Tesla has yet to make a boom in the auto industry, but that is starting to change. Stirring up the nation with its release of Model 3, Tesla expects to make over $300 million in immediate revenue.
With a starting price of $35,000, the Model 3 is the most affordable Tesla on the market. Its leading Model S costs $70,000, and this price excludes the many upgrades that Tesla offers. Not only is the new model’s price appealing, the car also has a superb mileage run of 215 miles per charge.
According to The Atlantic, Tesla sold 25,202 Model S’s last year compared with the sales of 429,355 Toyota Camrys, 363,332 Toyota Corollas, and 355,557 Honda Accords.
The futuristic, affordable Model 3 is projected to make over $14 billion in future revenue.