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Archive for the ‘Tesla’ Category

PostHeaderIcon Tesla Comes Through for its Customers as they Scramble to get out of Harm’s Way

Now, there’s no denying that after Hurricane Harvey kicked the hell out of Texas, it was a ridiculous for Mother Nature to rape all of Florida too, but sure enough, it happened anyway. Originally deemed the most powerful storm ever recorded, Irma was larger than the state of Florida itself and has left a path of destruction as it made its way from the Atlantic toward the sunshine state. It decimated a few smaller islands and kicked Cuba’s ass a bit too before crossing directly over the Florida Keys and wrecking the West coast of the Florida peninsula. As Irma made its deadly approach toward the land of oranges, evacuation orders were issued and panic set in – not so much so that looters didn’t take their chances, of course, but we’ll leave that story for another time. In the end, the last few days before Irma made landfall in Florida were chaotic, to say the least.

Air traffic was a nightmare, leaving us to question how air traffic control even managed to prevent disaster, and the highways were jammed up like Satan himself was birthing from the bowels of the earth. Gas prices skyrocketed, and so did the price of bottled water as everyone tried to take advantage of the situation, claiming supply and demand as the reasoning for price gouging. Meanwhile, Tesla took a different approach and helped out its customers as they struggled to evacuate.

So, while some local businesses showed their ugly side by hiking prices like the apocalypse was coming, Tesla decided it would remove the range limiter on its lesser Model S and Model X vehicles in Florida, effectively giving owners an extra 30 to 40 miles, according to Electrek. And, it was all thanks to one owner who reached out to Tesla saying he needed just an extra 30 miles to get out of his mandatory evacuation zone. So, once Tesla heard from this customer, it decided that other Tesla owners might need the same, and temporarily unlocked the extra range via an over-the-air update. The update was effective on all 60D models of the Model S and X, which were sold with 75 kWh batteries that were limited with the option to unlock their full potential at a later time – something that would cost owners between $4,500 and $9,000 depending on the vehicle and time of the update. Keep in mind that this isn’t a permanent upgrade, and it will expire, but it certainly served an important purpose and has proven that not all automakers are greedy and self-absorbed. Keep reading to learn more.

PostHeaderIcon Refer your Homies to Tesla, and You Might Get to Drive Godot, Elon Musk’s Prized Tunnel Digger

If you’ve been paying attention for the last few years, you know Elon Musk has a funny way of driving sales, generating money, and enticing customers. When it comes to money, the man might as well have a key to Fort Knox, and with Tesla’s referral program, he’s coming up with ways that really make you want to push your friends to jump on the EV bandwagon. As reported by Teslarati, Tesla’s newest incentive, which is currently called “Secret Level Two,” allows members of the referral program to give five more of your friends unlimited supercharging and $1,000 off of a new Model X or Model S. But, that’s not all, if all five of those people take delivery, you’ll get the chance to drive Godot and will get unlimited bragging rights to remind all of your friends that you got to take part in digging holes under cities like Los Angeles – where Musk just recently received official approval to start his mass transit tunnel.

So, get enough people to spend some $80,000 on a Tesla, and you could take place in a piece of history should Musk’s tunneling system really work out. Who knows, maybe he’ll even be nice enough to let you engrave your initials inside one of the tunnels or sign your name on Godot somewhere for the world to see. Right now, however, Godot is at rest, hibernating some 15 feet below the surface of Tesla’s parking lot in Hawthorne, California – the site of Musk’s test hole and what undoubtedly led to him getting the interest of some city officials in making his transit system a reality. Musk has even been quoted by other publications as saying “I’ve been down there on the machine and it’s mind-blowing.” Hard to believe for a machine that quite literally craws through the earth like a big earth worm, but how often do you get to take part in digging a tunnel with a beast of a machine like Godot?
Check out the “Secret Level 2” alerts below and learn a little more about The Boring Company.

PostHeaderIcon Will Uber and Tesla Join Forces To Redefine Transportation?

