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Elon Musk To Push Through With Tesla Model Y

tesla model y

Elon Musk’s Tesla is making the ambitious plan to commence production of its Model Y in November 2019. Reports from Reuters said that Musk is accepting preliminary bids for supplier contracts of the Tesla Model Y, which will be a more affordable version of the Model X.

The Model Y was first teased at Tesla’s Annual Shareholder meeting in 2017. That time, Musk said that the Model Y will be built on an entirely new platform. But the Tesla CEO recently admitted that feat was ambitious and the Model Y will instead be using the same architecture as the Model 3, Tesla’s latest production car.

If the production of the Model Y will continue, that will be in November 2019 at the Fremont factory in California. Two years after, the production will move to China.

This may sound all too exciting, but remember that Tesla is under fire now for its issues with the production of Model 3. What’s up with that, anyway? The sedan had 500,000 initial orders in refundable deposits in July last year. The company, however, failed to deliver the cars on time. There was an initial promise for these to be ready by November 2017, but that did not come into fruition.

Earlier this month, Tesla tried to convince investors and the general public that the production was getting better, doubling during the first quarter of 2018 and increasing to 5000 units per week in the second quarter.

As for the Tesla Model Y, the “ultimatum” is November 2019, which means that the company might skip the pre-production phase at all. We’re hoping these reports are false because safety is very important in these electric vehicles. A Model X crashed because of the Autopilot feature’s failure, so it makes no sense for Tesla to escalate the production of the Model Y when there are still clear issues with its previous model.

2019 Jaguar I-Pace Giving Tesla A Run For Its Money

2019 jaguar i-pace (1)

Oh, there’s nothing much here except Jaguar revealed that its all-electric I-Pace is due to be released and distributed next year. That only means one thing: Tesla’s monopoly of the EV market is done and over. For years, whenever some rich dude wanted a cool, sexy, functional, and reliable electric vehicle, all he has to choose from are Tesla products. That’s about to change now.

If there’s anything we learned from Tesla regarding EVs it’s that an electric car must have a long driving range and the recharging of battery must be convenient. Now that luxury automakers like Jaguar dipped their well-engineered minds into the market, Tesla will have serious competitions in this market. The new 2019 Jaguar I-Pace is the first luxury EV to roll into distributorship.

Two e-Machines

According to reports, the I-Pace is going to be powered by two electric motors, or e-machines in Jaguar jargon. The first one is responsible for driving the front wheels and the second one will be driving the rear wheels through concentric drive transmissions. The I-Pace is a pure electric five-passenger luxury crossover SUV with a standard all-wheel drive.

Everything is developed in-house at Jaguar, including the permanent magnet motors, the battery concept and design, and the software that controls the powertrain and manages the battery. There’s no confirmation from the luxury automaker about the outputs for the I-Pace, but Patel confirmed that it will have an output of 400 horsepower and 516 pound-feet of torque. It will also have a range of 300 miles before a recharge is needed.

There are no details yet about the pricing, but Jaguar said that it will release the list on March 6, 2018, which isn’t really too far from where we are now. Once it goes on sale, the I-Pace will be offered in three trim levels: S, SE, and HSE. There’s, of course, a limited production First Edition version that will be priced higher than the actual production model.

Tesla Model S 75 Gets Axed

Tesla Model S

Since 2012, when it was first introduced, the Tesla Model S range has been subjected to a lot of changes. Aside from the mid-cycle update, the range also discontinued the smaller battery options and introduced the more powerful all-electric sedans.

The Model S 40, Model S 60, and Model S 70 have already been pulled out from the stocks. Now, it’s time for the Model S 75 to make its final bow, too. That means the base model of the Model S will come down to the 75D, which comes with a price tag of $89,300. That’s $5,000 more than the current $84,300 tag of the Model S 75.

Of course, this doesn’t mean you should shut out Tesla from your life. Though the vehicles usually come with hefty price tags, these did not account for the federal tax credit you can get, as well as the estimated gas savings over the next five years.

