Tesla’s competitors want to know the secrets of the company’s Model 3 entry-level electric sedan, and they’re willing to pay more than $500,000 for them.
That’s according to a new report saying a Chicago-area engineering company has bought several Model 3s for about $100,000 each, from third parties.
Caresoft Global is pulling the cars apart, doing high-tech imaging scans and “selling data and technical insights to Tesla competitors — for upward of $500,000,” the Wall Street Journal reported Jan. 30.
Production delays have beset the car — which starts at $35,000 — and only a few thousand Model 3s at most have so far been delivered to customers, and many of those have gone to Tesla employees.
“A shortage of Model 3 sedans has created a frenzy among curious competitors, Tesla enthusiasts and auto reviewers to get their hands on the electric car,” the WSJ reported (paywall).
“Investors and competitors are devouring any morsel of information.”
Read the full story at SiliconBeat.