Can you tell the difference btwn a model S and a model 3? I can't. That means everyone who previously spent $100K on a Tesla, just lost their status symbol.
It's true that Elon has always said this was the plan. That the luxury car sales would enable the mass market car. But why do they have to look the same? Why not make more of a distinction btwn the cars, i.e. Toyota/Lexus? Or at least have more distinct names than "S" and "3".
Obviously this is a minor gripe. The car looks incredible and I hope they sell millions. I just hope they don't burn bridges w/ the people who helped get them here.
I really doubt that the 3 will feel nearly as posh inside as the luxury S. The status is in the level of interior design and premium interior materials.
Nor will the 3 be quite as smooth to drive, have the battery life, or the powerful motors that the S has.
Any auto maker could do the same thing. A Corvette with basic interior and a midline motor would not cost any more to make than an Impala.
In fact, I think that the 3 will decrease the manufacturing costs of the S because of the economies of scale in producing the shared parts. There will be many, many more 3's on the road than S's.
I just hope that Tesla eventually makes its own coupe/sports car with the same common and luxury models strategy. I don't need a 5 seater, because I don't have kids. I also don't need an $100k-$150k coupe. $40k-$45k would be a great price point for the non-luxury package to undercut the other auto manufacturers' entry level sports cars.