Tesla’s design 3 sedan is usually blowing engineers away, although the idea might be a big headache for folks in finance.
Analysts at UBS pulled apart three different electric cars to compare their technology along with production costs: a completely new Tesla design 3, a 2014 BMW i3 along using a 2017 Chevy Bolt.
The engineers hired by UBS to examine a $49,000 2018 design 3 were “crazy” about the powertrain, “highlighting next-gen, military-grade tech that will’s years ahead of peers,” said UBS analyst Colin Langan in a note dated Wednesday. although the costs were higher than expected, along with the cars could lose about $6,000 each at Tesla’s original plan to sell an entry design at $35,000, he said.
the idea is usually another sign Tesla may have trouble turning into the mass-market automaker the idea said the idea wants to become.
Plans to manufacture the lower-cost vehicle have been delayed since its announcement in 2016 as the electric car producer struggled to meet demand. CEO Elon Musk said in May that will manufacturing the design 3 at that will cost “right away” could cause Tesla to “die.”
The company had originally billed the design 3 as a sleek electric vehicle for the masses, along with the auto that will could turn Tesla through a smaller maker of expensive electric cars to a volume producer.
Instead, Tesla focused on higher-cost versions that will yield better margins. The profit margin on the $49,000 type UBS tore apart was about 18 percent, for example.
UBS hired the engineers for a breakdown of each car’s powertrain along with battery, electronic controls, frame along with body as well as Inside along with safety features. They evaluated each part’s design, ease of manufacturing along with cost.
Tesla beat its two competitors in cost, although the design 3 didn’t have has big a lead over the additional automakers as UBS had expected. UBS based its estimates on consultations with engineers along with industry research.
Tesla, Chevrolet along with BMW were not immediately available for comment.
However, some of the design 3’s technology seems to be far ahead of Chevrolet along with BMW. In particular, Tesla’s electric powertrain stood out as exceptionally simple along with flexible.