Lifestyle
Should I get a Tesla Model S now or wait for the Model 3?
If you’ve been a follower of my posts, you’ll know that I’m an early Model S adopter who’s been salivating over every new feature Tesla has released since 2014. At the top of my list is all wheel drive (I live in New England) followed by Autopilot (I’m a geek who loves technology and I also drive a lot) and a nice-to-have such as automatic high beams.
I’ve been fighting the urge to upgrade my Model S for 2.5 years now and it certainly doesn’t help that Tesla has been so kind to remind me of all the newest features I don’t have.
I feel bothered by this for a couple of reasons:
- Tesla has repeatedly said they’re supply-constrained. They are supposed to have plenty of demand. So why chase existing owners repeatedly with a proposal that doesn’t seem to make sense? As an investor in $TSLA, this has me concerned.
- It doesn’t make economic sense for me to upgrade.
Let me explain.
Bear in mind that my scenarios may different from yours or someone else, but nevertheless I thought it’s worth sharing.
Scenario 1 – Upgrade now to a new Model S
If I were to get a new Model S I’d want one with at least the amount of range, if not more, than what I already have (85 kWh). This makes the Model S 90D my preferred choice. Features I opted out of from my first purchase could remain off. Smart Air Suspension: not needed. High Fidelity Sound System: nope. More power: tempting, but no thanks. However, I do want dual motor all-wheel drive and Autopilot, but you already knew that.
Had I purchased late in 2014 (versus early in 2014) I wouldn’t have any appetite for a Model S or Model 3 at this point.
Configuring a new Model S 90D with my bare minimums costs approximately $110,000.
Tesla’s “Full Self-Driving Capability” is one of the most questionable choices here and an option that could be skipped for a later time. My main question on this upgrade is whether hardware is bundled upfront and the feature gets “turned on” as a software upgrade at a later date or is the hardware a completely separate upgrade in itself. For me, I want all possible hardware upfront whether it be a Model 3 or Model S.
My current Model S is at 70,000 miles, 2.5 years old and in perfect shape. Its value? $49,000 according to Tesla, as a trade-in. It could be a bit less now since the trade-in quote is several months old. What this means is that it would cost me nearly $60,000, out of pocket or through financing, to upgrade to the latest and greatest.
This excludes any benefits or tax incentives which may or may not be available for Scenario 2 below.
Scenario 2 – Wait for Model 3 and trade in my Model S
Everything we’ve seen and heard about the Model 3 thus far implies that it will have all the same capabilities as the Model S but through add-ons.
The Model 3 appears to be 80-90% of the size of the Model S. The Model 3 seats 5 comfortably. The Model 3 will have the option for dual motors and all-wheel drive. And Tesla will obviously put a heavy emphasis on Autopilot and autonomous driving features on the Model 3.
If we take a look at the pricing model for the Model S and Model X, a fully loaded version of each vehicle is just over twice the base price. For example, the most basic Tesla Model S 60 today is $66,000 and a fully loaded P100DL is $160,000 (2.4 times the base). Since I would not want a fully loaded Model 3, I’ll use twice the base price for my sample calculation.
If the Model 3 truly starts at a base price of $35,000 and we double that to a “reasonably equipped” version, we can assume the price for the Model 3 can jump to $70,000 and beyond. Since there’s no question that my trade-in value will be less a year from now, and dropping from $49,000 to likely $40,000, my net out of pocket would be $30,000, or half the cost of upgrading now. That is a pretty wide gap!
So I wait
Each time Tesla contacts me with an upgrade opportunity, I ask the representative to provide a cost benefit on such an upgrade. And each time they ignore my reply. I personally think Tesla should at least respond to their current customers and provide an answer to a very reasonable question.
Tesla is an amazing company, has great products and holds a bright future, but their sales team could do a better job in communicating the benefits for existing owners to upgrade. The recent price hike in the Model S also doesn’t help convince existing owners the value of upgrading versus waiting it out for the Model 3.
I question – Is there enough product differentiation between the Model S and the Model 3? From where I sit right now, no, there isn’t.
Are you a Model S owner getting the same emails? Are you a new buyer thinking about the Model S now versus waiting on the Model 3? I’d love to hear your thoughts on this. Leave me a comment.
Elon Musk
Tesla ditches India after years of broken promises
Tesla has ditched its plans to build a factory in India after years of failed negotiations.
Tesla’s long-running effort to establish a manufacturing presence in India is officially over. India’s Minister of Heavy Industries H.D. Kumaraswamy confirmed on May 19, 2026 that Tesla has informed authorities it will not proceed with a manufacturing facility in the country.
Tesla first signaled serious interest in India around 2021, when it began hiring local staff and lobbying the Indian government for lower import tariffs. The ask was straightforward: reduce duties enough for Tesla to test the market with imported vehicles before committing capital to a local factory. India’s position was equally firm, with an ask of Tesla to commit to manufacturing first, then receive tariff relief. Neither side moved, and the talks quietly collapsed.
Tesla to open first India experience center in Mumbai on July 15
India had offered a policy that would reduce import duties from 110% down to 15% on EVs priced above $35,000, provided companies committed at least $500 million toward local manufacturing investment within three years. Tesla declined to participate. The tariff standoff was only part of the problem. Analysts pointed to significant gaps in India’s local supply chain, inadequate industrial infrastructure, and a mismatch between Tesla’s premium pricing and the purchasing power of India’s automotive market as additional factors that made the investment difficult to justify.
