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Looking at the Top 3 Features of the Tesla Cybertruck

After much hype, the Tesla Cybertruck was finally unveiled at the SpaceX headquarters in Hawthorne, California. The electric pickup truck was truly futuristic-looking, but many also found its design to be ludicrous. The debut was marred by a gaffe but Tesla already received 150,000 orders for it

Exterior

tesla cybertruck (4)

The Cybertruck takes inspiration from the iconic vehicles seen in Blade Runner and Back to the Future. The panels of the auto appear to be the structural part of the EV already, which makes it a true unibody.

Tesla CEO Elon Musk boasted that the Cybertruck is dent-proof and scratch-resistant. He claimed that the body of the pickup uses the same materials found on the SpaceX Starship prototype, which can withstand even 9mm handgun rounds.

Franz von Holzhausen, the chief designer of the vehicle, went on to hit the side of the auto with a sledgehammer two times to demonstrate its durability, and it didn’t even leave a depression. However, when he went on to throw a metal ball at the supposedly unbreakable driver’s side window, the glass broke.

Musk tried to make up for it by asking von Holzhausen to repeat the test at the rear door window, but it yielded the same disappointing result. The Tesla boss tried to save face by saying that at least the ball didn’t go through.

Musk later uploaded a tweet showing the same metal ball throwing feat before the live event wherein the glass of the Cybertruck didn’t even crack. Despite the incident, he remains optimistic and he promised that they will fix the issue.

Interior

tesla cybertruck (30)

Going inside the electric pickup reveals a very minimalistic and clean interior. A 17-inch touchscreen display governs the infotainment system of the auto. The EV is planned to feature a full self-driving feature as well.

Meanwhile, the architecture of the Cybertruck translates to more space within it for the driver and passengers. It has a five-seating capacity that can fit five adults comfortably.

Power

tesla cybertruck (29)

The base model of the Cybertruck that starts at $39,900 is equipped with a single-motor rear-wheel-drive system. It allows the EV to accelerate from 0-60 mph in just 6.5 seconds. There’s a much-pricier trim of the auto with a three-motor setup that should cost at least $69,900. Although no official estimates are available for the flagship model, it is expected to offer a hypercar-level of output.

The Cybertruck has a 14,000 lb tow rating and its maker claims that its fully-charged battery can reach over 500 miles.

Production of Tesla Model Y To Start In 2020

Now that Elon Musk has approved the production of a prototype of the Tesla Model Y, we can, therefore, proceed to expect the mass production to begin sometime in 2020. There’s no word on an official date for the debut but if Musk’s tweets are any indication, it looks like we’re going to see the prototype by the middle of next year.

During Tesla’s third-quarter earnings calls earlier this week, the CEO let out that he approved Model Y’s prototype to enter production but that does not mean that volume production will begin by late 2019, which he previously hinted would be the timeline. On May 24, this year, in a series of tweets, Musk said that Tesla could unveil Model Y “from late this year to mid next year, so March 15 is about right.”

Model Y’s production has been delayed because Tesla apparently was not starting new vehicle production to first achieve GAAP profitability. During the earnings call, the electronic vehicle company announced that it achieved a $312-million profit during the third quarter of 2018.

When it comes to other projects, Musk focused on the significant progress the company made on the Semi and the next-generation Roadster. He then talked about Tesla’s upcoming pickup truck, which he believed is going to be “some next level stuff.”

It is not yet clear where Tesla plans to build the Model Y, though it is very possible that it can share the assembly line with the Model 3 in the automaker’s Fremont factory. Both cars will share the same platform. However, since the Fremont facility is nearing its capacity of 7,000 vehicles per week, it is very possible that Model Y’s production could move someplace else, possibly even China, where Tesla has a new Gigafactory in eastern Shanghai province. The facility will be built on a 534-square-mile land and it will cost around $2 billion.

 

Tesla Increases Price of Mid-Range Model 3 By $1,000

tesla model 3

Tesla increased the price of its recently announced mid-range Model 3 by $1,000, bringing the new total to $47,200 from $46,200. This is not a major price hike, but it’s unusual to increase the price of a car only a few days after it goes on sale.

