Tesla is in the game to make money with its $35,000 Model 3, due out in late 2017, but that claim was recently disputed by an industry insider.
Jon Bereisa, an electric vehicle engineering consultant (and former General Motors systems architect responsible for the Chevrolet Volt), said recently that the Model 3 needs to be much more expensive for Tesla to break even, according to StreetInsider (via Electrek). (Read More…)
Not everyone can afford a Tesla, even the lower cost Model 3, so what is Elon Musk going to do for the public transit set?
Something, apparently. The Tesla founder coyly hinted at a next big thing during a talk in Norway, according to Bloomberg, leaving many wondering whether he had a plan to do away with buses. (Read More…)
Nissan is trying to play Tesla’s lengthy Model 3 waiting list to its advantage.
A print ad that landed in the country’s most-read newspapers this morning is playing up the Model 3’s wait times, according to Automotive News, and encouraging EV buyers to go the faster route by buying a Leaf.
There’s nothing subtle about the ad, which would have been green-lit by Nissan’s intimidating sales and marketing head Christian Meunier. Since taking on the role in January, Meunier has laid out an aggressive marketing strategy, meaning the Leaf spot could be the first of many cheeky ads. (Read More…)
When you’re in conversation with a self-described urbanist, it’s usually impossible to avoid numerous references to Amsterdam, that progressive utopia of bikes, tulips, marijuana-smoking tourists, and more bikes.
Well, expect to hear about it even more, now that Dutch parliament has passed a Dutch Labor Party motion to ban the sale of internal combustion vehicles in that country after 2025, according to Auto Express. The bill, which requires senate approval to become the law of the land, would see existing gas and diesel vehicles grandfathered, and the sale of new ones banned. (Read More…)
Orders of the life changing, marriage-saving Tesla Model 3 are poised to hit 400,000, but Fiat Chrysler Automobiles CEO Sergio Marchionne doesn’t think they’ve got the right stuff.
Diarmuid O’Connell, Tesla’s vice-president of business development, confirmed the number of orders at an electric vehicle conference in Amsterdam yesterday, two weeks after the low-priced model’s glitzy unveiling, Electrek has reported. (Read More…)
In social situations, general convention holds that, unless you want to incite a riot, certain topics remain off-limits: politics, religion, and — increasingly — one’s choice of technology. Vocal cords have been inflamed and dinners have been ripped asunder with invectives hurled at Android or epithets tossed towards Apple.
Bob Lutz is on record opining that Apple’s efforts in developing a car are “going to be a gigantic money pit” — and he’s probably right.
Here’s the thing though: Apple has a history of figuring out how to make big profits with products traditionally considered to be low margin. Add this to the fact that Apple is rich enough to spend huge bucks on developing a car, only to drop it all and walk away if they’re unhappy with the project.
Think they won’t?
Changes to the Tesla lineup have never come at a more rapid pace.
After revealing the new face of the Model S yesterday, and two weeks after unveiling the Model 3, Tesla has kept the news flowing by ditching the 70 kilowatt-hour battery in the base Model X for a 75 kWh juice pack — and bumping up the price to match.
The all-wheel-drive SUV doesn’t get any faster with the upgrade — the 0-60 mph time is still six seconds — but the 75D can now travel 17 miles further on a charge, going from a 220-mile range to 237 miles.
Grilles are so 20th century.
As we speculated last week, Tesla has put a new face on its Model S, doing away with the faux grille designed to trick people into thinking there was something combusting under the hood.
The new front end is a corporate amalgam of the both the recently unveiled Model 3 sedan and Model X SUV. Tesla apparently thinks that society has progressed enough to accept the disappearance of an air-sucking mouth at the front of a car.
Like an actor who just can’t cut it, the third-row seats in Tesla’s Model X could fold under pressure, meaning the automaker now has to recall all of the SUVs it has delivered to date.
About 2,700 Model X vehicles sold in the U.S. will be heading back to Tesla for a fix after internal strength tests revealed that a rear seatback could slip. As a result, the company is cautioning owners not to seat anyone in the third row until repairs have been made.
The tests were being conducted prior to the model going on sale in Europe.
Much to the delight of EV fanatics and sandal enthusiasts around the world, Tesla reported last week that 325,000 people had placed refundable $1,000 deposits on its Model 3 sedan. Even pessimistically projecting a defection rate of 25 percent, that’s still nearly a quarter of a million cars which need to be built and delivered starting late next year.
Industry analysts have nattered at length about the logistics of the mass order and Tesla’s ability to pull it off. However, there is a new obstacle on the horizon, this time involving the core reason many have given for reserving a Model 3: tax credits.