So, Tesla has clearly expressed its plan to introduce fully autonomous ride sharing and taxi services, which is the same exact segment of transportation that Uber is moving toward. As of now, the two companies can work without paying too much attention to one another, but as time progresses, these companies will slowly begin to venture closer to becoming competitors – eventually setting a collision course for one another that could result in a pretty epic battle that would redefine the very nature of future transportation. Just think, we could even see Teslas and Uber vehicles smashing into each other all Vigilante 8 and Carmageddon style in a futuristic, AI-fueled, throw down that results in death, destruction, and cinema-style chaos. Okay, so maybe that’s extreme, but the fact of the matter is that these companies will eventually buck horns if both live up to their own expectations, but what if they do come together as one?

Well, Jason Calacanis – and early angel investor of Uber – spoke about such a thing on his web show, This Week in Startups. He believes it will be a good idea, and that the two should join forces to create the ultimate transportation company. He believes that, together, they could beat every other company at transportation. It could be an amazing collaboration, and Calacanis even believes that Elon Musk would act as the CEO of both companies (because he doesn’t have enough on his plate with SpaceX, Neuralink, Tesla, Hyperloop, and The Boring Company,) while Uber found Travis Kalanick would transition into being a board member of Uber. But when you take a look at the source, there’s a clear reason why Mr. Calacanis would like to see such a collaboration and joining of forces…

PostHeaderIcon If Your Tesla Model S or Model X was Built Before 10-2016 It May Need Upgrades for Level 5 Autonomy

Tesla has been in the news a lot lately with the official delivery of the first Model 3s and its recent call to discuss the second quarter of 2017. We’ve learned a lot over the past couple of weeks, including the price of the Model 3, some specifications, battery size, and we even learned that it will lend its platform to the upcoming Model Y. However, word was that any Tesla vehicle built after October of 2016 would include hardware version 2.0 (dubbed internally as HW 2.0) and would be capable of Level 5 autonomy – think “look mom no hands” – via a simple over-the-air update once the software was compiled and ready to be put into service. That’s all cool and the gang, right? Well, maybe not as the kick off of Model 3 production also led to the introduction of HW 2.5, if reports from Electrek are to be believed. Word has it that this new computer features an extra GPU (graphics processor unit) for more computing power and has cut down on the number of wires found in HW 2.0.

No, the HW 2.0 hardware makes use of a single GPU and is fairly basic for a technology tasked with such a groundbreaking mission. Source say that Autopilot 2.5 uses a secondary node to increase the number of computations possible per minute which should come pretty close to what Nvidia – the maker of Tesla’s AutoPilot hardware – expects Level 5 autonomy to take. Of course, we didn’t even know what was going on with the HW 2.0 until one brave owner decided to tear his Model S’ computer a part to take a look for himself. And, as you would expect, Tesla is staying rather mum on the subject, simply saying that it’s not a major upgrade and should really be considered “HW 2.1.” Will the old 2.0 system really be enough for Level 5 autonomy, and what happens if it won’t be? Keep reading to find out.

PostHeaderIcon Tesla Model 3 Production Funded as Investors Beg Elon Musk to Take Their Money

The car business is an expensive one, and moving things in the right condition can be quite costly. As such, Tesla was in a bit of a bind when it came to funding Model 3 production – something that could have thrown a monkey wrench into Elon’s whole plan to ramp up production to 500,000 units by the end of 2018. But, when it comes to money, people quite literally trip over their own feet in a rush to fund the pockets of one of the world’s elite and most interesting businessmen. So intensely, as a matter of fact, that it took him just four hours last week to raise nearly $600,000 of the $1.5 billion he was seeking. It’s only been a week since WonderBoy sold more than a half-million worth of Junk bonds to investors, and now we’re seeing word that Tesla’s fearless leader has managed to hit his goal, and even surpass it, securing a total of $1.8 billion in “eight-year unsecured bonds at a rate of 5.30 percent.”

