caption Our Tesla Model 3 test car. source Hollis Johnson/Business Insider The Model 3 is Tesla’s first foray into the mass market. The Tesla Model 3 starts at $35,000. However, the smaller battery pack need for the base Model 3 won’t be in production until the end of the year. Currently, only the $44,000 longer range Model 3 is available. Our test car’s as-tested price is $57,500. The Model 3 is packed with really interesting features such as a minimalist interior, advanced infotainment, and Tesla Autopilot. There have been few cars more sought after in recent memory than the Tesla Model 3. It’s Tesla’s first foray into the mass market after dominating the luxury electric vehicle segment for much of the past decade. Recently, Business Insider had the chance to spend a few hours with a brand new Model 3 on the road in and around New York City. … [Read more...] about We drove a $58,000 Tesla Model 3 and were blown away by its minimalistic design and high-tech features. Here’s what else impressed us.
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source Porsche Porsche unveiled the new Mission e Cross Turismo at the 2018 Geneva Motor Show. The Cross Turismo is an all-electric crossover wagon designed to take on the Tesla Model X. The Porsche can to 60 mph in less than 3.5 seconds. The Cross Turismo’s battery pack hand be charged up with 249 miles of range in just 15 minutes. Porsche is set to do battle with Tesla for supremacy in the world of high-performance electric vehicles. The automotive wing of Elon Musk’s empire’s string of hits including the Model S luxury sedan, Model X crossover SUV, and the Model 3 mainstream sedan. On Tuesday, Porsche introduced Mission e Cross Turismo at the 2018 Geneva Motor Show. It is the latest model to enter the fray on behalf of the Stuttgart, Germany-based sports car and SUV specialists. According to Porsche, the Mission e Cross Turismo is a crossover wagon with extra ride height. And it’s aimed directly Tesla’s ground-breaking Model … [Read more...] about Porsche’s answer to the Tesla Model X is here
caption The Mission E will be Porsche’s first all-electric production car. source Porsche Porsche revealed new details about the Mission E, took shots at Tesla, and laid out plans for a super-charging network. Stefan Weckbach, the company’s head of battery electric vehicles, claimed the Mission E will perform better and more consistently than Tesla’s Model S and hinted at driver-assistance features. Klaus Zellmer, CEO of Porsche Cars North America, said the company will install fast-chargers at its 189 dealerships and work on a network of charging stations in cities and along highways. Porsche‘s first all-electric production car, the Mission E, is scheduled for release in 2019. The company revealed new details on the vehicle and its electric strategy in a recent statement. Stefan Weckbach, Porsche’s head of battery electric vehicles, said in the statement that the … [Read more...] about Porsche claims its stunning Tesla rival will perform better than the Model S — here’s what we know so far
Tesla is working through production bottlenecks for its Model 3. The problems are concentrated at its Nevada battery factory. The company’s goal is to automated assembly of this expensive component, to speed up production and reduce cost. When it comes to cars, most people don’t think about how much the individual parts add up to an overall price tag. That is, until something goes wrong. Tesla has been dealing with what it calls production bottlenecks at its massive battery factory, called the Gigafactory, in Nevada. The company went into some detail on the issues during its third-quarter earnings conference call with analysts, when CEO Elon Musk was actually at the Gigafactory near Reno trying to sort out the slowdown. Battery production for the mass-market Model 3 will be far more automated than it has been for Tesla’s previous vehicles, the Model S and Model X. Production, in general, will be more … [Read more...] about Tesla’s Model 3 problems reveal a hidden cost in electric cars
Tesla has no hope of hitting its goals for the Model 3 in 2018. There’s no shame in rightsizing the car business to avoid further delays and setbacks. CEO Elon Musk is going to have to make a brave call, and it could cost him a lot. “Production hell,” as Elon Musk calls it, has reached a new level of blazing discomfort at Tesla. Last week, the company reported that it had fallen well short of its delivery goals for the Model 3, the $35,000 car that’s supposed to transform Tesla from a niche player to the dominant force in the new age of electrified automobiles. Tesla also pushed back its production plans for the Model 3 by a full quarter – a 5,000-unit weekly run-rate now won’t arrive until the end of the second quarter of 2018. On the bright side, Tesla set a record for 2017 deliveries, selling over 100,000 vehicles for the first time in its 14-year history. And there is a splash of cool … [Read more...] about Elon Musk needs to make a bold call on Tesla’s Model 3 before it’s too late