Being basically an electric compact sedan aimed at the Audi A4 and BMW 3-Series, the Tesla Model 3 is capable of being both as affordable as under $30,000 after incentives or up to $70,000 after maxing out all the extra options.
By being an affordable vehicle means that plenty of the expensive stuff from the Model S have to be cut out. Among the several appealing features that could be trimmed include the Autopilot software and Ludicrous drive mode.
CEO Elon Musk stated that the purpose is to “roughly cut the price [of the Model S] in half”, and how it “won’t have quite as many bells and whistles” as the current sedan.
Opting for Autopilot would result in pushing its price up closer to the $40,000 mark, and choosing the Ludicrous Mode upgrade would take it beyond $45,000, which doesn’t make it all that affordable anymore.
While the features would certainly arrive in due time, the initial stage might see Tesla emphasize on keeping tag at $35,000. Of course there is still the possibility of the automaker selling the maxed-out models at a high price at the start as was done for the Model X, so we’ll have to wait and see.