So, at this point, everything looks to be moving full steam ahead for Tesla, thanks to its huge influx of cash. One has to commend Musk for being able to raise so much so quickly. But, it’s not without its risk. If things happen to go south, investors could take a huge blow. That’s the thing about buying up debt – it offers high yields in the long run, but it’s also possible to lose your ass too if things don’t work out as they should. Of course, this also means one thing – Tesla’s Model 3 production may not be plagued by delays and setbacks. But, it’s still possible. Keep reading to find out why.

PostHeaderIcon Tesla Model 3 Battery Specs, Cost per Battery, and Profitability Projections

Not even a week ago, I brought you the news about a leaked EPA document that give us some figures for the long-range Tesla Model 3 – with the most important figures being the 3,937-pound curb weight and a meager 258 horsepower. These figures allowed us to determine that the long-range model likely had an 80-kWh battery. I later speculated that the standard model would use somewhere between a 50- or 60-kWh battery. Well, in a call with Goldman Sachs for the bondholders that bit onto Musk’s money-raising bait it was confirmed by the big (or little?) guy himself that the standard model gets a battery that is “just over 50 kWh” while the long-range version comes with a 75 kWh battery – turns out that my math and speculation was pretty spot on. Bully for me.

But, that’s not even the most important part – what’s important is that Elon Musk is expecting to see a 25-percent gross margin on each Model 3 Tesla sells. That’s a huge figure when we’re talking about a $35,000 car, but the pivotal deciding factor is the price of each battery that goes into this little EVs. During his call with Goldman Sachs, Musk refused to disclose the cost of each battery but claims that it is cheaper than the competition, and at one point it was said to be less than $190 per kWH. So, how does Musk plan to make so much money of the Model 3? Well, he seems to believe that battery cost could be below $100 per kWh by the end of the decade and even lower in the years to follow. What do these batteries really cost? We can’t say for sure yet, but we have an idea, so let’s do some math.

PostHeaderIcon Elon Musk Pulls in $600 Million in a Matter of Hours with Junk Bonds – Con Man or Impressive Genius?

Now, there are a number of things you could call Elon Musk. You could say he’s ambitious or intriguing. Even innovative and driven, just to name a few. But, if there is anything the man is really good at, it’s convincing people to give him money. Over the last seven years alone, he’s asked his cult of long-time and obsessive followers to supply funds to help with Tesla’s growth a total of eight times, and there was obviously enough secured to keep Tesla running full steam ahead. Now, within just a couple days after the big launch and first deliveries of the Model 3, Musk admitted that he needed more money to fund Model 3 production – a total of $1.5 Billion. He decided to throw a four-day debt-marketing party aimed at raising that insane amount of money and was reportedly able to raise nearly $600 million in just a few hours by selling junk-rated bonds to debt investors. And, the crazy part is, most will walk away with no more than five-percent interest on their bonds, even if everything goes swimmingly.

Chief Investment Officer of Lehmann, Livian, and Fridson Advisors LLC, Marty Fridson, told Automotive News that these junk bonds are actually a decent deal for the investors. “The reason they’re getting a good deal is because yields are near record lows and risk premiums are much less than they should be. Tesla is taking advantage of that.” And, that shouldn’t come as a surprise considering the Model 3 is the one big chance Tesla has to actually become a mass market manufacturer. And with an ambitious goal of ramping up production, the company does need all of the help it can get. After all, Musk projects a total of 500,000 vehicles produced in 2018 with as many as one million per year starting in 2020.

But, is it all copasetic or is the smoke and mirrors game really in risk of sticking it to investors?

