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Tesla’s Model 3 will be big news in 2017 and why you should care
The Tesla Model 3 will reach a pinnacle of excitement and hype in 2017, with projected international pricing and production scheduled to begin mid-year. These are important times for Tesla, as the Model 3 is the vehicle that CEO Elon Musk envisioned with his original Master Plan.
A new audience for Tesla
A minimum of 215 miles of range per single charge. Under 6 seconds: Zero to 60 mph. Seating for 5 adults. Designed to achieve 5-star safety rating. Autopilot hardware. Supercharging capable. Musk has said that “you will not be able to buy a better car for $35,000,” while also indicating that options will bring the typical price of a Model 3 to about $42,000.
All indications are that the Model 3 will be a four-door sedan that’s a bit smaller than the Tesla Model S. Likely comparable cars are the BMW 3 Series, Jaguar XE, and Mercedes C-Class. Those models are no mid-range Hondas or Hyundais, no Nissan Versas or Chevy Sparks with base prices under $15,000. So the Model 3 will have an upscale audience but not the mass public— at least not yet.
So, yes, it’s nice to see another Tesla vehicle coming to market, but aside of that, what’s so significant about the Model 3?
The Tesla Master Plan as embodied in the Model 3
Over a decade ago, Musk announced that Tesla’s long term plan was to build a wide range of vehicles, including affordably priced family cars. This was part of a larger goal to help expedite the move from a “mine-and-burn hydrocarbon economy towards a solar electric economy.” Most electricity is produced at an electric power plant where some fuel source, such as coal, oil, natural gas, or nuclear energy, produces heat that boils water to create steam. The steam, under high pressure, is used to spin a turbine. Centralized electricity, then, frequently perpetuates reliance on fossil fuels. Recent anthropogenic emissions of greenhouse gases from fossil fuels are the highest in history, and climate changes have had widespread impacts on human and natural systems. When we reduce our reliance on fossil-fuels, we can decrease the proportion of greenhouse gases in the atmosphere. Human activity, after all, has contributed to anthropogenic climate change.
What’s the Model 3 got to do with all this?
The important distinction to note here is between electric vehicles powered from a centralized grid and electric vehicles powered by decentralized solar energy. When combined with a modestly sized and priced solar panel from SolarCity — the Tesla-owned solar service provider — a Model 3 consumer can draw upon decentralized energy. When energy is produced close to where it will be used, rather than at a large plant elsewhere and sent through the national grid, a Tesla consumer reduces carbon emissions and contributes to a greener climate and economy.
The Model 3 will bring the capacity to become relatively energy independent to a whole new segment of society. Tesla’s reconceptualization of a transportation and electricity generation linkage will become increasingly apparent and important in 2017 as the Model 3 comes closer to our city streets.
The triad of Model 3 electric vehicle, solar roof, and Powerwall 2
In addition to ramping up Model 3 production, Tesla’s engineering teams will work in conjunction with Panasonic to set manufacturing at SolarCity’s Buffalo plant in 2017. That is the starting point for SolarCity solar roof products. The result? Solar cells, solar modules, and solar roof tiles.
Here’s how it works. A residence can capture the sun’s free, abundant energy source through rooftop solar tiles, turning sunlight into electricity for immediate use. Tesla’s solar roof tiles will be designed in four different and very appealing styles. Once the Jones family gets these solar roof tiles, so, too, will the Smiths want them. You see where this is going…
And there’s more to the solar roof tiles than merely converting sunlight. That sunlight-turned-electricity can be stored in a Powerwall 2 home battery pack. In early 2017, Tesla will initiate the first deliveries and installations of the Powerwall 2, which is being produced at the Gigafactory in Nevada. The Powerwall 2 can power an average two-bedroom home for a full day.
It can also be used to fire up your Model 3.
So, let’s review. Solar produces zero carbon emissions and reduces dependence on fossil fuels. The Model 3 electric vehicle is priced to meet the needs of an entirely new market. That market will be able to use solar roof tiles to turn sunlight into electricity, and the Powerwall 2 will store electricity that can, in turn, power up the Model 3. By matching Tesla solar roof tiles with the Powerwall to power your Model 3, you can extend the environmental and cost benefits of solar energy.
