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February 9, 2016

The Next Tesla Will Start At $35,000, But Don’t Expect To Pay That Price

FILE - In this April 1, 2015, file photo shows the Tesla Motors new showroom in Salt Lake City. State lawmakers said Wednesday, May 20, 2015 they hope to work out a compromise law this year that would allow Tesla Motors to start selling its electric cars at its $3 million showroom in Salt Lake City. Two weeks before the showroom's planned opening in March, the Utah attorney general's office ruled that it couldn't sell cars under state laws barring a manufacturer from owning more than 45 percent of any dealership. (AP Photo/Rick Bowmer, File) Tesla has yet to unveil the Model 3, but the company just confirmed that it will be available starting at $35,000. The Model 3 has long been rumored to cost about this price, and today, Bloomberg is quoting a Tesla spokesperson who confirmed the starting price. At that price, the car will retail at a price point slightly higher than the average car sells for in the States. It will retail… Read More

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