Archives for April 2016

Friday morning car news roundup, April 8, 2016

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Thursday morning car news roundup, April 7, 2016

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Tesla’s Unbelievable Model 3 Pre-Order Mirage: Be Careful What You Wish For

Carless, possibly careless, but not homeless

Carless, possibly careless, but not homeless

“I think it’s good news,” said Nissan’s and Renault’s CEO Carlos Ghosn yesterday at his company’s factory in Iwaki, Japan, when Automotive News reporter Hans Greimel asked him to comment on the amazing number of pre-orders Tesla received for its upcoming lower cost electric car, the Model 3. “The fact that so many people are willing to make a down payment to get this car, which I understand will be available by the end of 2017, is a very good sign,” Ghosn continued with a straight face.

By industry convention, established automakers rarely if ever say anything bad about the competition. Privately, some industry insiders think that Tesla Motors might drown in that sea of orders. Some even doubt outright that the numbers are valid.

More in Forbes

Wednesday morning car news roundup, April 6, 2016

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Tuesday morning car news roundup, April 5, 2016

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Monday morning car news roundup, April 4, 2016

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Tesla’s Model 3 Is A Challenge That Has Only Just Begun

Here we are now, entertain us

Way back in 2006, Tesla Motors CEO Elon Musk laid out his vision for his electric-car company in a blog post promising that its six-figure luxury cars would be succeeded by increasingly affordable vehicles. Ten years later, it’s here in the form of the Model 3.

Musk described the vehicle at its unveiling in California on Thursday night as “the final step in the master plan, which is a mass-market, affordable car.” Already, 115,000 people have plunked down $1,000 deposits to order the car two years before it’s available.

Public enthusiasm and anticipation are once again being driven up to levels the rest of the auto industry could only hope to generate.

Beyond the hype there are a number of warning signs that indicate this intense excitement may ultimately lead to disappointment and even Tesla’s ruin.

Read more at The Daily Beast

Friday morning car news roundup, April 1, 2016

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