A Tesla Model S sedan that costs $70,000 is expected to be the cheapest car ever sold, a new study says.
That’s not a surprise given the price of electric cars has been rising steadily for the past five years.
The study, published by Edmunds, says the Tesla Model III will be the most expensive car ever made.
That is not necessarily bad news for the automaker.
But it’s a disappointment for customers who are concerned about a future with too much cost.
The new study said the Model III’s price will be $84,000.
Edmunds has been looking at Tesla’s stock prices since 2015.
Edmund’s report comes after the automataker posted a profit in the fourth quarter of 2019.
The company expects the profit to be up about 5 percent to $6.6 billion.
The Model 3, the company said, will be “the most affordable car ever produced.”
That car will be delivered to consumers in 2019.
For that, the report said the automaton will have to pay a premium.
In the report, the researchers at Edmunds said they used a $6,000 discount on the Model 3’s base price.
That means consumers will have $9,000 to spend.
The analysts say that discount will only be valid for a vehicle that’s been built to the Model S specification.
That includes a high-end, high-performance version of the Model X sedan.
Edmund also said the cost of the new Model III could be up to $1,800.
It’s not clear how much of that will be due to incentives, but the report says a car with a base price of $90,000 will have a sticker price of more than $1.5 million.
A car with the same base price and $4,000 in incentives will cost about $1 million.
The cost of that car will depend on many factors, including the cost and performance of the vehicle, Edmunds wrote.
It also said it used the $1 price point because it “is the average cost of production in the U.S. per unit of output.”
The analysts said the car’s price could be significantly lower than the current record high of $122,700 for the Tesla S sedan.
The current record-holder for most expensive luxury sedan is the Porsche 918 Spyder, which retails for $150,000, according to Edmunds.
The price of the Tesla 3, however, is the lowest of the current generation of luxury cars.
The base price for the Model I was $62,200 in 2021.
The report also said that Tesla could have achieved a better profit than the previous record-holders.
The automaker had about $4 billion in revenue in 2019, up from $2.7 billion in 2020.
In 2019, it made $2 billion in sales.
The earnings before interest, taxes, depreciation and amortization for the first quarter of 2020 was $2,788 million, down from $4.4 billion for the same period in 2019 and $933 million for the year.
The quarterly profit margin for 2019 was about 27.3 percent, the lowest for that period since the company began tracking its quarterly profit in 2009.
The profit margin was also lower than that for all of 2016, the last year for which quarterly results are available.
For 2019, the profit margin improved to 25.4 percent from 25.6 percent for the previous year.
This is good news for investors, as Tesla’s revenue has been growing steadily since 2016.
The stock price is up more than 30 percent over the past year.
That should be good news to Tesla investors, who may need to cut their dividend.