PostHeaderIcon EPA Documents Show that the Tesla Model 3 is not a Powerful Vehicle

The Model 3 has finally entered production and the first 30 orders we fulfilled at a special handover event in Australia just a little over a week ago. During the handover event, we learned some new things about the Model 3 and Tesla as a whole. Production of the Model 3 is set to ramp up significantly over the next year, but what was more important were the specs that we received. The Model 3 starts out at $35,000 and offers up a Tesla-estimated range of 220 miles. It can hit 60 mph in 5.6 seconds and tops out at 130 mph. If you opt for the long-range model, you’ll get 310 miles along with the ability to hit 60 mph in 5.1 seconds on the way to a top speed of 140 mph. And, those specs sound great and all, but our man Elon doesn’t exactly like to disclose all information up front, which means we were left with at least a few questions. We had no idea about system power output or even how much the car weighs. And, while we still haven’t gotten word from WonderBoy Musk or Tesla, the EPA has gotten its hands on an example of the Model 3 and issued a report that gives us some fresh info.

There’s really not much, but the EPA did test the long-range model, so we’re talking about a cost of at least $44,000. Reading the EPA report kind of feels like reading a different language at times, but if you dig through the report, more specifically on page four, you’ll find that the long-range model offers up just 258 horsepower. That means that the standard model probably offers a bit less. So, how is it still able to hit 60 mph so quickly? Well, you can credit the 3,837-pound curb weight. That, and the fact that the electric motor is a direct drive unit and it can deliver near-instantaneous torque. It may be able to beat out a lot of cars rated at the same output, but this baby won’t be beating any sports cars anytime soon. To put this into perspective a bit, the Model S tips the scale at 4,647 pounds, so the Model 3 is upward of 1,000-pounds lighter. We still don’t know for sure what size battery the Model 3 is toting around, but if you do the math, it should come out to be about an 80-kWh battery pack. That means the standard-range model likely makes use of a 50 or 60-kWh battery. And, for those of you who want to call out that the Model 3 should only support a 75-kWh battery, that figure was usable capacity, not maximum capacity, so be nice in the comments section. 😉

With all of this being said, we’ve obtained a PDF version of the EPA report that you can review for yourself. It has been embedded below. Is there anything important you can spot that we might have missed? Let us know in the comments section.

PostHeaderIcon Did Elon Musk Trick Us into Believing the Tesla Model 3 is Affordable?

Ever since Elon Musk told the world about his intentions of making the Model 3, he has marketed it and boasted it as an affordable mass-market vehicle, even claiming that it would be a car just about anyone could get into. It was a long time coming, but on July 28th, the first Model 3s were delivered in a big handover party in Australia. Tesla’s main homepage also live streamed the festivities. As part of that handover party, we finally got the long-awaited word on specifications as well as official pricing. Now, at a glance, the Model 3 does look pretty affordable – it’s an EV sedan that in base form will cost you $35,000 and offer a range of 220 miles. That’s not bad, and it’s on par with cars like the Nissan Leaf and pretty close to the Chevy Bolt EV. No big deal, right? Well, there is, because the Nissan Leaf and Chevy Bolt EV both have more amenities inside without such a bland look, and the options for the Model 3 could make it quite the expensive little car.

So, let’s talk about that a little more. At $35,000 you get the most basic vehicle ever to be labeled as an entry-level model.
This thing has no instrument cluster, no head-up display, and no real character inside. Of course, that 15-inch display provides all of the information you might need and controls all major functions of the interior, but it’s basic. The cabin is only attractive because it’s different, and to be honest, it even looks a little cheap. But hey; it’s a cheap EV, so that’s to be expected. You’re not going to get wood trim, a personal chauffeur, and a gorgeous blonde to go along with the car with a price tag like that. If you’re buying a $120,000 Porsche, then maybe you should negotiate for some extras. The question is, how many people will really settle for the base model? Would you really want to, knowing you only get 220 miles of range? I mean, let’s get real, it doesn’t even come with Tesla’s biggest selling point: Enhanced AutoPilot.
So, is it affordable? Well, keep reading to see for yourself.

PostHeaderIcon Tesla Model 3 Has Easter Eggs Galore

Elon Musk may not be the most personable guy in the world, but the man still knows how to have some fun along the way to becoming one of the most influential minds of this generation. Tesla owners will likely attest to this as they’re front and center on all the Easter eggs that Musk and his people at the company have released over the years. The recent launch of the Model 3 brought the conversation of these Easter eggs back to the forefront, and while they don’t really move the needle in terms of making Teslas more attractive in the consumer’s eye, they’re still fun little quirks that add to the appeal of these electric cars.

