Newest Tesla electric Model 3 car will aim at middle market

Many experts and investors have noted that the success of the Model 3 electric-car is crucial not only to the reputation of Tesla, but also for the future of the electric vehicle industry.

Tesla (TSLA - Get Report) has long pinned its long-term hopes on both the Gigafactory, where it's manufacturing lithium-ion batteries, and the company's mass-market sedan, the Model 3.

So, no pressure or anything. Stifel Nicolaus restated an "outperform" rating and set a $400.00 price target on shares of Tesla Motors in a research note on Tuesday, January 5th.

"For $10,000 plus taxes and labor, P90D owners can have their vehicle retrofitted, decreasing its 0 to 60 miles per hour time by 10 percent to 2.8 seconds, and making its 0 to 155 miles per hour time 20 percent faster than a standard Model S", reported Auto Blog. If it flops, however, Tesla might never recover.

Normally known for his openness and candor, CEO Elon Musk and his team have not revealed much about the Model 3, save for a few details. He will have no more access to the cash that is required to run the company-remember, he makes no money.

Tesla is taking Ferrari's lead on its approach to selling its cars.

So, that sounds bad. Here, SeekingAlpha author Randy Carlson predicts three versions of the Tesla's upcoming Model 3. However, it will cost the customer a bit more.

Tesla Motors is all set to unveil its latest Model 3 on March 31, 2016 at the Tesla Design Studio in California.

The move is a big step in Tesla's plan to become a major automobile manufacturer and a clear leader in the electric vehicle market. Analysts anticipate that Tesla Motors will post $1.31 earnings per share for the current year.

The timing of the Model 3 concerns Karl Brauer, senior analyst at Kelley Blue Book, "because it's at least a year after the Chevrolet Bolt arrives, and additional pure electrics with a similar range could easily show up by late 2017".

Reserving a Model 3 requires a deposit of $1,000 for USA customers, and customers in other world markets can expect to see an equivalent price (for instance, Tesla asks €1,000 of European Union customers).

So, just four years into its existence, the Model S is already the top-selling large-luxury vehicle in the U.S.

Reservations are $1,000 apiece and can be refunded, so that relatively low cost of entry plus the promise of a refund could make a reservation appealing even to a non-Tesla owner who is interested in the buzz around the Model 3. Owing to the way that the clock system works on this planet, Australian consumers will be able to pick up the Tesla Model 3 several hours before fans of the vehicle in the United States. Self-driving cars are becoming increasingly popular, and if you're into the idea, the Model 3 could be your chance to have that feature.

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