Posts Tagged ‘tesla’

Tesla‘s 2 Year Lease Makes Model S Very Affordable

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Tesla’s goal is to bring EV technology to the mass population. They furthered this mission by introducing a new two year lease program for the Model S and the Model X which makes both vehicles more affordable to broaden their customer base.

With the new lease plan in place, buyers can have the Model S for as low as $593 a month, while the Model X will start at $730 a month. But the old saying “no good thing comes for free” is the case here. Buyers are restricted to the base Model S 60 or Model X 60D and they are required to pay a down payment of $6000, pay a $695 acquisition fee, and also put down one month’s lease payment up front. So even though the monthly payments is more affordable, buyers will have to fork out over $7000 right off the bat.

Once you own the car, you will be limited to only driving 10,000 miles per year. However, you can purchase extended mileage for the vehicle in options of 12,000- or 15,000-miles. If you want to take advantage of the deal, you have until September 12 to do so.


Tesla Reports Crash in China

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Tesla has reported that their autopilot has once again been involved in an accident. Autopilot has come under fire recently due to the recent fatal accident that happened while a driver was not paying attention while utilizing the feature. The company has come out to say that their technology is still in it’s early stages and is not perfect. The company has warnings in the vehicle alerting drivers to pay attention while using the function.

According to data pulled from the vehicle, Tesla has confirmed that the driver’s hands were not on the steering wheel at the time of the accident. The investigations states that the driver of the vehicle did not steer to avoid a parked car and subsequently hit the side of the parked vehicle. According to Tesla, drivers should always have their hands on the steering wheel so that they can take over at any time. The owner of the vehicle has responded saying that Tesla sold him the vehicle under the pretense that the car was fully functional under self driving mode.


Mercedes Concept to Compete Against Tesla

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Mercedes is planning an all new concept vehicle that will put it’s sights directly on the Tesla S. Competition for the Tesla is limited as not many automakers have ventured into the high end luxury EV space. Mercedes’ new concept is nearing it’s debut and it is rumored that the car will be similar size and stature to the Tesla as well as being an all wheel drive vehicle.

From a statement released by Jurgen Schenk, Mercedes-Benz E-Drive system integration director, “We will deliver something, which if you would scale it in the Mercedes rank of all the other vehicles, it will be in the top three for power. If you look into the first 100m it will be very, very fast.” He goes on to state that the new concept “could be dangerously fast, even the first version.”


Tesla Model S Price Slash

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Tesla’s Model S was never a cheap form of automobile to get into. The base start price of the Model S use to start at $76,500 largely because there weren’t that many options or choices to choose from. Now Tesla is putting a few range selections into the Model S lineup which will give the car a much better base starting price.

The lowered price point for the Model S is reflected in the options the vehicle will come with. Starting with the base which is the 60, the starting price will be $66,000. The 60 will use the 60kWh battery which was once available in the Tesla lineup but eventually phased out. Well, to keep demand up for the Model S, the 60 range is now back in play. The 60D will also be available which feature all wheel drive and will start at $71,500. The range topper is the 70D starting at $76,500.


Driver Blames Tesla Crash on the Car

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Tesla’s vehicle reliability is coming into question once again. This time an owner is claiming that an accident which involved the vehicle crashing into a building, was caused by the vehicle and not the fault of the owner. The issue began when Puzant Oznag, owner o the Model X, was pulling into a parking spot with his wife when suddenly he alleged that the Model X sped up unexpectedly, climbed over a planter, and hit the building directly in front.

Fortunately the vehicle went straight ahead into a solid wall as the vehicle could have very easily launched into a storefront and injured people. Unfortunately, Ozbag and his wife received minor burns caused by the deployment of the air bags during the collision. According to Ozbag, “The acceleration was uncontrollable, seemed maximum and the car only stopped because it hit the building and caused massive damage to the building.”

However, according to Tesla, they “analyzed the vehicle logs which confirm that this Model X was operating correctly under manual control and was never in Autopilot or cruise control at the time of the incident or in the minutes before. Data shows that the vehicle was traveling at 6 mph when the accelerator pedal was abruptly increased to 100%. Consistent with the driver’s actions, the vehicle applied torque and accelerated as instructed. Safety is the top priority at Tesla and we engineer and build our cars with this foremost in mind. We are pleased that the driver is ok and ask our customers to exercise safe behavior when using our vehicles.”


