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Tesla is the benevolent harbinger of doom for fossil-fueled cars

(Photo: Andres GE)

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It’s obvious by now that Tesla is having a major impact on the automotive world, and this seems to be most felt in places where emissions regulations are tightening up in a big way. The state of California, for example, has a regulatory scheme that forces some major car makers into buying greenhouse gas (GHG) credits, and Europe’s impending CO2 restrictions are going to mean creative hoop jumping if manufacturers hope to avoid their fines.

Despite this fine-print qualifying, Tesla isn’t exactly sitting on the bleachers gloating in these companies’ attempts at compliance. Rather, they’re shepherding the changes and gaining a multifaceted advantage while they do so.

In fact, you might say Tesla is the benevolent harbinger of doom for transportation powered by fossil fuels.

In April this year, details of a deal between Fiat Chrysler (FCA) and Tesla were revealed where the companies’ vehicle fleets would be pooled together to bring down FCA’s emissions average in the EU. By doing so, FCA avoided CO2 fines for 2020, according to its CEO Mike Manley in a Q2 2019 results conference call. The arrangement is expected to continue until 2022, and Tesla’s payout from the bargain is estimated to be around $500 million.

Fiat Chrysler is also leaning heavily on Tesla in California where the Italian automaker was recently found to be purchasing GHG credits from the Elon-Musk-led venture. FCA isn’t the only one, though. General Motors (GM) was also found to be buying credits from Tesla, despite having its own battery electric and plug-in hybrid electric vehicles on the market for years. The move could be to guard against regulatory uncertainties in the future, but the message is still clear: GM has a ways to go in revamping its fleet for an electrified future, and Tesla is offering a hand-up in the process.

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The hand-up is quite lucrative, of course. Tesla reported $216 million in revenue from the sale of regulatory credits in Q1 2019 alone, and CFO Zachary Kirkhorn expects credit sales to be even more significant in the future.

Tesla isn’t just helping with “Get Out of Jail (for a price)” cards, either. Their patents have operated under an open source philosophy since 2014. Some things are not shared in order to maintain a business edge – namely their Full Self-Driving tech; however, altogether Tesla is pointing the way towards a zero emissions automotive world, and they’re offering to help others in the industry get there, too. Yes, cars powered by fossil fuels are probably doomed, and Tesla’s success is basically ushering in that apocalypse. But they’re being kinder and gentler about it than they have to be.

The reason I classify Tesla’s credit dealings as benevolent rather than, say, opportunist, is because of the company’s mission from the start. Followers of Elon Musk are well versed (or somewhat versed) on his “Master Plans” that use electric cars to drive energy sustainability. In the end, the transition that FCA and GM are hiccuping their way through was the intention all along. It’s just ironic luck (or hard work, really) that Tesla can be there to guide them and assist them across the bridge. Or through the gates. Or…well, pick your metaphor. Could Tesla be hospice for FCA?

Okay, I’ll stop.

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Accidental computer geek, fascinated by most history and the multiplanetary future on its way. Quite keen on the democratization of space. | It's pronounced day-sha, but I answer to almost any variation thereof.

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Tesla trims Model 3 Long Range RWD price in China by RMB 10,000

The update was implemented by Tesla just weeks after the variant’s introduction.

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Credit: Tesla Asia/X

Tesla has cut the price of its recently introduced long-range rear-wheel drive (RWD) Model 3 in China.

The update was implemented by the electric vehicle maker just weeks after the variant’s introduction. 

Tesla China’s Model 3 lineup

The Model 3 RWD Long Range, which carries a CLTC range of 830 kilometers, is now priced from RMB 259,500 ($36,390), down RMB 10,000 ($1,400) from its initial RMB 269,500 ($37,800) price. Deliveries for the updated variant are currently listed at 1-3 weeks for new orders.

Tesla introduced the long-range RWD Model 3 in China on August 12, positioning it as a longer range alternative to the entry-level Model 3 RWD, which is priced at RMB 235,500 ($33,000). Despite the recent update to the price of the Model 3 RWD Long Range, the cost for the other three Model 3 trims remains unchanged. 

Delivery times for the base Model 3 RWD and Model 3 Dual Motor AWD are listed at 1–3 weeks across the range, while the Model 3 Performance is listed at 3–5 weeks.

