Tesla Model 3 gets choice of 50kWh or 75kWh battery

Ivan Schwartz
August 13, 2017

Seeking Alpha calls this deal "singularly unique", in that few companies with the market capitalization of Tesla at $59 billion carry speculative grade debt ratings.

The carmaker's Model 3 sedan has racked up nearly 500,000 reservations.

Musk told analysts in May that the Model 3 will require just 5,000 feet of wiring. On the other hand, auto owners expecting shipment of their Model 3, S and X soon will already have the new supercomputing hardware suite and thus, no update will be required. The staggered launch will see the base Model 3 enter production this fall.

They used a longest-range Tesla Model S 100D and consumed as little energy as possible by using autopilot to maintain a constant speed, fitting low rolling-resistance tyres, turning off the airconditioning and trying not to use the brakes.

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Musk told analysts that the Model Y's production plan will be a step apart from what Tesla - or the rest of the industry - is now doing. Back during Q1 earnings call, Musk surprised everyone saying the new vehicle wouldn't be based on the Model 3 platform - and now we get back on track with the auto sharing the same architecture. There is hope though when, two months ago, an unofficial record was released. As a supercharger can fully charge an electric vehicle in 30 minutes as opposed to hours with a wall socket, the plan for more superchargers can be a big factor in convincing customers to buy EVs.

Details elsewhere are scant, but we understand the Model Y will ditch the complex and expensive "Falcon" doors fitted to the £80,000 Model X SUV and should be closer in price and size to the Model 3 saloon.

The Model 3 is the newest EV from Tesla and it is also the biggest volume electric auto around if you are to take in the 400,000 strong that has placed a pre-order on the vehicle. There are plans for an electric semi-trailer truck to be revealed later this year and an electric pickup truck by 2019.

In a statement to Electrek, a spokesperson of Tesla has confirmed that "The presence of HW 2.5 will play down the significance of the Full Self-Driving Capability system". Hell, it's going to start to become hard to make a cars for traditional competitors, like the BMW 3 Series or Mercedes-Benz C-Class, for many buyers.

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