NEW YORK: Elon Musk’s Model 3, once touted as Tesla’s $35,000 car for the masses, can now set a buyer back almost $80,000.Musk unveiled specifications for a faster and more powerful version of the Model 3 in a series of tweets over the weekend. It will cost $78,000, more than double the $35,000 base-model starting price discussed into the run-up before the electric car’s deliveries started last year. The car “will beat anything in its class on the track,” he said. “The idea that it’s supposed to be a car for everyone is kind of laughable,” Drury said. “Anyone who wanted a base model may have to wait years out.” - Bloomberg

Source: The Star May 21, 2018 06:22 UTC