Despite the absence of a mule, prototype or anything that would resemble reality, Tesla’s Model 3 — or III, however you spell it — will make its debut at the Geneva auto show next year, AutoExpress is reporting.
The BMW 3 Series fighter would be the third model from Tesla, and perhaps the first built in a European factory. Representatives from Tesla said they would consider building the Model 3 on the European continent once the automaker started mass producing its three models.
Tesla is yet again updating its Model S range with interesting options on each end of the price scale before the release of the Tesla Model X.
Elon Musk, in a blog post yesterday, announced a new single-motor version of the base model Model S 70 priced at $70,000 — or $52,500 after maximum incentives available in certain states — which is $5,000 less than the all-wheel drive Model S with the same 70 kWh battery pack.
On the other end of the spectrum is a $13,000 (!!!) upgrade to the P85D, pushing Tesla Motors’ top performer to a 0-60 mph time of 2.8 seconds.
We have opined in these pages before about how for every Tesla sold in America, there are two or three glowing stories written about the electric automaker. There are days when over 50 percent of the pieces on auto industry news feeds are about Tesla, which is not bad for a company capturing 0.1 percent of the U.S. automobile market. Tesla Motors CEO Elon Musk is truly a marketing and public relations genius.
Given that, it is fascinating when a negative story surfaces about Tesla’s way of doing business and the slobbering media is strangely silent. (Read More…)
All power is not created equal.
That’s one of many takeaways from a comprehensive study by the National Bureau of Economic Research, one of the nation’s prominent think tanks.
The paper focused on the relative impact of green-energy cars, concluding that an electric car in New Jersey doesn’t have the same environmental impact as an electric car in California.
The initial reaction has been largely surface-deep: electric cars on the East Coast and in the South are powered by “dirty energy” and aren’t as clean as their gas-powered counterparts. That much is a quasi-fair assessment — the source for the electric cars’ power should be considered when it comes to ultimately determining their environmental impacts.
The study, however, is a larger look at the federal subsidies offered on electric cars.
Wealthy Russians are clamoring for Teslas that aren’t even available in their country, Bloomberg News is reporting.
Buyers are paying up to double for the electric vehicles, the story reports, which include freight and import fees of more than $60,000 for the cars.
“It doesn’t pollute nature and it’s super cheap and easy to use,” Herman Gref told Bloomberg News in an e-mail.
Super cheap is relative term — even in Russian we hope.
The National Automobile Dealers Association new electric vehicle retention list released last week has a tasty little tidbit in its roundup of value retention rates.
Tesla’s Model S, which topped the 3-year value retention rate list for EVs in the new list, also sported a better value rate for most cars on a similar list released last year for all segments, including mid-size luxury cars. That includes BMW.
But the news may not be all good, all the time.
The Tesla Model 3 duo will seem like vaporware for a while longer, as full production of the low-cost EVs won’t start until 2018.
Tesla dropped a bombshell at a conference in Washington Monday, when Chief Technical Officer J.B. Straubel said the Model 3 would be two separate models.
Nissan is looking to take on Tesla et al in the stationary energy storage game with their own battery solution. However, unlike the Silicon Valley based electric car manufacturer and ZEV credit printing press, the Japanese automaker is looking to take a much greener approach.
Instead of building fresh batteries for commercial stationary applications, Nissan will instead reuse lithium-ion batteries from the LEAF with partner Green Charge Networks.
Forging a different path than rival Tesla, General Motors will announce its entry into the stationary energy storage market next Tuesday.