Tesla Model 3

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Tesla Model 3 now costs $35,000 if you count incentives and squint really hard

Still waiting for that $35,000 Tesla Model 3? According to company CEO Elon Musk, it’s already here, though you’ll have to employ some suspension of disbelief to arrive at that number. 

“Model 3 starting cost now ~$35k (after ~$8k of credits & fuel savings),” Musk tweeted on Wednesday. 

Model 3 starting cost now ~$35k (after ~$8k of credits & fuel savings) https://t.co/46TXqRrsdr

— Elon Musk (@elonmusk) February 6, 2019

If you go to Tesla’s order page for the Model 3, you’ll see the cheapest, rear-wheel drive with a mid-range battery starting at $34,850. Tesla breaks down the pricing as follows: The car itself costs $42,900, the incentives are $3,750, and gas savings are $4,300.  Read more…

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Elon Musk’s Twitter in 2018: Lawsuits, dank memes, and ‘funding secured’

What better way to really understand Elon Musk’s year as Tesla CEO than to look back at his Twitter. It’s been a bumpy and very busy year for the electric car executive. He went from the depths of despair to turning a profit for Tesla for the first time — with a few lawsuits and scathing news reports thrown in for good measure. He even took a few puffs of marijuana on a podcast.

His most famous tweet of 2018? 

Am considering taking Tesla private at $420. Funding secured.

— Elon Musk (@elonmusk) August 7, 2018

That led to a U.S. Securities and Exchange Commission (SEC) lawsuit and possible criminal investigation. In his settlement (which cost him $20 million and Tesla another $20 million), he was removed as chairman of the board and his tweeting is now under close watch. That didn’t stop him from taunting the SEC. He remains CEO of Tesla. Read more…

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