FCA Already Wants To Copy The Tesla Model 3

Rumor

The Model 3's business case just seems too good to be true.

Even though the production Tesla Model 3 is over one year away, many people would already call it a success. Tesla took over $11 billion in preorders in just the first week alone. With a base price of $35,000 and an average order price of $42,000, this is a staggering success for Tesla. Other manufacturers have already taken notice. FCA CEO Sergio Marchionne said that "I'm not surprised by the high number of reservations but you have to then build and deliver them and also be profitable." Clearly Marchionne shares some of our skepticism.

Marchionne seems to think that Tesla will have trouble being profitable with a $35,000 base price. However, if Tesla CEO Elon Musk can prove that the Model 3 will be profitable, then FCA "will copy the formula, add the Italian design flair and get it to the market within 12 months." Clearly FCA is waiting with baited breath to see how the Model 3 does, and we bet the rest of the auto industry is just as curious. Do you think the Model 3 will be a success? If so, do you think other manufacturers would be smart to copy it? We kind of like the idea of a sexy Italian version of the Tesla. It would definitely give the Californian EV some much needed competition.

You Might Also Like
10 Amazing Concepts From Boring Manufacturers
10 Amazing Concepts From Boring Manufacturers
Driving Maseratis From Paris To Monte Carlo: A Journey Of Discovery
Driving Maseratis From Paris To Monte Carlo: A Journey Of Discovery
Fake Lamborghini Murcielago SV Reverse-Engineered By Iran

The Chinese couldn’t have done it better.

Hennessey Trackhawk Is World's Quickest SUV

That's what a thousand horsepower will do for ya.

5 Things You Need To Know About The 2019 BMW X5

After driving the car for the first time, here are our key takeaways.

Watch The BMW M2 Competition Lap The Ring In 7:52

That was supercar territory not long ago.

Kim Jong-un Gets Classy With New Ride

So much for sanctions.

Drifting A 1,000-HP Corvette On Mountain Roads Takes Some Serious Skill

Thought drifting the entire Nurburgring was challenging? Try it in a 1,000-hp Corvette on a mountain road with no safety rails.

Hennessey Heritage Edition Ford Truck Makes More Power Than Anything You’ve Got

This crazy beast is even more powerful than the Ford GT.

Ford Imagines A Future With No Traffic Lights

Stopping at junctions could be a thing of the past in the future.

What's Hot