The long-range dual-motor Model 3 will still start at $54,200, including destination fee while the mid-range rear-drive Model 3 will sell for the new price tag of $47,200. If you visit Tesla’s online configurator, the price change is live there.

It was just last week that Tesla announced the sale of the mid-range Model 3 in a bid to make the electric vehicle accessible to more drivers. It did not specify a reason for the price increase, though.

The mid-range Model 3 has an estimated range of 260 miles and can run from 0 to 60 mph in just 5.6 seconds, or so at least it claims.

This model should not be confused with the long-rumored base Model 3 that will be priced at $35,000. Tesla boss Elon Musk said on Thursday that the automaker still can’t deliver its promise of a $35,000 Tesla. While that is still their goal, Musk said there is still a lot of work that needs to be done in order to produce a $35,000 base Model 3 that will have a “positive gross margin.”

During the conference call for Tesla’s third quarter financial results, in which the company posted positive sales margin, Musk said that the base model might arrive in six months. Or at least, that’s the timeline the Tesla CEO has given us for now. Previously, Tesla said that the base version of the Model 3 will be available as soon as four months but it looks like the plan will be delayed once more.

The company will also have to completely redesign a battery pack for the $35,000 Model 3 instead of repurposing a bigger battery like what they did for the mid-range model.

 

Full Self-Driving Option Removed From Tesla’s Configurator

tesla

Prior to October 19, Tesla still had an item listed as “Full Self-Driving Capability” on its online configurator. It was offered as an option for its buyers. However, after that date, the feature was no longer among the choices.

According to reports, the Full Self-Driving option has been removed from the electric vehicle maker’s configurator indefinitely. The feature added $3,000 to $5,000 to the cars it was fitted on.

What was unusual about the option though was that Tesla didn’t have the technology yet. The company only promised that the feature will only be activated once the system was ready. For short, it was a pre-order scheme ensuring those who purchased the add-on that they will be the first to get it when it rolled out.

Tesla CEO Elon Musk addressed the issue in one of his Tweets saying, “Also available off menu for a week. Was causing too much confusion.”

We’re wondering why it took Tesla so long to realize that selling the Full Self-Driving feature before they even had the technology would be confusing for customers. The option has been in their configurator since 2016. Therefore, many people have already been baited into buying the non-existent item.

In fact, some buyers who paid for the feature were livid. A number of them even sued the company. They alleged that they were deceived into purchasing a feature that didn’t exist.

Despite that, Tesla continues to assure their buyers that they are still developing the Full Self-Driving system. But the company failed to give a timeframe for its release.

So far, there are no talks about a possible refund for the complaining customers. And, for sure, the removal of the feature in the configurator just added to the worries of the people who already paid for it.

Entry-Level Tesla Model 3 Gets a Cheaper Version

tesla model 3

The Tesla Model 3 electric vehicle is now being offered at a lower price, thanks to the introduction of a new cheaper variant.

According to CNN, Tesla CEO Elon Musk made the announcement last week. The controversial boss of the American car brand said that the Model 3 will now start at $45,000. The cost is $4,000 below the prior introductory price of the auto.

The report noted that the electric range of the model is one of the determining factors of Tesla’s pricing. With that, the upcoming cheapest Model 3 will be offered with a 260-mile electric range on a fully-charged battery.

The long-range battery with 310 miles will be reserved for the more expensive trim of the EV priced at $54,000. The $49,000-worth version of the vehicle has the long-range battery with a rear-wheel-drive system but it is no longer available.

The automaker also revealed that there will be another Model 3 trim with a standard battery pack good for 200 miles. The car will be sold for $35,000 but it won’t be available in the market four to six months from now.

Those who will buy a Tesla vehicle before December 31 comes will get to enjoy a $7,500 tax credit. However, the deliveries of the new version of the Model 3 will only begin in six to ten weeks. Customers will still be eligible for a $3,750 credit though when they make their purchases from January 1, 2019, to June 30, 2019.

Despite the delayed rollout of the Model 3, Tesla assured their investors that they will realize their profits by the third and fourth quarters of this year.

James Murdoch In Line To Replace Elon Musk As Tesla Chairman

elon musk and james murdoch

Outgoing Twenty-First Century Fox Chief James Murdoch is the leading contender to replace Elon Musk as Tesla chairman. The leading electric car manufacturing company was given until November 15 by the Securities and Exchange Commission (SEC) to replace Musk as chair.

