Tesla Model 3s Lineup Up For March 31st Debut In Hawthorne, CA

Tesla Model 3s Lineup Up For March 31st Debut In Hawthorne, CA

Tesla Model S & X

Tesla Model S & X

While speaking at Tesla's annual shareholder's conference just a few days ago, Tesla CEO Elon Musk spoke at length in regards to which Tesla you should buy.

Below is Elon Musk's quote, but basically we can sum it up in a few words.

If you have the means, please buy the Model X or S, as your purchase of one of those cars provides the necessary funds to design, develop and produce the Model 3.

Here's how Musk explains it:

"In order for us to produce the Model 3, we’re critically dependent on the revenue we receive from the people that buy the Model S and Model X. So, it’s important to bear in mind…the thing that is enabling the Model 3 to exist, is fundamentally the people that are buying the Model S and Model X today and historically."

"People wonder, should I buy the Model S or the Model 3? The Model S and the X are always going to be our technology leader. We’re not intentionally trying to withhold technology from the 3 but rather because it’s fundamentally more expensive when you have new technology until you can do multiple design iterations and achieve economies of scale. So, those that buy the Model S and X should know that they actually will be buying the most advanced car and they will effectively be paying for that technology to make its way to the Model 3."

Buyers of the S and X make the 3 possible, so if you can afford one of the two higher-line Teslas, then buy one now to assist the automaker in getting the 3 out to the masses.

Source: Forbes