Three years after he promised to sell an all-electric Model 3 mass-market sedan for $35,000 before incentives, Elon Musk is finally coming though.
Three years after he promised to sell an all-electric Model 3 mass-market sedan for $35,000 before incentives, Elon Musk may finally be coming through. The Tesla Inc. chief executive announced Thursday the company will immediately start taking orders for the lower-priced, 220-mile-range version of the car, with the company website promising delivery in two to four weeks.
Buyers will have the ability to “test drive” Teslas for up to a week and get a full refund if they’re not happy, Musk said. Although social media sites are rife with complaints from people waiting weeks or months for promised refunds, Musk said, “We’re going to make it super easy to get a refund, like, one quick refund.”
Though Musk promised last year to be profitable every quarter going forward, he said Thursday that “we do not expect to be profitable in the first quarter” because of “special charges” and the costs of sending cars to China and Europe. “There's a lot going on,” he said. A profit in the second quarter is “likely,” he said.
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