First signs of an unraveling relationship came in April 2024, when Musk abruptly cancelled a planned trip to India where he was set to meet Prime Minister Modi and announce Tesla’s market entry. By July 2024, Fortune reported that Tesla executives had stopped contacting Indian government officials entirely. The government at that point understood Tesla had capital constraints and no plans to invest.
The more fundamental issue is that Tesla’s existing factories are currently operating at approximately 60% capacity, making a commitment to building new manufacturing capacity in a new market difficult to defend to investors. Tesla will continue selling imported Model Y vehicles through its existing showrooms in Mumbai, Delhi, Gurugram, and Bengaluru, but local production is no longer part of the plan.
Elon Musk
Trump’s invite for Elon just reshuffled Tesla’s big Signature Delivery Event
Tesla rescheduled its final Model S farewell to May 20 after Musk joined Trump in China.
Tesla has rescheduled its Model S and Model X Signature Edition delivery event to Wednesday, May 20, 2026, after abruptly calling off the original May 12 celebration. The event will take place at Tesla’s factory at 45500 Fremont Boulevard in Fremont, California, the same location where the Model S first rolled off the line in 2012. Invitees received a follow-up email asking them to reconfirm attendance and download a new QR code ticket, with Tesla noting that all travel and accommodation expenses remain the buyer’s responsibility.
The reason behind the original cancellation came into focus the same day it was announced. President Trump invited Elon Musk, Apple’s Tim Cook, BlackRock’s Larry Fink, Boeing’s Kelly Ortberg, and executives from Goldman Sachs, Blackstone, Citigroup, and Meta to join his trip to China this week for a summit with President Xi Jinping. The agenda covers trade, artificial intelligence, export controls, Taiwan, and the Iran war, following weeks of escalating friction between Washington and Beijing over AI technology, sanctions, and rare earth exports. Trump wrote on Truth Social, “I am very much looking forward to my trip to China, an amazing Country, with a Leader, President Xi, respected by all.”
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The vehicles at the center of all this are the last Model S and Model X units Tesla will ever build. Priced at $159,420 each, the 250 Model S and 100 Model X Signature Edition units come finished in Garnet Red with a one-year no-resale agreement, giving Tesla right of first refusal if the owner decides to sell. As Teslarati reported, the Model S defined Tesla’s early identity as a serious luxury automaker, and the Fremont factory line that built it is now being converted to manufacture Optimus humanoid robots.
Musk’s inclusion in the China delegation drew attention given his very public relationship with Trump, and the invitation signals the two have moved past and past grievances. Trump originally brought Musk on to lead the Department of Government Efficiency following his inauguration, and despite a sharp public dispute in mid-2025, the two have appeared together repeatedly in recent months. A seat on the China trip, the most diplomatically consequential visit of Trump’s current term, puts Musk back at the table on U.S. economic policy at a moment when Tesla’s China revenue remains one of the company’s most important financial pillars.
Lifestyle
Tesla Semi hauls fresh Cybercab batch as Robotaxi era takes hold
A Tesla Semi was filmed hauling Cybercab units out of Giga Texas for the first time.
A Tesla Semi loaded with Cybercab units was recently filmed leaving Gigafactory Texas, marking what appears to be the first documented delivery run of Tesla’s autonomous two-seater. The footage shows multiple Cybercabs secured on a flatbed trailer being hauled by a production Tesla Semi, a truck rated for a gross combination weight of 82,000 lbs. The location is consistent with Giga Texas in Austin, where Cybercab production has been ramping since February 2026.
The sighting follows a wave of Cybercab activity at the Austin facility. In late April, drone operator Joe Tegtmeyer spotted approximately 60 Cybercabs parked in two organized groups in the factory’s outbound lot, the largest concentration observed to date. Units being staged in an outbound lot is a standard pre-delivery step, and the Semi footage is the logical next frame in that sequence.
En route with @tesla_semi pic.twitter.com/ZfuOjaeLH1
— Tesla Robotaxi (@robotaxi) May 7, 2026
This is not the first time Tesla has used its own Semi to move Tesla products. When the Semi was unveiled in 2017, Musk noted it would be used for Tesla’s own operations, and over the years Semi prototypes were spotted carrying cargo ranging from concrete weights to Tesla vehicles being delivered to consumers. In 2023, a Semi was photographed transporting a Cybertruck on a trailer ahead of that vehicle’s delivery launch.
The Cybercab itself was first revealed publicly at Tesla’s “We, Robot” event on October 10, 2024, at Warner Bros. Studios in Burbank, where 20 pre-production units gave attendees rides around the studio lot. Musk stated at the event that Tesla intends to produce the Cybercab before 2027. The first production unit rolled off the Giga Texas line on February 17, 2026, with Musk posting on X: “Congratulations to the Tesla team on making the first production Cybercab.”
Tesla’s annual production goal is 2 million Cybercabs per year once multiple factories reach full design capacity, with the company targeting a price under $30,000 per unit. Tesla has confirmed plans to expand its robotaxi service to seven cities in the first half of 2026, including Dallas, Houston, Phoenix, Miami, Orlando, Tampa, and Las Vegas, building on the unsupervised service already running in Austin. Musk has said he expects robotaxis to cover between a quarter and half of the United States by end of year.
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