Over the years, we’ve seen plenty of different Easter eggs from Tesla, some cooler and more fun than others. The Model 3 appears to be no different now that we’re seeing the bag of eggs it has at its disposal. One particularly cool Easter egg, albeit a useless one in the grand scheme of things, is the ability of the navigation system to show a map of Mars and turn the Model 3 on the screen into the Mars Curiosity rover. This particular easter egg can be accessed by pressing and holding the “About Your Tesla” section of the infotainment screen until a second screen pops up. It’s worth mentioning that this second screen actually has a menu of Easter eggs to choose from, including the familiar “Rainbow Road” and a new one called “More Cowbell.” Yes, that cowbell. Apparently, Elon Musk has a fever… and the only prescription is MORE COWBELL! Oh, there’s also a sketchpad for drawing and writing notes, you know, while driving.

Continue after the jump to read the full story.

PostHeaderIcon Tesla Model 3 Has Easter Eggs Galore

Elon Musk may not be the most personable guy in the world, but the man still knows how to have some fun along the way to becoming one of the most influential minds of this generation. Tesla owners will likely attest to this as they’re front and center on all the Easter eggs that Musk and his people at the company have released over the years. The recent launch of the Model 3 brought the conversation of these Easter eggs back to the forefront, and while they don’t really move the needle in terms of making Teslas more attractive in the consumer’s eye, they’re still fun little quirks that add to the appeal of these electric cars.

Over the years, we’ve seen plenty of different Easter eggs from Tesla, some cooler and more fun than others. The Model 3 appears to be no different now that we’re seeing the bag of eggs it has at its disposal. One particularly cool Easter egg, albeit a useless one in the grand scheme of things, is the ability of the navigation system to show a map of Mars and turn the Model 3 on the screen into the Mars Curiosity rover. This particular easter egg can be accessed by pressing and holding the “About Your Tesla” section of the infotainment screen until a second screen pops up. It’s worth mentioning that this second screen actually has a menu of Easter eggs to choose from, including the familiar “Rainbow Road” and a new one called “More Cowbell.” Yes, that cowbell. Apparently, Elon Musk has a fever… and the only prescription is MORE COWBELL! Oh, there’s also a sketchpad for drawing and writing notes, you know, while driving.

Continue after the jump to read the full story.

PostHeaderIcon The Tesla Model Y Will Make its Debut Much Sooner Than Expected

Now that the Tesla Model 3 is officially rolling off of the line and the first 30 owners have taken delivery, it’s time to turn our attention to something else – the Tesla Model Y. It’s not only the model that will complete the S3XY lineup that Elon Musk has boasted about for so long, but also promises to be an affordable all-electric crossover for those who can’t necessarily afford the larger Model X. Up until now, the plan was for the Model Y to be built on an entirely new platform that would make it different from every other vehicle in Tesla’s lineup and it would also ditch the 12-volt battery architecture in an attempt to simplify the production process (no 12-volt system means less wiring to install by hand.) But, as it usually goes with the automotive industry, things can change overnight, and during Musk’s August 2nd earnings call, he admitted that he was being overly ambitious and would, indeed, bring the Model Y to market faster by using the same architecture as that of the Model 3.

Obviously, by deciding to use the same underpinnings as the Model 3, Tesla will cut back on its research and development costs and time spent considerably. And, that smaller crossover that was originally slated for production in late 2019 or early 2020 could, potentially, go into production by mid-to-late 2018 if things go well.
It’s still quite possible that the Model Y will ditch that 12-volt system, which would make it the first Tesla model to do so, and rumor even has it that it might get those falcon-wing doors from the Model X. In the first half of 2017, Tesla managed to ship 47,000 vehicles, which isn’t bad but is still a far cry from meeting Musk’s goal of delivering 1 million cars by 2020. As such, the Model Y – and the Model 3, for that matter – are absolutely paramount to hitting that goal. If the Model Y can make it into production faster by borrowing DNA from the new Model 3, it will give Tesla a much better position to meet that extremely ambitious goal.

