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Tesla’s $35,000 Electric Car Is Finally Here
"We are incredibly excited to announce that the standard Model 3, with 220 miles of range, a top speed of 130 mph and 0-60 mph acceleration of 5.6 seconds is now available at $35,000!" the company announced in a blog post. "Although lower in cost, it is built to achieve the same perfect 5-star safety rating as the longer-ranged version, which has the lowest probability of injury of any car ever tested by the U.S. Government."
This is now the cheapest electric vehicle on offer from the company, bringing the Model 3 price-point down from the $42,900 it went for after a price reduction this February.
"From the beginning, this has been the goal," Tesla CEO Elon Musk said on a press call reported by The Verge. "It's an incredible car."
The car is available to order now online in the U.S. and will be available in Europe and China in three to six months.
In addition to the newly-discounted Model 3, Tesla also announced other variations on the car at newly low prices, including a Model 3 Standard Range Plus for $37,000 that gets 240 miles on the charge and a Mid Range for $40,000 that gets 264 miles per charge.
The move squares with the goal of the company as announced by Musk in 2017, according to USA Today.
"The whole point of Tesla was to build a great affordable electric car," Musk said when the first Model 3s were released.
The lower prices come at a cost though: Tesla is moving to all online sales. This is what allowed the company to reduce all vehicle prices by an average of six percent. The company will shut down most of its retail stores, keeping a few open in particularly busy locations as showcases and information hubs. This means Tesla will have to lay off staff, Musk admitted on the press call reported by The Verge.
"There's no other way for us to achieve the savings required to provide this car and be financially sustainable," he said. "I wish there was some other way, but unfortunately, it will entail reduction in force on the retail side. There's no way around it."
In order to bypass the need for a test drive, the company touted a generous return policy.
"You can now return a car within 7 days or 1,000 miles for a full refund. Quite literally, you could buy a Tesla, drive several hundred miles for a weekend road trip with friends and then return it for free. With the highest consumer satisfaction score of any car on the road, we are confident you will want to keep your Tesla," the announcement said.
Musk hinted at the announcement with a cryptic series of three tweets on Wednesday.
"Thursday 2pm." "California." "Some Tesla news." he wrote.
Musk has gotten in trouble with the Securities and Exchange Commission (SEC) before for his tweets, as USA Today explained:
On Monday, the SEC filed a claim against Musk for not complying with an agreement reached with the Wall Street regulatory agency in late September. The SEC accused Musk of securities fraud after the Tesla chairman tweeted that "Tesla made 0 cars in 2011, but will make around 500k in 2019."
It is not known if Tesla approved Musk's tweets Wednesday, but they caused its stock to jump five percent.Transportation is responsible for the largest share of U.S. greenhouse gas emissions, according to the most up-to-date data from the U.S. Environmental Protection Agency (EPA). Most of this is due to the burning of fossil fuels for vehicles including cars.
EcoWatch Daily Newsletter
By Daisy Brickhill
Each morning, men living in fishing communities along Ghana's coastline push off in search of the day's catch. But when the boats come back to shore, it's the women who take over.
By Sam Nickerson
Links between excess sugar in your diet and disease have been well-documented, but new research by Harvard's School of Public Health might make you even more wary of that next soda: it could increase your risk of an early death.
The study, published this week in the American Heart Association's journal Circulation, found that drinking one or two sugar-sweetened beverages (SSBs) each day — like sodas or sports drinks — increases risk of an early death by 14 percent.
Tyson Foods Recalls Nearly 70,000 Pounds of Chicken Strips After Customers Find ‘Fragments of Metal’
Tyson Foods is recalling approximately 69,093 pounds of frozen chicken strips because they may have been contaminated with pieces of metal, the U.S. Department of Agriculture (USDA) Food Safety and Inspection Service (FSIS) announced Thursday.
The affected products were fully-cooked "Buffalo Style" and "Crispy" chicken strips with a "use by" date of Nov. 30, 2019 and an establishment number of "P-7221" on the back of the package.
"FSIS is concerned that some product may be in consumers' freezers," the recall notice said. "Consumers who have purchased these products are urged not to consume them. These products should be thrown away or returned to the place of purchase."
Environmental exposure to pesticides, both before birth and during the first year of life, has been linked to an increased risk of developing autism spectrum disorder, according to the largest epidemiological study to date on the connection.
The study, published Wednesday in BMJ, found that pregnant women who lived within 2,000 meters (approximately 1.2 miles) of a highly-sprayed agricultural area in California had children who were 10 to 16 percent more likely to develop autism and 30 percent more likely to develop severe autism that impacted their intellectual ability. If the children were exposed to pesticides during their first year of life, the risk they would develop autism went up to 50 percent.
ExxonMobil could be the second company after Monsanto to lose lobbying access to members of European Parliament after it failed to turn up to a hearing Thursday into whether or not the oil giant knowingly spread false information about climate change.
The call to ban the company was submitted by Green Member of European Parliament (MEP) Molly Scott Cato and should be decided in a vote in late April, The Guardian reported.
Bernie Sanders has become the first contender in the crowded 2020 Democratic presidential primary field to pledge to offset all of the greenhouse gas emissions released by campaign travel, The Huffington Post reported Thursday.