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Tesla Unveils New “Model 3” With ‘mid-range’ Battery Pack

Tesla is also now making the white interior available with all configurations and it is changing the name to "black and white interior"

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Tesla acquires trucking firms to deliver Model 3 on time: Musk. Pixabay
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Electric car maker Tesla has announced a version of “Model 3” with a new ‘mid-range’ battery pack for $45,000 before incentives.

The new version, which was never announced, is coming as a surprise and it changes the whole pricing structure of “Model 3”, Electrek reported on Thursday.

“Costs $35k after federal and state tax rebates in California, but true cost of ownership is closer to $31k after gas savings,” Tesla CEO Elon Musk wrote on Twitter.

While many reservation holders are waiting for the base version of the “Model 3” with a standard battery starting at $35,000, Tesla is coming out of nowhere with this unannounced new option.

“Model 3” has been available for over a year now with the ‘Long-Range’ battery pack version for 310 miles of range.

Without any option, the vehicle started at $49,000 — significantly more than the $35,000 base price promised by Tesla, but the company always promised that a base version was coming soon.

Elon Musk, tesla
Tesla CEO, Elon Musk. (Wikimedia Commons)

Instead of that version, Tesla is now launching a ‘mid-range’ battery with 260 miles of range for $45,000, according to an update to the Model 3’s online design studio.

With the launch of the new battery pack option, Tesla is making several changes to the Model 3’s price and option structure.

The main change is that the rear-wheel-drive option is now only available with the new mid-range pack and now the Long-Range pack only comes with a dual motor all-wheel-drive powertrain.

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“Tesla rear wheel drive cars do actually work well on snow & ice. We did our traction testing on an ice lake! Dual motor AWD is great, but not required for cold weather. Just don’t use sport/summer tires,” Musk wrote in an another tweet.

The price of the dual motor all-wheel-drive powertrain has been changed again. It’s now back to $5,000 — resulting in a new base price for the Long Range “Model 3” of $54,000.

Tesla is also now making the white interior available with all configurations and it is changing the name to “black and white interior”. (IANS)

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Tesla Acquires Trucking Firms To Ensure Early Delivery of Model 3: Elon Musk

Musk, who was the Chairman of Tesla for three years, stepped down earlier in September

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Tesla acquires trucking firms to deliver Model 3 on time: Musk. Pixabay

Tesla has acquired trucking companies to ensure early delivery of Model 3 and help buyers get tax credits by the end of the year, the electric car company’s CEO Elon Musk said in a tweet on Friday.

Tesla had, originally, suggested that buyers who wanted to take advantage of the full $7,500 EV federal tax incentive would need to order their vehicles by October 15.

However, Tesla has reopened that window and extended it a fair bit.

“Tesla just acquired trucking capacity to ensure Model 3 can be delivered in US by December 31 if ordered by November 30,” Musk tweeted.

He explained that the automaker had “bought some trucking companies” and “secured contracts with major haulers” to avoid future logistical complications that have plagued Tesla as Model 3 deliveries rise dramatically.

That amounts to an extra six weeks of ordering time to take advantage of the $7,500 EV tax incentive before the phase-out begins for deliveries starting on January 1, CNET reported late on Thursday.

Buyers getting new Tesla delivery on or before December 31, will be eligible for the full $7,500 federal tax incentive.

Elon Musk, tesla
Tesla CEO, Elon Musk. (Wikimedia Commons)

For deliveries between January 1 and June 30, 2019, the incentive will be halved to $3,750, and it will further be halved for another six months before disappearing entirely.

Those waiting for the fabled $35,000 Model 3 will miss the full incentive, as the vehicle is on target for the first half of 2019, the report said.

While Tesla declined request for additional information, including the names of the acquired companies and those with which Tesla has secured contracts, Musk said that they are going to ship east with the trucks instead of trains, which is shortening the transit times by weeks.

“Skipping rail saves over a month for East Coast deliveries. All things considered, it’s better to use trucks. Single load or unload and direct to owner location,” Musk wrote.

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Musk, who was the Chairman of Tesla for three years, stepped down earlier in September.

He paid a $20 million fine in a deal with the stock market regulatory authority, Securities and Exchange Commission (SEC) to resolve securities fraud charges.

Robyn Denholm from Telstra has been appointed as the Chairwoman of the Tesla Board. Musk, however, remains as Tesla’s chief executive and the biggest investor. (IANS)