New Video! Driving a Tesla in Mexico, How Hard Is It?
CarMax had never seen a Tesla Model 3 before I took mine there. Get these updates in your inbox at https://teslanomics.co/join
I'm a big fan of numbers, and in terms of car ownership, there are none more important than depreciation. Some cars depreciate upwards of 20% from the moment you drive them off the lot.
So exactly 1 day after taking home my Tesla Model 3 I thought it would be fun to find out EXACTLY how much money I lost. I know some of you will argue I could sell it for more because of the scarcity, YOUR'E RIGHT, however, for all other cars, this is not true. SO I thought this would be fun to find out what CarMax would offer.
What did you think of the result? Was it higher or lower than you expected? Leave me a comment and let me know.
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What is the Tesla Model 3? (wikipedia)
The Tesla Model 3 is a mid-size all-electric four-door luxury sedan manufactured and sold by Tesla, Inc. According to Tesla officials, the standard Model 3 delivers an EPA-rated all-electric range of 220 miles (350 km) and the long-range model delivers 310 miles (500 km). The Model 3 has a minimalist dashboard with only a center-mounted LCD touchscreen.
Within a week of unveiling the Model 3 in 2016, Tesla said, they had taken 325,000 reservations for the car, more than triple the number of Model S sedans sold by the end of 2015. These reservations represent potential sales of over US$14 billion. By August 2017, there were 455,000 net reservations, and an average of 1,800 reservations were being added per day.
Limited production of the Model 3 began in mid-2017, with the first production vehicle rolling off the assembly line on July 7, 2017, and the official launch and delivery of the first 30 cars on July 28. In October, Tesla produced 145 Model 3s, and in November, that number increased to 345, bringing the total produced up to 712. At that time, Tesla's target for making 5,000 vehicles per week was March 2018 but by early 2018, that was extended to the end of June.
One of the unique features of the Model 3 is the claim that it carries full self-driving hardware to be optionally enabled at a future date.
The Model 3 was codenamed Tesla BlueStar in the original business plan in 2007. The name Model 3, originally stylized as "Model ☰", was announced on Musk's Twitter account on July 16, 2014, however, the intended name was Model E that was abandoned due to Ford's trademark on the name; Musk wanted the three current models to spell SEX, but settled with "S3X". In early 2017, after trademark opposition from Adidas, the triplicate horizontal-bar stylization was abandoned and changed to a numeric "3".
The company plans for the Model 3 are part of Tesla's three-step strategy to start with a high-price vehicle and move progressively towards lower-cost vehicles, while the battery and electric drivetrain were improved and paid for through the sales of the Roadster, Model S, and Model X vehicles.
## Ref Clips
Howard Dean Scream - https://www.youtube.com/watch?v=pkzHHaAJRqA
Stewie Say What - https://www.youtube.com/watch?v=dzT_dzYaJno
Bill & Ted - https://www.youtube.com/watch?v=Bp6gaB-YmVA
## Music by Epidemic Sound