers to get a Model 3 delivered you need to move to the West coast by 2017.
On the company’s financial health, Tesla Motors Inc reported $-0.87 EPS for the quarter, missing the analyst consensus estimate by $ -0.99 based on the information available during the earnings call on Feb 10, 2016. Of course, if would make big sense for the company if they include those existing autonomous driving features in the Model 3, as cars with autonomous driving features are starting to gain traction in the market. True to its anticipated mass-market appeal, the Model 3 will have no signature series.
Actually, if this happens, the reservations have already begun for Tesla employees who have been invited to reserve the Model 3 – sight unseen – and with 15,000 people working for the company, that’s another strong potential reservation base. Tesla released the above Teaser image of the Model 3 this week, showing a black silhouette of the Model 3, which looks sexy. Analysts believe that the upcoming Tesla cars will be approximately 20 percent smaller than the recent models, the Model S.
Benjamin Zhang/Business InsiderA Tesla Model X at Business Insider headquarters in NY. The first one is to visit a local Tesla store on March 31, which is the day of the launch.
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The reservation for the Model 3 begins at the same time world-wide. Shelton Capital Management raised its position in Tesla Motors by 11.3% in the fourth quarter. Reservations begin online later during the evening, just as the event starts at 8:30 p.m. PDT. “We can’t wait to show you what we’ve been working on”. After that Tesla Motors will launch the sedan into European and Asian Markets.