How come the Tesla Model 3 costs $49,000 instead of the $35,000 they were originally advertised at?

My Answer: Because they advertised the base model, not the average purchase model. Every manufacturer does this. The difference here is that Tesla does not appear to have ever had the intention of actually producing the base model at all. Or if they did, it will be far into the production …

Elio financials show why they aren’t viable, even if they do get funded

My story yesterday regarding Elio Motors asking the Caddo parish for a loan to buy the shuttered General Motors Shreveport Assembly plant (read it here) prompted me to do more research. For many of us, the bailouts of 2008-09, particularly the special treatment that GM and Chrysler received during them …

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