Tesla Model X Build Quality Continues to be Questioned

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The Model X seems to be getting a bad rep, and owners aren’t holding back when it comes to the complaint about its build quality. Most recently, a owner is suing Tesla Motors for their inability to fix his Model X and demanding he be returned the $161,970 spent on his Model X.

The owner, Barrett Lyon, is no stranger to the Tesla brand as he’s been a customer since the beginning. He currently has a Model S, a Roadster, and the lemon Model X in his stable of cars. The Model X seems to be leaving a really bad taste in his mouth as all the gremlins you can think of is happening to his car. Lyon states in his lawsuit that the doors slam shut and fling open randomly, once injuring his wife when the door closed on her. He also states that the autopilot is faulty and extremely dangerous in wet road conditions. Also, the autopark functionality of his Model X is not operating properly nine times out of ten.

The Tesla brand continues to forge forward with their innovative vehicles, but it will be critical for the brand to improve on their reliability if they want to keep customer loyalty.


Tesla Model 3 Orders Numbers Are Official

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The marketing behind Tesla’s highly anticipated Model 3 launch was borderline genius. Create hype and a sense of allure to draw in customers, then create the hook by making an instore site where customers had to line up and get their pre-orders in. The payoff was a staggering 400,000 preorders for the Tesla Model 3. Tesla revealed the official tally at 373,000 pre-orders with 8000 initial cancellations, and 4,200 pre-orders being duplicates.

That is a staggering number of pre-orders for a car the owners won’t get for a few years out. Demand for the Model 3 continues to grow, so it should be expected that orders will continue to come in for the company.


Tesla Autopilot Blamed for Crash

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So when a car with autopilot crashes, it is the car’s fault or the driver’s fault? An accident involving a Tesla Model S in California challenges just that question. The owner of the vehicle is blaming a faulty autopilot system in the Model S for not engaging the braking feature which resulted in the accident. Specifically, the auto braking function which should be engaged in the case of a front end collision did no work and the owner applied her brakes too late to avoid an accident.

According to Tesla spokesperson, “Autopilot is by far the most advanced such system on the road, but it does not turn a Tesla into an autonomous vehicle and does not allow the driver to abdicate responsibility. Since the release of Autopilot, we’ve continuously educated customers on the use of the feature, reminding them that they’re responsible for remaining alert and present when using Autopilot and must be prepared to take control at all times.”


Tesla Model X Recalled for Faulty Seat

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Tesla Motors Inc. will be issuing a recall on the Model X when the company identified an issue with the third row seat latch during internal crash testing. The issue is that during a frontal crash test using stricter European Union standards, a latch meant to hold the seat upright collapsed during testing.

According to Jon McNeil, Tesla’s head of global sales and service, “We’ve had no issues with failures in the field. But consistent with Tesla’s approach, we’re erring on the side of putting our customers’ safety first.” The recall will impact approximately 2,700 Model Xs which were all destined for the US.

Tesla plans to first contact all of the affected owners and provide them with details of the recall and instruction on how to get their vehicles repaired.


Part 1 of Tesla Model 3 Reveal

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The Model 3 has been shrouded by secrecy and an insane amount of customer demand ever since its existence was first leaked by Elon Musk. After last night’s Tesla press conference, we now know that the Model 3 is priced at $35,000 US for the base model. The luxury brand’s newest model should will have a minimum range of 340 kilometres on a full charge and offer 0-60mph times of under 6 seconds. Faster versions will be available, as will an all wheel drive version at a higher price.

The Model 3 is a four door sedan that has the looks of a mix between the Model S and the Model X. The demand for the Model 3 is primarily driven by the desire of consumers to own a Tesla and secondly a direct result of its affordable entry price. The Model 3 is basically a smaller and stripped down version of the $101,000 US Model S, while maintaining features such as Autopilot. Supercharging will also come standard, allowing owners to easily drive long distance road trips.

Ophir Gotlieb, CEO of Capital Market Labs, says “This isn’t going to be thought of as a $35,000 car, it’s going to be viewed as a $150,000 car on sale.” Elon Musk has said he hopes to sell 500,000 vehicles a year by 2020, and according to Gotlieb Tesla could easily surpass. “That opinion is based on every market survey I’ve seen, which is absolutely staggering with respect to how many people desperately want a Tesla, whether they own an electric vehicle or not” said Gotlieb.


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