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RE: Tesla has a new competitor rising upon it's heals - Steemit meet the 2019 "Lucid Air"
The new Model 3 has a base price of $35,000. I'm sure that there'll be a cheap electric hatchback with decent range down the line (the new 2018 Leaf is approaching that at $30,000 with what looks to be a 40kWhr battery as standard).
I missed those numbers the last I saw those type of vehicles were selling for over $50K but admittedly I have been really busy lately and the stuff I use to follow I kind of have been too busy to follow closely
No worries, Tesla had to attack the market from the high end, it was the only realistic entry point for them since you can't build a mass market car without the economies of scale already available. Now they are finally getting there with a $35,000 car that has 500,000 pre-orders already (and each order requires a $1,000 deposit, so it's beyond impressive).