All you need to know about the electric vehicle Tesla Model 3

Last weekend, Tesla succeeded in launching the first version of the highly anticipated electric car, the Model 3 named SN1 (Serial Numer 1) , which was the start of mass production of the model. this in the next few months. Model 3 will not merely be an electric vehicle like the Model S, it will be the answer to Tesla's success or failure. How will Tesla be the electric car company in the future? That question depends heavily on this model.

Tesla launched Model 3 more than a year ago, it was the cheapest car in the category of this 15-year-old electric car company. At $ 35,000, it's only about a third of the Model S , the current electric model is not for the majority. Only one week after booking, Tesla quickly collected about 350,000 orders for this model, a terrible number. Expected on July 28, Tesla will hold a party to give the first 30 Model 3 to their 30 customers.

"I can say, this is the most important electric car they've ever produced," commented a Gartner researcher. He continued to provide a rationale for his comment: "Because if they can sell hundreds of thousands of orders, it will change the global electric vehicle industry. But if it fails, it will ruin. the whole process of going to the streetcar that the company spends a lot of effort ".

Tesla's value depends very much on the ability of Elon Musk to bring an electric car to the masses.

There was a lot of skepticism about the possibility that Tesla could mass produce extremely large quantities, no one believed that Elon Musk could achieve the goals he set out since the launch of Model 3. Tesla's stock price. has fluctuated a lot last week when losing nearly 20% of the value, while Wall Street analysts predict that the demand for the current two models is the saturated Model X and Model S. Some other analysts think that Elon Musk needs to reduce about 60% of the selling price if it wants to make a profit of Model 3.

Indeed, the challenges and challenges with Tesla are more than any automaker, when they are a 15-year-old startup. Many of these start-up automobile manufacturers in the 20th century failed and went into darkness. Mass production and quality control for a fledgling car company like Tesla is a problem.

Tesla has existed for 15 years in the market but they have not been able to profit from selling cars. In the last quarter of 2016, the electric car company reported a loss of up to 121 million USD. And they also put a lot of bets on Model 3 because this is the first time they have produced a mass-produced model for mainstream customers. If Tesla can satisfy Model 3 orders with a reliable and profitable model, it can be compared with GM's stock value. But if not, Tesla will have to accept criticism that they never have a good resistance model.

Tesla's value depends very much on the ability of Elon Musk to bring an electric car to the masses. Both the Model S and Model X are very expensive (from $ 100,000) while the Model 3 only costs about $ 35,000, making it the cheapest car Tesla has ever produced. In order for Tesla to sell 10 times its current sales, they need a really cheap car. But the market for cheap electric cars has been cramped for the past few years when there are many other names, not only Model 3. Last December, Chevy succeeded in launching the electric scooter Bolt running up to 383 km for one charge for about 36 thousand USD. In addition, Volkswagen also has e-Golf (36 thousand USD), Ford also has Focus Electric (29 thousand USD) and Nissan is Leaf with the price of only 37 thousand USD.

All are priced at the same price as the Model 3, some models also have travel distance for one charge equivalent to Tesla's. The advantages that traditional car companies have are good infrastructure to maintain quality as well as a wide network of agents. However, there have been signs that Tesla changes its approach to sales and maintenance of vehicles.

The world is following the trend of electric vehicles and the efforts of Elon Musk and Tesla have contributed to that.

The huge amount of pre-orders could not guarantee 100% of a successful future for Tesla, before their eyes is a long road before everything goes in the right direction. According to the roadmap set by Elon Musk, they aim to produce 100 Model 3 in August, up to 1500 in September and 20,000 cars per month in December this year. If the company fails to meet its goal or has a problem in mass production, or the demand for Model 3 is declining, analysts say it will be a step backwards not only for Tesla, but also for electric vehicle industry.

In 2016, Bloomberg predicted that electric and plug-in hybrids will account for 35% of the global car industry market share by 2040. By this year, they will adjust this prediction when they think that by 2040, there will be about 54% of all vehicles sold are electric vehicles. This adjustment is true when more and more automakers and governments support electrochemical. The French government will ban all fossil fuel vehicles by 2040. Volvo said it will not sell gasoline-only vehicles in 2019.

The world is following the trend of electric cars and the efforts of Elon Musk and Tesla have contributed significantly to that. Tesla has contributed to stimulating the world's largest carmakers to participate in the tram project."The Chevy Bolt electric car will never come out without Tesla," Navigant analyst said. "The Volkswagen Group is trying to shift from diesel to electricity as quickly as possible."