This is big stuff, and it’s clearly been under-reported. The Model 3 has the capacity to have huge consequences on the way the typical U.S. consumer considers electricity generation and transportation alternative. It’s Tesla in the lead, all over again.
Elon Musk
SpaceX Board has set a Mars bonus for Elon Musk
SpaceX has given Elon Musk the goal to put one million people on Mars.
SpaceX’s board approved a compensation plan for Elon Musk that ties his pay directly to colonizing Mars and building data centers in outer space. The details surfaced this week after Reuters reviewed SpaceX’s confidential registration statement filed with the Securities and Exchange Commission, making it one of the first concrete looks inside the company’s financials ahead of a public offering.
The pay package will reportedly award Musk 200 million super-voting restricted shares if the company hits a market valuation milestone, with the most ambitious targets going further. To unlock the full award, SpaceX would need to reach a $7.5 trillion valuation and help establish a permanent human settlement on Mars with at least one million residents. Additional incentives are tied to developing space-based computing infrastructure capable of delivering at least 100 terawatts of processing power.
SpaceX wins its first MARS contract but it comes with a catch
Long before SpaceX filed anything with the SEC, Elon Musk had already spent years framing Mars colonization as an insurance policy against human extinction. The philosophy traces back to at least 2001, when Musk first began researching Mars missions independently, before SpaceX even existed. By 2002 he had founded the company with Mars as the stated long-term goal.
In a 2017 presentation at the International Astronautical Congress, Musk outlined the specific vision that still underpins SpaceX’s architecture today. He described a self-sustaining city on Mars requiring roughly one million people to become viable, the same number now written into his compensation package.
SpaceX’s Starship, still in active development, was designed from the ground up to support the eventual colonization of Mars. Musk has stated publicly that getting the cost per ton to Mars below $100,000 is necessary to make mass migration economically feasible. Everything from Starship’s payload capacity to its full reusability targets flows from that single constraint. One can say that Musk’s latest compensation package has put a formal valuation on Mars for the first time.
SpaceX is targeting an IPO around June 28, Musk’s birthday, at a valuation of approximately $1.75 trillion. Between the Mars rover contract, the Golden Dome software group, Space Force satellite launches, and now a pay structure built around interplanetary colonization, SpaceX has become the single most consequential contractor in American space and defense. The IPO will put a public price tag on all of it for the first time.
Earlier this week, we wrote a story on how Tesla is launching a new Supercharging Queue system to mitigate problems between drivers when there is a wait to charge.
Rather than potentially having people end up in a physical conflict, Tesla’s approach is to determine who is next to charge based on geographic data.
Tesla launches solution to end Supercharger fights once and for all
But some companies, notably Tesla’s biggest rival in China, BYD, are taking a different approach, focusing on charging speeds rather than how they will manage delays.
BYD’s approach, especially with its tests of ultra-fast “Flash Charging” technology, is to eliminate the length of a charging session. At the heart of this strategy is BYD’s second-generation Blade Battery paired with 1,500-kW Flash Chargers.
Real-world FLASH Charging in action.
⚡ 10% → 70% in 5 minutes
⚡ 10% → 97% in 9 minutesIntroducing BYD’s 2nd Generation Blade Battery + FLASH Charging Technology.
20,000 stations will bring faster, safer, and smarter EV charging across China by the end of 2026. pic.twitter.com/uzQC8q1xGf
— BYD (@BYDCompany) March 9, 2026
Unveiled earlier this year, the system charges compatible vehicles from 10 percent to 70 percent state of charge in just five minutes and from 10 percent to 97 percent in nine minutes.
Real-world demonstrations on models like the Yangwang U7 and Denza Z9 GT have shown the tech delivering roughly 250 miles (400 kilometers) of range in just five minutes. This would essentially match or beat the time it takes to fill a gas tank.
Sometimes, gas pumps get congested, and there are lines. You rarely see conflicts at pumps because filling up a tank rarely takes more than five minutes.
Tesla’s fastest Supercharger build currently is the v4, which can deliver up to 325 kW for Cybertruck and 250 kW for other models, but there are “true” sites that are capable of up to 500 kW. This enables speeds of up to 1,000 miles per hour, or 1,400 miles for 350 kW-capable vehicles.