The Model S, aside from the 75 D, will have the 100-kWh model, as well as the top-ranging P100D version. The exit of the Model S 75 from the dealers’ showrooms also means that starting next week, all Model S sedans will have the all-wheel-drive system.

Why do you think Tesla is pulling the plug off its Model S 75? How streamlined can the Model S range get? The removal of the Model S 75 means that the Model 3 will remain to be the only choice you have if you want a single-motor Tesla. Elon Musk’s company’s move is reasonable enough if it really wants to separate the Model S range from the newly-minted Model 3.

Instead of offering the Model S 75 as the base model of a performance-oriented range of vehicles, Tesla decided it would be more practical for them to simply market the Model 3 as simpler and more affordable.

Tesla Model 3 Will Receive The Air Suspension System In 6 Months

tesla model 3 (3)

Ever since the release of the Tesla Model 3, everyone’s eyes turned to boy wonder Elon Musk, the chief architect of this range of electric cars. But those who want to get their hands on the Model 3 have to wait for a while to get the best of both worlds.

Right now, Tesla Model 3 only has a few options such as colors, wheels, and the choice between a short- and long-range variant. Such a short list for a very popular vehicle, right? If you want another color than black, you will have to shell out extra for that.

The Model 3 is now in production with at least 20,000 units to be made available each month. Musk said that while this is happening, the “Smart Air Suspension” is continually being tested and will be fitted in the affordable electric car.

On Twitter, he answered a question about the release of the Smart Air Suspension. He told Twitter user Ryan McCaffrey (@DMC_R) that the feature will be made available on the Model 3 “in about six months or so.” Musk revealed that it will also come with a dual motor configuration option.

The Tesla Model 3 configurator right now has the dual-motor, all-wheel drive variant scheduled to arrive in the spring of 2018. This works well with Musk’s six-month timetable. He added that Tesla fans can also expect a performance version of the Model 3 sometime in 2018.

The Smart Air Suspension can raise or lower the car after it is enabled to learn and adapt to roadways. With the help of the onboard GPS, a road detail log is available. This allows the car to safely creep into unlevel driveways or places that require lower or higher ride heights.

The Smart Air Suspension option became so popular on the Model S and the Model X that it has become standard on later Tesla models. Before it became part of the package, you will have to shell out $3,000 for the option.

The options for the Model 3 won’t be available until a few more months. Other options will become active in about a year or so.

 

Tesla Model 3 Gets Funded For Production

tesla model 3

Were you a bit worried that the much-awaited Tesla Model 3 won’t see production because of funding? The car business is quite an expensive one, and the production of the Model 3 was almost halted because of it.

But it looks like Tesla CEO Elon Musk’s plan to boost production to 500,000 units by the end of 2018 is now possible, thanks largely to investors’ faith and trust in the young entrepreneur. Unlike many products and concepts that are still looking and begging for investors, Musk was the only face needed for these big businessmen to trip over themselves to raise money for the Tesla Model 3.

Musk was simply seeking $1.5 billion last week, and he managed to raise $600,000 of that four hours after his announcement. Now, we heard reports that he was able to sell a half-million worth of Junk bonds to investors, which totaled to $1.8 billion, surpassing the initial amount he was seeking.

The investment is in the form of “eight-year unsecured bonds at a rate of 5.30 percent.” The investment is not without its risk, of course. Such investment yields bigger profit in the long run, but it’s also possible to lose your money when the company you invested your money in made some bad decisions along the way. Hopefully, we won’t see Musk do that.

One of the biggest challenges that face the production of Tesla Model 3 is its dependency on Gigafactory to supply each and every battery—both the standard- and long-range model. Though there is no problem about bringing in profit from the manufacturing of the battery itself, even Musk admitted that he was worried about the lack of battery cells.

Only time will tell if there’s going to be a shortage of cells in the future. When that happens, Tesla might need to cut short its production of the long-range model of battery and stick with the standard-range model, which uses fewer cells.

