Join Date: Dec 2016
Location: Discovery Bay, CA
Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 371 Post(s)
Tesla Model 3- Help or hinder the Bolt?
In about a year from now, the Tesla Model 3 will likely be a reality and start to hit the streets in the hands of customers. I expect it to sell really, really well at least initially. The question here is, do you think the Model 3 will help Bolt sales, hurt Bolt sales, or really have no effect on Bolt sales?
On one hand, the Tesla holds a lot of cache. It's cool to own a Tesla, a Chevy not so much. The Model 3 is sexy looking and likely will be faster then the Bolt.
On the other hand the Bolt offers greater utility, a lower purchase price, a conventional dashboard arrangement and likely a little bit better range.
The Model 3 will likely be a short lived sensation with sales blowing the Bolt's numbers out of the water, but when it calms down and the short comings of the 3 are more well known, some consumers may start to cross shop.
On the other hand, the Model 3 may turn out to be a fantastic car in almost all respects so much so that only if you really need your BEV to haul stuff, there is no point to the Bolt.
There is also the argument that the Model 3 may increase interest in BEVs and get people to shop that otherwise would not with the the older Model S, LEAF, i3 and bevy of compliance cars. In effect, some might "discover" the Bolt in the process of learning about the Model 3. We have to remember that nearly all of America knows almost nothing, or cares very little about electric cars today. Many are down right hostile towards them.
Anyhoo, what do you all think?