The math is against Tesla Motors Inc. (NASDAQ:TSLA) and the price set for the upcoming Model 3. The globe’s leading EV firm is still riding the excitement gathered over the upcoming Model 3 concept. The car is around a year away from its launch and is set to sell at $35,000 at its most standard. Despite the assurances laid down by CEO Elon Musk back in March, many analysts remain convinced that the bulk of Model 3 sales will be delivered at a significantly higher price than that.
The predictions are supported by Musk’s own words. While the chief exec claims the upcoming EV can be bought for the advertised cost, he has also admitted that a normally equipped Model 3 will go for around $45,000. However, even that figure is thought to be misleading.