New 2023 Tesla Model 3 Upgrade
I expect upgrade in Model 3 should be able to match China-brand EVs with lower production cost (using economy of scale and state of art Gigafactory assembly line) so that Tesla can push for lower price with the same profit margin per vehicle.
Tesla's aim is to push for higher sales and capture more China market share. If Tesla can do this without price cut, we'll see a rise in revenue and gross margin in Q4 and soar in share price.
Quote:
Edmunds estimates that the 2023 Tesla Model 3’s debut will happen sometime in the winter of 2023, but buyers likely won’t be able to receive the effective delivery of their new electric luxury car for months after that. Furthermore, many optimists forecast that even if the 2023 Model 3 will be available early next year, you may not be able to get one until at least the spring or summer.
The new model will likely offer very similar specs and range to the model currently available, including:
1. Between 272 miles and 358 miles of EV range
2. Rear-wheel drive or all-wheel drive 0–60 mph in as little as 3.1 seconds
3. Panoramic glass roof
4. Heated front and rear seats
5. Heated steering wheel 15-inch touchscreen infotainment system
6. 18 inch wheels
7. Keyless entry and start
8. Max Supercharging of 170 kW
There are rumors that the 2023 Tesla Model 3 may have options to add matte carbon fiber accessories including dashboard replacements, door trim replacements and more.
1. Between 272 miles and 358 miles of EV range
2. Rear-wheel drive or all-wheel drive 0–60 mph in as little as 3.1 seconds
3. Panoramic glass roof
4. Heated front and rear seats
5. Heated steering wheel 15-inch touchscreen infotainment system
6. 18 inch wheels
7. Keyless entry and start
8. Max Supercharging of 170 kW
There are rumors that the 2023 Tesla Model 3 may have options to add matte carbon fiber accessories including dashboard replacements, door trim replacements and more.
In summary, the 2023 Model 3 will therefore arrive with only minor cosmetic and trim modifications, and this is coherent with Tesla’s strategy since its inception: Tesla hasn’t drastically altered the blueprint of its sedan, so don’t expect massive changes until a redesigned model appears in the future.
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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