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Sales momentum and exports

Tesla continues to offer purchase incentives this month, including five-year zero-interest financing and an RMB 8,000 insurance subsidy, as noted in a CNEV Post report.

Model 3 sales in China reached 9,851 units in July, down 0.78% year-on-year and 40.8% month-over-month compared to June. Still, cumulative sales for the Model 3 between January and July totaled 101,770 units, reflecting a 26.5% year-on-year increase in sales.

Exports of the Model 3 stood at 12,197 units in July, down 46.5% year-on-year but surging 228.8% from June. For the first seven months of 2024, Model 3 exports totaled 70,718 units, a 42% decline.

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Tesla is bringing back something it took from the Model 3…for a price

“Modify your Model 3 by replacing the turn signal buttons on your steering wheel with turn signal stalks. This modification is included in the purchase price and is installed by a Tesla Service Center.”

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Credit: Tesla

Tesla is bringing back the Model 3’s turn signal stalk in China after removing the part with the refresh of the all-electric sedan early last year.

However, it is going to cost you.

In 2024, Tesla launched the Model 3 “Highland,” a refreshed version of the vehicle that included several large-scale changes. One of the most noticeable was the lack of a turn signal stalk, something the company chose to remove and instead implement turn signal buttons on the steering wheel.

The buttons were met with mixed reviews, as some drivers complained that it was too difficult to get used to them. Others had no problem with the change, noting that it was slightly more convenient for them or that they enjoyed the minimalistic look.

Now, Tesla is offering Model 3 owners in China the opportunity to replace the stalk for a price of ¥ 2,499, or about $350:

“Modify your Model 3 by replacing the turn signal buttons on your steering wheel with turn signal stalks. This modification is included in the purchase price and is installed by a Tesla Service Center.”

Tesla notes on its website that the service is available for Model 3 vehicles without stalks manufactured after February 7, 2025. Any car without a stalk that was manufactured before that date will have the service available to them in the future.

Installation can be performed at a Service Center or by the owner. However, Tesla notes that it is not responsible for any damages resulting from self-installation and recommends that the part be put in by an employee.

The cockpit of the Tesla lineup has been under intense scrutiny by the company in recent years. After a few changes to things like the stalk, steering wheel shape, and others, Tesla has usually given drivers the chance to have things reverted back to their preferences if they want.

They did this for the Model S and Model X a few years ago after implementing the yoke steering wheel.

Tesla Steering Wheel Retrofits have started, and it’s easy to get rid of your yoke

The stalk was not supposed to be removed from the Model 3 and Model Y, but Tesla chose to do so with the refresh last year.

It seems the minimalization of the cockpit, overall, is a move that prepares drivers for autonomy, as eventually, Teslas will be void of pedals, steering wheels, and any other apparatus that are used to control the car.

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Tesla offers new deal on used inventory that you won’t want to pass up

Tesla opened up lease deals on used Model 3 and Model Y inventory in California and Texas on Tuesday, marking the first time it has launched the option on pre-owned cars.

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Credit: Tesla

Tesla is offering a new deal on its used vehicle inventory that consumers looking for a great deal won’t want to pass up.

Traditionally, Tesla has not allowed potential car buyers to lease its used inventory. The only two options were to buy with cash or finance it through Tesla or a bank.

However, with the elimination of the $7,500 new and $4,000 used EV tax credits, Tesla is breaking its own rules and is now offering lease deals on its used vehicle inventory, but only in a couple of states, as of right now.

Tesla is ready with a perfect counter to the end of US EV tax credits

Tesla opened up lease deals on used Model 3 and Model Y inventory in California and Texas on Tuesday, marking the first time it has launched the option on pre-owned cars.

The deals are tremendous and can cost as little as $0 down and under $225 per month for some vehicles.

Tesla also allows customers to buy the vehicle at the end of their lease deal, which enables some really great ways to end up an owner of the car you plan to drive for the next two or three years.

The lease deal also helps Tesla rid itself of older vehicles that might not be of future use to the company. It formerly planned to use leased vehicles in its eventual Robotaxi fleet, but many of the cars in its used inventory have Hardware 3, which is less capable than Hardware 4, which is installed in the new Model 3 and Model Y.

More importantly, Tesla is giving people yet another way to be in the market for a Tesla before the tax credit ends on September 30.

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