Connect with us

News

Tesla Model 3 Mid Range: $45k, 260-mile battery and rear wheel drive

Photo Credit: DAErik via Youtube

Published

on

No stranger to creating surprises (in 280 characters or less), Tesla CEO Elon Musk took to Twitter Thursday afternoon to announce that the company’s mass-market Model 3 sedan has been given a lower cost, Mid Range battery option that’s capable of 260 miles of range per single charge.

With a starting price of $45,000, the Model 3 Mid Range variant with rear wheel drive takes the Silicon Valley electric carmaker one step closer to offering the highly-anticipated $35,000 base version, which the company expects to produce in the first half of 2019.

Tesla’s first Model 3 variant, the 310-mile-capable Long Range version in a single motor, rear wheel drive configuration, will still be available for ordering directly through company sales representatives for another week, although the option has been removed from the Model 3 Design Studio.

The lower price for the Mid Range Model 3 represents a $4,000 savings from the Long Range rear wheel drive version that starts at $49,000 before incentives. However, this cost savings also equates to 50 miles less of driving range and reduced performance. 0-60 mph performance for the Mid Range Model 3 comes in at a modest 5.6 seconds versus 5.1 seconds for the Long Range version. Top speed for midrange  Model 3 is also reduced to 125 mph (~200 kph).

Tesla Model 3 Version Comparisons

0-60 mph (sec) Top Speed (mph) Range (mi)
Model 3 Mid Range (RWD) 5.6 125 260
Model 3 Long Range (RWD) 5.1 140 310
Model 3 Long Range (AWD) 4.5 145 310
Model 3 Performance (AWD) 3.3 155 310

Elon Musk’s announcement of the lower-priced Tesla Model 3 should come as welcome news for the hundreds of thousands who have waited, some for more than two years, for the company to finally offer a truly affordable electric car that bests its competition in the luxury sedan market. At $45,000, the midrange Model 3 shares a similar base price as a 2019 BMW 330i series, yet tops the Bavarian heritage vehicle in both performance and technological innovation.

Advertisement

Arguably of more importance is Tesla’s strategic move to push higher-margin vehicles but also provide a favorable option for price-conscious consumers by creating a larger delineation between buyers looking to cost-cut and those seeking more range. By removing the RWD Long Range Model 3 as a vehicle selection, Tesla forces buyers that are looking for 310 miles of extended range to choose between a nearly $70,000 Model 3 Performance in basic trim or a $59,000 Model 3 Long Range with dual motor configuration. At a minimum, buyers looking for the long-range battery option will be spending $10,000 or more than they normally would have with the $49,000 RWD Long Range Model 3 as an available option.

According to the Tesla’s online configurator, buyers looking to purchase a Model 3 Mid Range can expect delivery in 6 to 10 weeks.

Advertisement

I'm friendly. You can email me. gene@teslarati.com

Advertisement
Comments

Cybertruck

Tesla Cybertruck’s newest trim will undergo massive change in ten days, Musk says

It appears as if the new All-Wheel-Drive trim of Cybertruck won’t be around for too long, however. Elon Musk revealed this morning that it will be around “only for the next 10 days.”

Published

on

(Credit: Tesla)

Tesla’s new Cybertruck trim has already gotten the axe from CEO Elon Musk, who said the All-Wheel-Drive configuration of the all-electric pickup will only be available “for the next ten days.”

Musk could mean the price, which is $59,990, or the availability of the trim altogether.

Last night, Tesla launched the All-Wheel-Drive configuration of the Cybertruck, a pickup that comes in at less than $60,000 and features a competitive range and features that are not far off from the offerings of the premium trim.

Tesla launches new Cybertruck trim with more features than ever for a low price

Advertisement

It was a nice surprise from Tesla, considering that last year, it offered a Rear-Wheel-Drive trim of the Cybertruck that only lasted a few months. It had extremely underwhelming demand because it was only $10,000 cheaper than the next trim level up, and it was missing a significant number of premium features.

Simply put, it was not worth the money. Tesla killed the RWD Cybertruck just a few months after offering it.

With the news that Tesla was offering this All-Wheel-Drive configuration of the Cybertruck, many fans and consumers were encouraged. The Cybertruck has been an underwhelming seller, and this seemed to be a lot of truck for the price when looking at its features:

  • Dual Motor AWD w/ est. 325 mi of range
  • Powered tonneau cover
  • Bed outlets (2x 120V + 1x 240V) & Powershare capability
  • Coil springs w/ adaptive damping
  • Heated first-row seats w/ textile material that is easy to clean
  • Steer-by-wire & Four Wheel Steering
  • 6’ x 4’ composite bed
  • Towing capacity of up to 7,500 lbs
  • Powered frunk

It appears as if this trim of Cybertruck won’t be around for too long, however. Musk revealed this morning that it will be around “only for the next 10 days.”