Keep reading to learn more.

PostHeaderIcon The Tesla Model Y Will Make its Debut Much Sooner Than Expected

Now that the Tesla Model 3 is officially rolling off of the line and the first 30 owners have taken delivery, it’s time to turn our attention to something else – the Tesla Model Y. It’s not only the model that will complete the S3XY lineup that Elon Musk has boasted about for so long, but also promises to be an affordable all-electric crossover for those who can’t necessarily afford the larger Model X. Up until now, the plan was for the Model Y to be built on an entirely new platform that would make it different from every other vehicle in Tesla’s lineup and it would also ditch the 12-volt battery architecture in an attempt to simplify the production process (no 12-volt system means less wiring to install by hand.) But, as it usually goes with the automotive industry, things can change overnight, and during Musk’s August 2nd earnings call, he admitted that he was being overly ambitious and would, indeed, bring the Model Y to market faster by using the same architecture as that of the Model 3.

Obviously, by deciding to use the same underpinnings as the Model 3, Tesla will cut back on its research and development costs and time spent considerably. And, that smaller crossover that was originally slated for production in late 2019 or early 2020 could, potentially, go into production by mid-to-late 2018 if things go well.
It’s still quite possible that the Model Y will ditch that 12-volt system, which would make it the first Tesla model to do so, and rumor even has it that it might get those falcon-wing doors from the Model X. In the first half of 2017, Tesla managed to ship 47,000 vehicles, which isn’t bad but is still a far cry from meeting Musk’s goal of delivering 1 million cars by 2020. As such, the Model Y – and the Model 3, for that matter – are absolutely paramount to hitting that goal. If the Model Y can make it into production faster by borrowing DNA from the new Model 3, it will give Tesla a much better position to meet that extremely ambitious goal.

Keep reading to learn more.

PostHeaderIcon We Need More Risk Takers Like Tesla In The Auto Industry

I like Tesla, but not for the reasons you’re thinking. No, I’m not gonna carry the banner for the “EV Revolution,” and no, I don’t want a robo chauffeur to drive me around, and no, I don’t think Elon Musk is a billionaire dreamboat. Okay, maybe that last one holds some weight, but that’s not the point. I like Tesla because it’s not afraid to try something different, to forge a fresh path, to make mistakes. Tesla is a risk taker, and in an industry filled to the brim with plodding dinosaurs, the California-based automaker is a hairy mammal – small, quick, and a sign of things to come.

Never mind bludgeoning your way into an industry where the odds of start-up success are so low, you’re better off serving ice cream in the Arctic Circle. Never mind championing powertrains that contradict more than a century of convention. Never mind testing new technology on public roads with customers at the wheel. What I like about Tesla the most is its attitude – the company is up front about what it’s doing, communicating its intentions without hyperbole and without an inkling of shame. Think electric vehicle technology is important? Then make it look good, make it fast, make it desirable. It’s never been done before, and it’s a big risk, but that’s what innovation is all about. Think autonomous vehicles will save lives? Then start offering autonomous features now, and see what happens. Some will criticize, and some will point fingers, but if you just sit on your hands, nothing is gonna get done.

Risk taking is important, and as long as it’s done in a calculated way, it can pay big dividends. The auto industry needs more risk takers like Tesla.

PostHeaderIcon The Tesla Model 3 Is Designed For Fully Autonomous Operation, So Where Are The Robo Chauffeurs?

Tesla is finally rolling out the Model 3, kicking off production with a “handover” party wherein company CEO and star boy extraordinaire Elon Musk gave us the skinny on the new sedan’s specs. In addition to learning about important numbers like range per charge and 0-to-60 mph times (310 miles and 5.1 seconds respectively for the top-trim Long Range model), Musk let slip this little nugget regarding Tesla’s self-driving aspirations: “Every Tesla being produced right now – the Model 3, the Model S, the Model X – has all the hardware necessary for full autonomy.” That means visual cameras, radar, ultrasonic sensors, and a whole lot of computing power as well. However, the Model 3 still requires a human pilot in the driver’s seat, so what gives?

