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Tesla Motors confirms it will take orders for the Model 3 next month at $35,000. Buyers will pay less on a net basis after federal and state tax incentives are factored in.
Conventional wisdom indicates vehicles need to be priced in a $25K to $35K range to be sold on a mass-market basis. GM is aiming for the middle part of that range with its all-electric Bolt.
The latest word from Palo Alto is that the Model 3 is still on schedule, although CEO Elon Musk will face some Q&A tomorrow after the EV automaker reports earnings.
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