Top Ten Reasons Not to Buy a Tesla 3

tesla-model-3-orange_largeOur article naming Top Ten Reasons to Buy a Tesla 3 was very popular. However, there are many good reasons not to buy a Tesla 3. Here are the top ten reasons why you should not buy a Tesla 3:

  1. You don’t have the $1000 deposit and don’ make enough money to finance it.
  2. You haven’t seen the Tesla 3 in person.
  3. You don’t have a place where you live to charge the Tesla 3.
  4. You can’t drive- there may be confusion about AutoPilot, it doesn’t do all the driving for you, you must have a driver’s license.
  5. You live in area where there are hardly any charging stations or Super Charging Stations.
  6. You travel extremely long distances on a regular basis.
  7. You expect the Tesla 3 to be delivered on time and will not have a car until then.
  8. You have no patience for software glitches and updates, you like things to work perfectly the first time around.
  9. You usually drive with a lot of people and need a larger car for a family.
  10. You don’t like being noticed and people talking to you about your car.

Are there any more reasons why you shouldn’t buy a Tesla 3? Please post  them your answers in the comments, below.

So far there are reportedly 400,000 deposits of $1000 each for the the highly anticipated Tesla 3. There are daily news stories reporting details of the smaller version of the Tesla S.

Elon Musk said that the battery pack will get a 215 mile range. However Musk said in an earnings call that the battery will not have to 75 Kilowatt hours like the Chevy Bolt to achieve that range.

The interior design of the Tesla 3 has not be announced yet. It may or not may not have the same 19 inch screen as the Tesla S. Because of the large number of orders, it is not likely that Tesla 3 buyers will get the $7500 Federal tax credit which is limited.

In the State of California where there is generous $2500 rebate on electric vehicles, there is now a income cap of:

  • $250,000 for single tax filers.
  • $340,000 for head-of-household filers.
  • $500,000 for joint filers.

Rebate amounts are increased by $1,500 per rebate for consumers with household incomes less than or equal to 300 percent of the federal poverty level. Increased rebate amounts are available for fuel-cell electric vehicles, battery electric vehicles, and plug-in hybrid electric vehicles.

The purchaser must own, lease and register the vehicle in California for 30 months. Except for rental, public and car share fleets, no single entity is eligible to receive more than two CVRP rebates either via direct purchase and/or lease.

With previous Tesla Models, extremely rich buyers were given rebates. Stats show that 77% of rebates went to buyers who made over $100,000 a year.

Californians who buy the $35,000 may be able to get the California rebate that make the price in line with average cost a never vehicle $33,666.