This came after a settlement between Musk and SEC following the Tesla’s CEO’s tweet last August that he had secured funding to take the company private. The SEC said the statement was fraudulent but together with Tesla and Musk, the parties agreed to allow the billionaire to continue in his capacity as Tesla CEO but not as chairman of the board. The SEC also imposed a $20-million penalty fee on each party.

According to a report on the Financial Times, two people briefed on the internal discussion in Tesla said Murdoch, the son of controversial media mogul Rupert Murdoch, was the lead candidate for the role. As a non-executive director at Tesla, Murdoch fits the bill that SEC requires—an independent chairman. The report from the Financial Times, however, said external options are still being considered because there were some disagreements among the board members.

Musk initially did not comment on the issue about Murdoch’s takeover but he replied with a terse tweet to an FT post on Twitter. “This is incorrect,” he said of the post about Murdoch’s candidacy. Asked further for comment, Musk did not respond.

Musk is known to favor Antonio Gracias, another independent director, but he has been advised that Gracias may not exactly be independent because of his investments in Musk’s other companies, more specifically the Space X, a rocket business.

Earlier this year, leading US proxy advisers Glass Lewis & Co and Institutional Shareholder Services, and union-affiliated investment adviser CtW Investment Group, recommended that investors cast votes “against” Murdoch during Tesla’s annual meeting on June 5.

Both proxy firms are worried that Murdoch is serving on too many boards and that he lacks experience in the car manufacturing industry.

Murdoch, who signaled he wants the job, will soon step down as chief executive of the 21st Century Fox and News Corp after it completes the sale of its entertainment assets to Walt Disney. Reports said he is considering setting up a technology investment firm, making the job at Tesla incredibly alluring.

 

Tesla Reveals Model 3 Performance Prices, Specs

tesla model 3

Tesla just unveiled new details about the performance variant of the Tesla Model 3. Tweets from both Tesla CEO Elon Musk and the company itself claimed that the fastest version of the compact sedan will offer BMW M3-beating speed and handling.

According to Musk, the Model 3 Performance will be “15% quicker & with better handling” than BMW’s M3. It boasts that it can go from 0 to 60 mph in just 3.5 seconds and it has a top speed of 155 mph. The boldest claim from Tesla? The new Model 3 Performance will “beat anything in its class on the track.”

The company has not released the official power output for the car yet, but the Model 3 will use a dual motor setup—one powering each axle and running individually from the other. This means that if the other motor breaks, the car would still be drivable, thanks to the other motor.

The claimed range is 310 miles, but it will be possible to have 170 miles more in 30 minutes, thanks to Tesla’s Superchargers. Model S owners will get that for free, but Model 3 drivers would have to pay for that service.

On the outside, the Model 3 Performance will get the larger set of 20-inch wheels and they will house upgraded brakes. There’s also a carbon fiber lip spoiler that will improve the car’s rear downforce, but no official figures have been released yet.

Inside, the Model 3 Performance has a single 15-inch touchscreen that features live traffic updates and over-the-air updates. The seats are heated and they are trimmed in black and white leather. A panoramic glass roof will also come as standard.

The Model 3 Performance will have a starting price of $78,000, excluding the Autopilot system. production of the Model 3s will begin in 2019.

Tesla Teases Details About The Model Y Crossover

model y (1)

There are two major takeaways during the annual Tesla shareholder meeting: one, more tidbits about the Model Y crossover that’s to come in 2019; and two, there’s a compact hatchback in the coming future.

Tesla CEO Elon Musk said that the Model Y, even amid production problems with the Model X, will be revealed sometime in March 2019 and it would have “something super special” once it arrives in dealerships in 2020. He also said jokingly that the crossover would be free entirely from leather, “even in the steering wheel… if it does have a steering wheel.” Yes, just imagine that. A revolutionary crossover that runs on batteries and has no steering wheel (possibly meaning autonomous driving).

model y (2)

The Model Y is the newest plan in Tesla’s lineup of vehicles. It will complement the Model X and it is expected to compete against the likes of BMW iX3 and other electric vehicles that will be present in the market by that time.

