As I explained in my first post I hope to earn money with investing in cryptocurrencies and then buy a Tesla Model 3 with that. I'll be updating the progress towards my goal once every while.
What is the Model 3 going to cost?
At the moment that question is not easy to answer since the price of a Model 3 in The Netherlands is not yet known. However I tried to estimate it based on the relative price of the Model S in NL compared to the US. In the table below it can be seen that, when you use the relative price (which is 117% higher in € than in $), a Model 3 should start at about €41,000.
| Tesla | US Price | NL Price | NL/US |
|---|---|---|---|
| Model S (75D) | $ 74,500 | € 87,125 | 117% |
| Model 3 (short range) | $ 35,000 | € 40,931 (est.) | 117% |
My Crypto portfolio
As of today my crypto portfolio consists of about € 960 in BTC and ETH together and my Steemit wallet has an estimated value of € 120 ($145). In total that is nearly € 1,100.
Progress to my Model 3
Based on these numbers I now own enough crypto-money to buy 2.6% of a Model 3. So I still need to make (and invest) some more money in crypto before the Model 3 is starting to get in reach.
Fortunately the backlog of Model 3 reservations is still about 450,000. That means that, since I’m not one of them, I probably won’t be able to buy one within 2 years anyway…
Good luck, my man! I plan to get me a Tesla off of crypto as well.
Unfortunately, I had to buy a cheaper POS but once I get back up I'm getting me a Tesla too!
Thanks! How far are you in the process?