The answer can be found buried deep in the Model 3 press release, following a $3,000 price tag for the Full Self-Driving Capability package: “This feature is dependent upon extensive software validation and regulatory approval, which may vary by jurisdiction.” Read on for a translation of what that really means, and a prediction of when your car will ferry you around sans inputs.

Continue reading for the full story.

PostHeaderIcon Elon Musk Takes a Stab at Volvo During Tesla Model 3 Handover Party

The Model 3 handover party kicked off last Friday, late in the evening, making it a very late night for those of us on the East Coast. Be that as it may, I sucked it up and watched anyway. Now, I was really hoping for some special surprise to be presented – maybe an early concept of the Model Y or even the successor to the Tesla Roadster – but that, unfortunately, didn’t happen. The show wasn’t a complete bust, though, as not only did we finally get the specs we’ve been itching for, but we got to see Elon himself troll Volvo in a way that only he could pull off. In what has to be a pretty big blow to Volvo, considering the Model 3 quite literally kicked the Volvo S60’s ass in a 20-mph side-impact crash test. For those of you who don’t know, the S60 is regarded as one of the world’s safest cars and does have a five-star safety rating in all categories from the NHTSA. With that said, it’s mind boggling how much better the Model 3 was able to absorb such an impact.

When talking about the Model 3’s safety, Elon just couldn’t resist trolling Volvo just a little bit, saying “Something like the Volvo [S60,] great car – by normal standards very safe… the Volvo is arguably the second safest car in the world.” That line by itself isn’t exactly all that funny, but if you watched the live stream or hit play on the video below, you see that the context in which it was said was quite hilarious. And, you can’t blame him, the S60 is an amazingly safe car, so it’s pretty wild to see the Model 3 perform so much better in a side impact test. After all, Tesla isn’t exactly the world’s largest auto manufacturer. And, I have to hand it to Volvo, it has remained quite classy and has yet to fire back. Then again, you can’t really argue with results either. What would be nice, however, is to see Tesla team up with Volvo and other manufacturers to help improve the safety of all cars, on a global scale – now that would be something.

PostHeaderIcon Tesla Model 3

Say what you will about Tesla – the company’s ambition is undeniable. Founded in 2003, the California-based electric carmaker set out with the goal of overturning the auto industry status quo and hastening “the world’s transition to sustainable energy.” To that end, Tesla’s latest play (and arguably its more important) is called the Model 3. Framed as a more affordable alternative to the highly successful Model S full-size sedan and Model X SUV, there’s no shortage of excitement behind the more compact 3, and now, after countless rumors and practically unending speculation, the veil has been lifted. Following a massive live streaming event celebrating the handover of the first Model 3’s off the production line, it was revealed that buyers get two trim levels to pick from, with as much as 310 miles per charge and a 0-to-60 mph time of 5.1 seconds for the range-topper.

But, as you might expect, there’s a whole lotta footnotes that go along with the above-mentioned specs. For starters, actually getting a Model 3 into your driveway is no simple endeavor. Following a brief pre-production reveal in April of 2016, an estimated 400,000 people plunked down $1,000 for a pre-order, and that means if you don’t have a spot in line, it’s gonna be a while. Then there’s the list of ultra-pricey extras that add significant weight to the bottom line. Simply put, the question remains – does the Model 3 live up to the hype? Read on to find out.

Updated 08/23/2017: We added a series of new images taken during the 2017 Monterey Car Week.

Continue reading to learn more about the Tesla Model 3.

PostHeaderIcon 2018 Tesla Model 3 – Details and Specs

tesla model3 specs

So finally after months of anticipation Elon Musk gave the world a detailed tour of his brand-new, affordable (sort of) electric sedan, the 2018 Tesla Model 3. Starting at around $35,000, the Model 3 is considerably cheaper than the Model S, but it’s also that much less desirable. 