The plan is for the Model Y to become more important and sellable than the Model 3, seeing as crossovers and SUVs are the most popular vehicles in the market today. The Model 3, if you can remember, received 450,000 reservations and if Tesla would soon solve the production problem, the Model Y could see this number rise. In short, the Model Y is poised to become the company’s best-selling model.

Based on the information we now have, the Model Y will have a smaller battery pack than the Model X, which will make it infinitely lighter. The base unit could be packing a 60 kWh battery and the top-of-the-line unit could have a 90 kWh battery. These options would give buyers plenty of choices without necessarily overlapping with the features of the Model X.

The base model could go as high as $45,000, but that could still change depending on how other electric crossovers price their models.

On the other hand, Mr. Musk also got people talking about his tiny revelation that there could be a compact car in Tesla’s future. It would be launched a little further down the road, possible in 2023. Of course, it makes sense for Tesla to target another popular segment in the auto industry—the compact hatchback.

 

Tesla Model Y To Be Revealed On March 15

tesla model y

There are some pretty outrageous things that have been said on Elon Musk’s Twitter account, and another crazy claim from the Tesla CEO is that the Model Y will be revealed on March 15. Yes, as in 10 months from this date.

When Musk said that the reveal date is on March 15, Twitter handle @DMC_Ryan remarked that the date was “oddly specific” and that he cannot tell if the Tesla CEO is serious or not. Musk answered, “I just made that up, because the Ides of March sounded good” but followed it up with “But consider it real.” He added that Tesla could unveil the Model Y anytime from late 2018 to middle of next year, so March 15 sounds about right.

That’s a pretty big window for a schedule, considering that there is still a lot of drama surrounding the Model 3’s production. Tesla can’t even settle the production issues of the Model 3 and then, there’s the Tesla Semi. Throwing in the Model Y into the fray is a bit crazy, but nothing is crazier than Tesla, Musk, and their production and delivery dates all thrown together.

If the Model Y will debut on March 15, it will begin its production by mid-2020, barring other issues. Of course, we’re all assuming that the Model Y’s production will befall the same fates as the Model S, the Model X, and the Model 3, all of which suffered from delays in production and delivery.

There is no hate here. We’re just pointing out the obvious that Tesla has made some erroneous promises in the past and have not kept them. With Tesla’s past representative of what could happen, it certainly means we will encounter some trouble along the way. But since we’re pretty excited about this small electric SUV, we’re hoping Musk will finally make true his overzealous timeframe.

 

 

 

Production of Tesla Model Y SUV Moves To 2020

Photo Source: Avarvarii via AutoExpress

Photo Source: Avarvarii via AutoExpress

Amid growing concerns that Tesla is taking in more than it is capable of, its CEO, Elon Musk, revealed that the production for the Tesla Model Y SUV will officially be moved to 2020. Initially, the plan is for the Model Y SUV to join Tesla’s lineup sometime in 2019.

This information was revealed during a heated investors’ meeting wherein Musk revealed the $710-million net loss because of struggles to produce the Tesla Model 3, which future owners have paid reservations for almost two years ago.

The Model Y will be a new crossover from the Californian EV company. This is a “crucial step” to the second stage of Tesla’s “Master Plan,” which aims to move the firm and expand its current lineup with a second-generation Roadster and commercial vehicle entries, including an all-electric pick-up and a full-sized Tesla Semi truck.

Through its plans of producing smaller SUVs aka crossovers, Tesla is gearing up itself to enter a blooming auto market. The cheaper and smaller offering will allow Tesla to truly enter the true volume vehicle manufacturer’s market.

Musk has been vocal about his excitement for the Tesla Model Y SUV, and has even released an official teaser image of the Model Y’s design last year. It might be similar to the Model X SUV’s form and function, though the Model Y will be smaller. It might even have that Falcon-wing-style doors that Musk initially promised. Other design cues from the Model 3 could be carried over such as the flat, grille-free front end.

Officially, the Model Y will sit under the Model X in Tesla’s range as the second and smallest SUV, but it would also make sense for Tesla to market the Model Y as a Model 3 crossover rather than a smaller Model X. The upcoming Model Y will use the same platform as the Model 3, meaning it might also have the same drivetrains— 220-mile Standard and 310-mile Long Range launch editions.

 

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