3 Important Things To Learn About The 2018 Lucid Motors Air

lucid motors air (49)

The release of the Tesla Model S triggered companies to do research on what could possibly be the best and most affordable electric cars. And while most companies are intent on electrifying their lineup with mass-targeted EVs by 2020, specialty manufacturers like Lucid Motors Air is coming up with their own version of a funky electric sedan.

1. Exterior

Based on the photos of the car from a source, the two most noticeable things about the Lucid Air is the lack of radiator grille and the massive windshield. The engineers over there were pretty confident that the lack of the grille won’t hinder the airflow needed for the motor and batteries, and that’s largely thanks to the vents in the front hood. The massive windshield adds to the very modern styling.

2. Interior

The unique exterior would only need to be completed by the superior styling of the interior, too. The primary focus of anyone who would see the interior of the car is the floating dashboard with a huge display module at the front of the driver. This includes three different displays—one for navigation and driver information center, one for the instrument cluster, and one for the battery charge state, range, etc.

The front cabin might be nice, but the rear passenger seats are on another level. Angled like a bathtub, which means the seats are reclined, the rear cabin is unparalleled in comfort and luxury. There’s a long center console in the middle of the seats that also houses a small display to let passengers control various features.

3. Drivetrain

Lucid developed its battery for over a decade, allowing it to go 400 miles on a single charge on 1,000 horsepower of near-instance go juice. The engine itself is an electric motor and transmission that are probably better than what we now see in the market.

The base model of the Lucid Motors Air offers up to 240-mile range with 400 horsepower in a rear-wheel-drive configuration. It should be able to compete with the Model S, including a much cheaper price of $52,500.

Once it is launched, there will also be a Launch Edition that has 1,000 horsepower and 315 miles of range on a single charge.

Starting Price Of Tesla Model X Dropped

tesla model x 75d

The Tesla Model X 75D luxury electric sport-utility vehicle will now have a starting price of $79,500, which is $3,000 less than the original price. The move comes on the heels of the launch of the new Tesla Model 3, which will have a starting price of $35,000, the most affordable in Tesla’s lineup of electric vehicles.

Analysts predicted and even feared that the introduction of the Model 3 to the market will significantly affect the sales of Model X as customers will now want to settle for the cheaper sedan than the luxury SUV. But Tesla CEO Elon Musk was quick to shrug off the speculations. He said that the demand for Model X has not waned and that there is still very much a market for a $79,500 electric SUV.

Musk said that the Model X had a low gross margin when it was launched. However, as the company achieved fuel efficiencies, they decided to lower the price and pass that value to the customers.

The demand for Model X and the Model S has actually increased, the Tesla CEO added amid fears that the Model 3 will isolate the other vehicles in Tesla’s electronic range. The Model X’s most expensive variant, the P100D, costs $145,000. It has the fastest acceleration among Tesla’s models and also has a longer range.

The Model 3 is being marketed as an electronic car for the masses. With a starting price of $35,000, this is easily accessible for those who want to be environment conscious. However, there are still plans for a longer range model that will be priced at $44,000. This model will compete with luxury sedans such as Audi A4, BMW 3 Series, and the Mercedes C-Class.

Although Tesla is adamant that Model 3 did not affect the other vehicles in its lineup, overall gross margins excluding stock-based compensation and revenue from zero-emission vehicle credits decreased to 25 percent in the second quarter from 26.4 percent during the same period last year.

 

2017 Chevy Bolt Versus 2016 Tesla Model S 75D

1-pa270244-1 Tesla Model S

The 2017 Chevy Bolt just bested Tesla Model S 75D in its own game. While the Chevy Bolt only has an EPA-estimated range of 238 miles of driving on a single charge, the Tesla Model S 75D has a rate of 259 miles. The specifications would point to Tesla as the better between the two, but Consumer Reports made a head-to-head comparison that just put Tesla to shame.

According to the results of the study, the Bolt outperformed the Tesla by not only reaching its 238 range, but surpassing it by 12 miles to reach 250 miles. The 2016 Tesla Model S 75D, on the other hand, went 235 miles, a lot less than its 259-mile rating and even Bolt’s original range of 238 miles.