The breakthrough stems from BYD’s vertically integrated ecosystem: a new 1,000-volt architecture, 10C charging rates, and proprietary silicon-carbide chips that minimize internal resistance while protecting battery health.
The company plans to install 20,000 Flash Charging stations across China by the end of 2026, with thousands already operational and global expansion eyed for Europe and beyond later this year.
Early rollout targets popular models, including upgrades to high-volume sellers like the Seal and Sealion series, bringing five-minute charging to mainstream prices around 100,000 yuan (about $14,000).
This approach contrasts sharply with Tesla’s software solution. Tesla’s Virtual Queue uses geofencing and the app to assign turns at crowded sites, addressing driver disputes and idle time. It’s a clever fix for today’s network realities.
Yet, BYD’s philosophy is simpler: make charging so fast that waits barely exist. A five-minute stop becomes as convenient as a gas-station visit, reducing station dwell time, easing grid strain, and lowering range anxiety for long trips.
For consumers, the difference is potentially tangible. They’ll spend more time driving and less time parked. It is just another way Tesla and BYD are pushing one another to improve the overall experience of EV ownership.
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Tesla wins big as NHTSA drops three-year, 120k unit probe against Model Y
In all, 120,089 Model Ys were impacted, but in two cases, drivers reported the complete detachment of the steering wheel from the steering column while the vehicle was in motion. NHTSA’s initial review revealed that the vehicles had been delivered without the critical retaining bolt that secures the steering wheel to the splined steering column.
A probe into over 120,000 2023 Tesla Model Y units has been closed by the National Highway Traffic Safety Administration (NHTSA). The probe ends without the agency requiring any action from Tesla.
The probe, designated PE23-003, opened in March 2023 and stemmed from just two consumer complaints involving low-mileage Model Y SUVs.
In all, 120,089 Model Ys were impacted, but in two cases, drivers reported the complete detachment of the steering wheel from the steering column while the vehicle was in motion. NHTSA’s initial review revealed that the vehicles had been delivered without the critical retaining bolt that secures the steering wheel to the splined steering column.
NHTSA has ended a probe into over 120,000 Tesla Model Y vehicles after claims that the steering wheel could detach from the steering column due to a missing retaining bolt
There is no action needed by Tesla pic.twitter.com/YpAO3bKugA
— TESLARATI (@Teslarati) April 28, 2026
Factory records showed each car had undergone an “end-of-line” repair at Tesla’s facility, during which the steering wheel was removed and reinstalled. The bolt was apparently omitted after the repair, leaving only a friction fit between the wheel and column to hold it in place temporarily.
According to NHTSA documents, this friction fit maintained the connection during initial low-mileage driving until forces during normal operation caused the wheel to detach. Both vehicles that were impacted were repaired under warranty with no injuries reported, and no additional incidents surfaced during the agency’s three-year review.
After analyzing manufacturing processes, complaint data, and field reports, NHTSA concluded the issue was isolated to those two post-repair vehicles rather than indicative of a systemic defect in Tesla’s production or quality control.
The closure means the agency has determined no recall or further enforcement is warranted for this specific missing-bolt condition.
This outcome marks the second NHTSA investigation into Tesla closed without action this month, as a recent probe into the company’s “Actually Smart Summon” feature was also resolved in April.
The two resolutions provide some relief for Tesla amid the continuous and somewhat unfair regulatory scrutiny of its vehicles, including open inquiries into driver assistance systems.
Importantly, the closed probe does not involve or affect Tesla’s separate May 2023 voluntary recall of certain 2022-2023 Model Y vehicles. That recall addressed a different issue—steering-wheel fasteners that were installed but not torqued to specification—prompted by a service technician’s observation of a loose wheel during unrelated repairs.
Tesla identified a small number of related warranty claims and proactively addressed the matter without NHTSA mandate.
The Model Y remains one of the world’s best-selling vehicles, and Tesla continues to refine its lineup, including the recent “Juniper” refresh. While federal oversight of the electric vehicle pioneer remains intense, this decision underscores that isolated manufacturing anomalies do not always translate into broader safety defects requiring recalls.
SpaceX Board has set a Mars bonus for Elon Musk
Tesla’s biggest rivals fights charging wait times with a modern approach
