alt Hacker NewsTesla promised a 35k Model 3 in 2016.
Entering that into a CPI inflation calculator, that is $50k in 2026 dollars due to inflation.
A Model 3 today starts at $38, which is WELL BELOW the 2016 promise. Corrected for inflation, that's roughly $28k in 2016 dollars
They effectively overdelivered on that promise.
The complaint here, is that Chinese manufacturers, who are mostly in a death battle against each other and not profitable are even cheaper than Tesla and Toyota. In the long run, I suspect that picture will simply not be sustainable for those companies.
Replies
> The complaint here, is that Chinese manufacturers, who are mostly in a death battle against each other and not profitable are even cheaper than Tesla and Toyota. In the long run, I suspect that picture will simply not be sustainable for those companies.
Citation needed. Yes, the many Chinese manufacturers are fighting each other... but I see no reason why they can't maintain prices. And I doubt they're all unprofitable, especially the big ones like BYD.
I love the pro-Tesla crowd's selective memories. There was a $25,000 model they promised in 2020 - that's $32k in today's money.
https://www.businessinsider.com/elon-musk-promised-25-000-ev...
if the $4k difference in today's money is nothing to you, I've got a Venmo you can donate to. I'll even ship you a decade-old GTX 1080 that's still functioning :)