Showing posts with label Elon Musk. Show all posts
Showing posts with label Elon Musk. Show all posts

Tuesday, April 5, 2016

Tesla

Tesla Model 3


For the car lovers, the Tesla Model 3 is all the rage these days.  It was unveiled March 31st and there were lineups for the pre-orders.  The car won't be available until 2018.  The base list price is US$35,000 for this electric car.  The successful model S is around $70,000 so the model 3 will make Teslas more affordable for the general marketplace.

CEO Elon Musk is being compared to Steve Jobs of Apple, he is a (crazy) entrepreneur who took a lot of risks to debut the electric Tesla cars.  As entrepreneurs will do, he sold his shares as a co-founder of Paypal for US $165 million, almost lost it all when he started this new Tesla venture which has really taken off.  His net worth is now 13.5 billion US.