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September 24, 2020 03:35 pm GMT

Tesla EVs cost too much, so drivers turn to car-sharing

Tesla EVs cost too much, so drivers turn to car-sharing

This week, Tesla CEO Elon Musk berated his own electric vehicle company for offering products that are too expensive. He pledged to offer a Tesla for $25,000 in three years, after his company starts producing its own lower-cost, more efficient battery. For now, the cheapest Tesla is the standard Model 3, with a 250-mile range, for $37,990.

"EV marketshare is growing, but electric vehicles still aren’t accessible to all," Musk said earlier this week at his company event known as Battery Day. "We need to make more affordable cars."

But even if Tesla's higher-range and higher-performance vehicles are inaccessible to many would-be EV owners, the cars are gaining popularity in the car-sharing community. Car-sharing platform Turo has seen Tesla rise on the site, both for hosts offering up their Teslas for short-term rentals and "guests" renting out the Teslas.  Read more...

More about Tesla, Car Sharing, Turo, Tech, and Transportation

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/sAEfeEuzdko/

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