The 2016 Tesla Model X 90D, which has a rating of 257 miles, also died at just 230 miles, proving once and for all that you can never trust these electric cars on paper. Consumer Reports has yet to test the 100D variants of the Model S and the Model X, but there are high expectations for these variants. Experts, in fact, agree that the 100D variants would be better than the Chevy Bolt.

But the contention remains on the price. The 100D variants of the Model S and the Model X better give you a rating of more than 250 miles since the starting price is at $100,000 (before the federal tax credit) while the Bolt only has a selling tag of $37,495.

The testing confirmed that the Chevy Bolt should be ranked as the second best all-electric vehicle, next to the Tesla Model S. Aside from the range, the Bolt bested the Tesla Model S 75D in terms of agility and quietness too. It only fell on the categories of having a “squishy” brake, uncomfortable seats, bumpy ride, and the longer charging time. All these, of course, can easily be remedied, but the range remains to be the deal breaker.

 

Elon Musk Says Tesla Model 3 Performance Version Will Arrive Next Year

tesla model 3

Tesla finally handed over units of its Model 3 to those who had it reserved months ago. Although the production are only in small numbers, more are expected to come as the electric car manufacturer is ready to roll out performance versions of the Model 3 next year.

Tesla is gearing up to boost production of the Model 3 in the Long Range trim because a new version is expected to come out next year. The Model 3 has an estimated EPA of 310 miles range, which will probably increase significantly when the performance variant debuts next year.

Tesla CEO Elon Musk answered questions about the Tesla performance variant on Twitter. It can be recalled that Musk hinted last year that after the production of Model 3 went full swing, a performance version would be in the works.

He told Twitter user Ryan McCaffrey (@DMC_Ryan) that a performance variant will probably debut by the middle of next year. “Focus now is on getting out of Model 3 production hell. More version = deeper in hell,” Musk said.

The problem is that while Tesla is in the middle of producing the Model 3 according to the demands of the market, more pressure will be put on it once more variations of the car come out. For now, it’s the Long Range Model 3 that is available to the market. The base model of Tesla’s most affordable electric vehicle will be available this fall.

The base model is priced at an affordable tag of $35,000, and it has an EPA-estimated 220-mile range.

Tesla was the first company to prove to the auto industry that electric cars can be fun, too. Its Tesla Model S was the one who introduced dual-motor configuration, which led to the P100D. The performance variant of Model 3 will likely use a similar motor design, though it might not be as powerful as the P100D.

Tesla Ditches Model S 75 RWD

tesla model s 75

The introduction of the Tesla Model 3 means the American e-vehicle company is going to drop something off its lineup. Tesla has a history of reconfiguring the bottom end of its lineup whenever something is added on its top end. For the Model 3, the reconfiguration would hit the Model S 75 RWD.

Beginning this month, Tesla will deliver the first orders for Model 3, which means the discontinuation of the least expensive version of the Model S by the end of 2017. The Model S 75, which employs a rear-wheel-drive system, is currently being sold for $69,500.

Once Tesla pushes through with its plan to drop the Model S, the only remaining cheapest Model S would be the all-wheel-drive 75D, which is selling for $74,500. Generally, this move will increase the price gap between the Model 3, which starts at $35,000, and the Model S.

The S range would also turn into an AWD-only lineup with the Model 3 being the only Tesla available with a rear-wheel-drive system.

The gap further widens in terms of features, configurations, and even battery charging fees. Comparing the two vehicles, a Tesla document showed that the Model S has more than 1,500 configurations and several other premium features while the Model 3 has less than 100 possible configurations.

In addition, those who buy a Model S with a referral get free Supercharging for life while those who drive the Model 3 will have to pay every time they charge using Tesla’s network.

Of course, it sure do looks like the two sedans belong to different ends of the spectrum because of their completely different price range, features, and performance. The strategy of the company is glaring, though, for many: widen the gap and offer only the most efficient versions of the vehicles.

After all, it worked with Tesla in the past. Who would say it won’t work now?

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