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Tesla CEO Elon Musk Makes Big Claims About Model 3 on Twitter

The long-range Model S is now priced $83,000 down from $96,000 before savings

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Elon Musk
Elon Musk, CEO of SpaceX and Tesla. Wikimedia Commons

The body and drive unit of Electric Vehicle (EV)-maker Tesla’s Model 3 Sedan can last upto 1 million miles while the battery can last up to 500,000 miles, said company Chief Executive Officer Elon Musk.

“Model 3 drive unit and body is designed like a commercial truck for a million mile life. Current battery modules should last 300k to 500k miles (1,500 cycles). Replacing modules (not pack) will only cost $5k to $7k,” Musk wrote on Twitter on Saturday.

The billionaire made this claim to his 25.7 million followers in context Model 3’s value being used in an autonomous ride-hailing fleet.

“What he meant is that the vehicles would become revenue-generating assets as they integrate this autonomous ride-hailing fleet, which has been dubbed the ‘Tesla Network’,” Electrek reported.

The value of the Model 3 on the Tesla Network would depend on how many miles it can put in it, which according to Musk is up to 1 million miles within two or three battery module replacements.

Even though Tesla would not replace a whole battery pack, the company is willing to offer battery module replacements for between $5,000 and $7,000.

Tesla CEO Elon musk, board
Tesla CEO Elon Musk. (VOA)

“Assuming that $5,000 to $7,000 for the battery modules means the cost for the Standard Range Plus and Long Range battery modules, it would mean a cost of roughly $100 per kWh at the battery module level, which makes sense,” the report added.

“At a value of $1 per mile, we are talking about a potential of at least $300,000 in revenue before having to possibly replace the battery modules.”

The EV-maker recently announced big price cuts for its high-end Model S after shifting to online-only sales.

Also Read- Airtel, FLO Launch Mobile App For Women’s Safety

The long-range Model S is now priced $83,000 down from $96,000 before savings.

The huge price cut by the EV maker comes less than two months after it decided to stop manufacturing Model S with a 75kWh battery pack, opting instead to only sell versions with a 100kWh pack. (IANS)

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Twitter Rolls Out Emoji Reactions For Direct Messages

The official @Twitter account teased the feature sharing the string of emoji that will be available once the feature is live

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Twitter
The latest feature includes seven new reactions and one can add an emoji reaction to any type of Direct Message be it text or media attachments. Pixabay

Micro blogging site Twitter on Thursday rolled out new emoji reactions for Direct Messages to all users on the web, iOS and Android.

It is similar to the functionality that Facebook added to Messenger back in 2017, which enables users to allocate an emoji response to each specific message.

The official @Twitter account teased the feature sharing the string of emoji that will be available once the feature is live.

To add an emoji reaction, hover over the message and click/tap on the heart button called a ‘reaction button’.

A user can also double-tap on the message and select an emoji reaction after the pop-up.

Twitter
Micro blogging site Twitter on Thursday rolled out new emoji reactions for Direct Messages to all users on the web, iOS and Android. Pixabay

“Say more with new emoji reactions for Direct Messages. To add a reaction, click the icon that appears when you hover over the message on web or double tap the message on mobile and select an emoji from the pop-up,” the company said in a tweet.

ALSO READ: Digital Payments Platform PhonePe Unveils “PhonePe ATM” Facility With Unique Feature

The latest feature includes seven new reactions and one can add an emoji reaction to any type of Direct Message be it text or media attachments. (IANS)