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What Makes Tesla's Model 3 the Most Affordable Car?

April 1, 2016
by
TechCrunch
YouTube video player
What Makes Tesla's Model 3 the Most Affordable Car?

TL;DR

Tesla's Model 3, priced at $35,000, is designed to be an affordable electric vehicle, offering impressive features like a 0-60 mph acceleration in under six seconds and a range of over 215 miles per charge. With autopilot capabilities and a spacious interior for five passengers, it's already garnered over 150,000 pre-orders before its 2017 delivery.

Transcript

Tesla unveils an affordable car, Slack is now worth $3.8 billion tease, Google's April Fool's day screw-up and more... It's Friday, April 1st and this is Crunch Report. Late last night...after years of speculation, Tesla unveiled the model 3 at a starting price of $35,000...That makes it the most affordable Tesla to date. The base model will be abl... Read More

Key Insights

  • 😚 Tesla's Model 3 launch signifies an important milestone for the company, bringing affordable electric vehicles closer to the mainstream market.
  • 💝 Slack's latest funding round highlights the growing interest in workplace messaging platforms and the company's rapid expansion.
  • 😫 Managed by Q's unique employment model sets it apart from other on-demand service providers and may contribute to its success.
  • 🇪🇭 Kanye West's decision to release his album on major streaming platforms suggests a shift in his strategy to maximize revenue.
  • 😜 Google's failed April Fool's prank serves as a reminder of the potential downside of misjudging the humor of its users.
  • 🚙 Tesla's success with the Model 3 could disrupt the traditional automotive industry and accelerate the adoption of electric vehicles.
  • 💪 Slack's valuation indicates strong investor confidence in the company's growth potential and its position in the business communication market.

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Questions & Answers

Q: What are the key features of the Tesla Model 3?

The Tesla Model 3 offers a starting price of $35,000, 0 to 60 mph acceleration in under six seconds, at least 215 miles of range per charge, a 15" touchscreen, autopilot hardware, and front and rear trunks.

Q: How much funding did Slack raise and what was its valuation?

Slack raised $200 million in funding, leading to a post-money valuation of $3.8 billion.

Q: How does Managed by Q differ from other on-demand services?

Managed by Q stands out by hiring W-2 employees as operators who handle various office tasks, unlike many other on-demand services that use independent contractors.

Q: Why did Google remove the mic drop button from Gmail?

Google had to remove the mic drop button because it caused issues for some users, resulting in important emails being mistakenly marked as completed. One person even claimed they lost their job because of it.

Summary & Key Takeaways

  • Tesla announced the Model 3, the most affordable Tesla to date, priced at $35,000 with features like autopilot hardware and over 215 miles of range per charge.

  • Slack raised $200 million at a post-money valuation of $3.8 billion, securing its position as a leading business messaging startup.

  • Managed by Q, an on-demand workforce company, received a $25 million Series B funding round from Google Ventures and Kapor Capital.

  • Rapper Kanye West released his album "The Life of Pablo" on Spotify, Apple Music, and Google Play Music, despite originally stating it would only be available on Tidal.

  • Google's April Fool's Day prank, the mic drop button in Gmail, was removed due to causing unintended problems.


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