I mean, even a Prius looks more exciting next to the Tesla Model 3, and don’t even get us started on the interior, which consists of five seats, a large wheel, and a massive screen. We’re bored just looking at it. But hey, that’s a small price to pay to get more people into electric cars, reduce the use fossil fuel, and lower the carbon output that’s, allegedly, ruining the planet. This is where the Model 3 starts to make sense.

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In terms of driving and dynamics and all that stuff Tesla Model 3 is a class act. Depending on the battery pack you go for you get 210 to 330 miles of range on a single charge, and a 0-60 mph acceleration time of 5.1 or 5.6 seconds, all of which is great. As for the equipment and features, the standard 35 grand car is a bit spartan, featuring only a 15? touchscreen with onboard maps & navigation, Wi-Fi and LTE internet connectivity, Keyless entry and remote climate control with app, Voice activated control, 60/40 split folding rear seats, Dual zone climate control system, FM/Internet streaming radio, Textile seating and Center console with open storage and two USB ports.

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Premium features such as Premium heated seating and cabin materials throughout, including open pore wood décor and two rear USBs,12-way, power adjustable front seats, steering column and side mirrors, with custom driver profiles, Premium audio system with more power, tweeters, surround speakers and subwoofer, Tinted glass roof with ultraviolet and infrared protection, Auto dimming, power folding, heated side mirrors, LED fog lamps, and Center console with covered storage and docking for two smartphones are available at extra cost.

The post 2018 Tesla Model 3 – Details and Specs appeared first on Motorward.

PostHeaderIcon First Tesla Model 3’s Handed Over In Live Streaming Party

We’ve been waiting and waiting for Tesla to finally begin deliveries of the new Model 3, and now, the wait is over. The first 30 Model 3’s destined for private owners just got handed over to their beaming owners in a live stream broadcast on Tesla’s website. Attending the event were swarms of the automaker’s designers and engineers, with quick back and forth tosses that provided a look inside the Tesla assembly line in Fremont, CA, as well as the newly erected “Gigafactory” in Nevada. The event also provided some hard specs on the new 3, plus a look at the final exterior design and the interior.

The Model 3 is a hugely important vehicle, both for Tesla and EV fans in general. Framed as the California-based automaker’s first entry-level, mass-market, affordable vehicle, the 3 promises sexy styling, long range, peppy performance, and zero local emissions, all for around $35,000 before incentives. We’ve got the lowdown on everything that was revealed during the stream, plus lots of new pics to sort through, so read on.

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PostHeaderIcon Tesla Model 3 Handover Party Kicks Off at 8:45 PM PST Tonight!

The Tesla Model 3 is hands-down the most anticipated model of the year, promising to bring an affordable EV to the masses. It’s been a long time coming, but today is the day that the handover party kicks off and Tesla will hand over the keys to the first 30 models to roll off of the line. It’s obviously a very small first step, considering the hundreds of thousands of reservations, but it’s only a matter of time before Tesla really ramps up production. The party kicks off at 8:45 PM PST tonight and will be live streamed right on Tesla’s homepage.

The Model 3, which will finally be completely revealed later tonight, is basically a smaller, more basic version of the Model S, and has a set starting price of $35,000. As far as the exterior goes, it’s rather bland, just like the interior which is about as spartan as they come. It will be void of an instrument cluster, speedometer, or a conventional dashboard. Initial customers of the new baby EV will also be limited as far as options go, with the only choices to make being exterior color and wheel choice. As far as tonight’s event goes, there’s no word as to who the first 30 customers are, but we know the first model is going Elon Musk himself, as Tesla board member Ira Ehrenpreis gifted his place in the queue to the big guy. As far as the other 29 models, they will go to Tesla employees or current owners of other Tesla EVs. We’ll be sure to embed the live steam to this video as soon as we have it, but until then, keep reading to learn a little more about the Model 3.

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