Musk could mean the price of the truck and not necessarily the ability to order it. However, most are taking it as a cancellation.

If it is, in fact, a short-term availability decision, it is baffling, especially as Tesla fans and analysts claim that metrics like quarterly deliveries are no longer important. This seems like a way to boost sales short-term, and if so many people are encouraged about this offering, why would it be kept around for such a short period of time?

Some are even considering the potential that Tesla axes the Cybertruck program as a whole. Although Musk said during the recent Q4 Earnings Call that Cybertruck would still be produced, the end of the Model S and Model X programs indicates Tesla might be prepared to do away with any low-volume vehicles that do not contribute to the company’s future visions of autonomy.

Advertisement

The decision to axe the car just ten days after making it available seems like a true head-scratcher.

Continue Reading

Elon Musk

Elon Musk’s Neuralink sparks BCI race in China

One of the most prominent is NeuroXess, which launched in 2021 and is already testing implants in patients.

Published

on

Credit: Neuralink

Neuralink, founded by Elon Musk, is helping spark a surge of brain-computer interface (BCI) development in China, where startups are moving quickly into human trials with strong state backing. 

One of the most prominent is NeuroXess, which launched in 2021 and is already testing implants in patients.

Neuralink’s clinical work and public demonstrations have drawn worldwide attention to invasive brain implants that allow patients to control digital devices using their minds. The company is currently running a global clinical trial and is also busy preparing for its next product, Blindsight, which would restore vision to people with visual impairments.

Neuralink’s visibility has helped accelerate similar efforts in China. Beijing last year classified brain-computer interfaces as a strategic sector and issued a roadmap calling for two or three globally competitive companies by 2030, as per the Financial Times. Since February last year, at least 10 clinical trials for invasive brain chips have launched in the country.

Advertisement

NeuroXess recently reported that a paralyzed patient was able to control a computer cursor within five days of implantation. Founder Tiger Tao credited government support for helping shorten the path from research to trials.

Investment activity has followed the policy push. Industry data show dozens of financing rounds for Chinese BCI startups over the past year, reflecting rising capital interest in the field. Ultimately, while Neuralink remains one of the most closely watched players globally, its momentum has clearly energized competitors abroad.

Advertisement
Continue Reading

News

Tesla Supercharger vandalized with frozen cables and anti-Musk imagery amid Sweden union dispute

The incident comes amid Tesla’s ongoing labor dispute with IF Metall.

Published

on

Credit: Tesla Charging/X

Tesla’s Supercharger site in Vansbro, Sweden, was vandalized during peak winter travel weeks. Images shared to local media showed frozen charging cables and a banner reading “Go home Elon,” which was complete with a graphic of Musk’s controversial gesture. 

The incident comes amid Tesla’s ongoing labor dispute with IF Metall, which has been striking against the company for more than two years over collective bargaining agreements, as noted in a report from Expressen.

Local resident Stefan Jakobsson said he arrived at the Vansbro charging station to find a board criticizing Elon Musk and accusing Tesla of strikebreaking. He also found the charging cables frozen after someone seemingly poured water over them.

“I laughed a little and it was pretty nicely drawn. But it was a bit unnecessary,” Jakobsson said. “They don’t have to do vandalism because they’re angry at Elon Musk.”

Advertisement

The site has seen heavy traffic during Sweden’s winter sports holidays, with travelers heading toward Sälen and other mountain destinations. Jakobsson said long lines formed last weekend, with roughly 50 Teslas and other EVs waiting to charge.

Tesla Superchargers in Sweden are typically open to other electric vehicle brands, making them a reliable option for all EV owners. 

Tesla installed a generator at the location after sympathy strikes from other unions disrupted power supply to some stations. The generator itself was reportedly not working on the morning of the incident, though it is unclear whether that was connected to the protest.

The dispute between Tesla and IF Metall centers on the company’s refusal to sign a collective agreement covering Swedish workers. The strike has drawn support from other unions, including Seko, which has taken steps affecting electricity supply to certain Tesla facilities. Tesla Sweden, for its part, has insisted that its workers are already fairly compensated and it does not need a collective agreement,

Advertisement

Jesper Pettersson, press spokesperson for IF Metall, criticized Tesla’s use of generators to keep charging stations running. Still, IF Metall emphasized that it strongly distances itself from the vandalism incident at the Vansbro Supercharger.

“We think it is remarkable that instead of taking the easy route and signing a collective agreement for our members, they are choosing to use every possible means to get around the strike,” Pettersson said.

Advertisement
Continue Reading