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Tesla Model 3 Power Sports wheel with aero cover makes grand debut in China as test drives begin

Model 3 Performance Power Sports Wheels on display in China. | Credit: Twitter/@ShanghaiJayin

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Test drives of the Tesla Performance Model 3 opened yesterday in Shanghai and, as to be expected, pictures of the Chinese variation of the electric car have surfaced online. In photos shared by Twitter user JayinShangahai, in-person glimpses have been captured of the vehicle, including the new 19-inch “Power Sports” wheels, both with and without their aero covers. The Model 3 wheel variation was first spotted in Tesla’s online vehicle configurator for the Chinese market but isn’t yet available in the US.

The Power Sports wheels are said to increase range efficiency and, when used with their aerodynamic hubcaps, “better adapt to different road conditions”, per their description on Tesla’s Chinese Model 3 Design Studio. A similar performance wheel variation is offered in the US market, however the size and appearance are slightly different. The Aero Wheels offered for the North American Model 3 are 18″ as opposed to the 19″ size of the Power Sports version, and the overall design has been reworked from a 5-hole, black/grey style to a 7-hole, silver/grey style. It should also be noted that the Power Sports wheel is only offered on the Model 3 Performance – the Long Range AWD variation will come with either the Aero Wheels or Sports Wheels styles found in North American versions.

The first batch of Tesla’s Performance Model 3 China edition vehicles arrived about a week ago in Hong Kong. Per the online configurator, delivery of the Dual Motor Model 3 variation is supposed to begin sometime in March, and an additional Standard Range version is slated for mid-2019, completing the full Tesla lineup available to the company’s Chinese customers. The still-unreleased Model Y crossover SUV was originally thought to be part of the all-electric car maker’s coming production plans in China, but in yesterday’s 2018 Full Year Report, Tesla indicated that Gigafactory 1 in Sparks, Nevada would likely be the initial manufacturing site.

Tesla is likely planning on deliveries into China being short-lived in favor of in-country production at its recently ground broken Gigafactory 3 in Shanghai, primarily as a matter of financial sense. An extra 25% import tariff is placed on cars originating in the US, significantly increasing the price of any American vehicles brought into the country. China recently agreed to suspend the extra tariff; however, the suspension is scheduled to end on April 1, 2019. Tesla adjusted their vehicle pricing accordingly with the hope of using the lower tariff advantage to ramp up sales, a plan which was successful. Even still, though, general import taxes remain in force, meaning the electric vehicle manufacturer would need to further reduce tax barriers to truly expand and compete throughout China. Manufacturing Tesla’s cars in Shanghai would accomplish this.

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The Tesla Model 3 Performance is expected to become a strong contender in China’s high-performance sedan market. With a 0-60 mph acceleration time of 3.5 seconds offered at a rival-undercutting price of 560,000 RMB (around $81,000), the value of the vehicle overall speaks for itself. Once Gigafactory 3 is up and running – initial construction is expected to be completed this summer – it is anticipated to reach high volume production shortly thereafter and enter the Chinese market as a true local competitor for other manufacturers doing business in the country.

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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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Investor's Corner

Lucid denies rumors of bankruptcy after over 40% stock drop

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Credit: Lucid

Electric vehicle maker Lucid Group has denied rumors of an imminent bankruptcy after a report from this morning sent the stock on a dramatic drop on Wall Street, seeing losses of more than 40 percent during trading hours.

Lucid’s Director of Communications, Nick Twork, responded to the report from Eletric-Vehicles.com, which stated the company’s restructuring advisor, AlixPartners, was asked to review two decisions: taking Lucid shares private or filing for Chapter 11 bankruptcy protection.

The report also claims AlixPartners told the Lucid board to “concentrate on Gravity production while improving its quality, and to temporarily hold back the Lucid Air, the sedan that has defined the company since its launch.”

Twork said:

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Shares rebounded after the response to the report, halving its losses as the trading day neared 3 p.m. Eastern.

Lucid has struggled to get its sales off the ground and into more respectable numbers, but the company is in its early years, when things are hard to begin with. It is also backed by several notable investors, including the Saudi Public Investment Fund (PIF), which has nearly limitless money and likely would not ditch an investment of this size so soon.

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Lucid shares were down just 14 percent at the time of publication, a far cry from the 55 percent its losses topped out at during the day.

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Tesla owner attempts resale of Model S Signature Edition for over $260k

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Credit: Tesla

A Tesla owner who purchased a Model S Signature Edition, one of the final 250 units of the all-electric flagship vehicle that the company discontinued earlier this year, is attempting to sell the car despite a no-resale clause that prohibits reselling for the first year.

The car is being sold by J&S Autohaus in Ewing, New Jersey, and is priced at $260,490, well above the $159,420 that Tesla sold it for earlier this year.

To those who do not know, the Model S Signature was a highly exclusive, limited-run farewell variant of the Model S Plaid that was produced this year to mark the end of production of both the Model S and Model X, Tesla’s two flagship vehicles.

Limited to just 250 units with invite-only sales, it serves as a collector’s item celebrating the legacy of the Model S, which helped pioneer Tesla’s electric vehicle success since its 2012 launch.

It bundles top-tier performance with bespoke cosmetic and luxury upgrades, plus Tesla’s Luxe Package. Here’s what the Model S Signature has over the typical Model S Plaid:

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  • Exclusive Exterior – Unique Garnet Red Paint, matching door handles, gold Tesla “T” badges upfront, gold Plaid and Signature badging at the rear.
  • Premium Interior – White Alcantara upholstery with gold piping/accents, gold Plaid seat badges, Signature-marked door sills, individually numbered dashboard plaque, gold puddle lights, special interior lighting sequence, and a custom Signature key fob.
  • Performance Upgrades – Carbon-ceramic brakes with gold calipers
  • Bundled Luxe Package – Full Self-Driving (Supervised), four years of Premium Connectivity, free lifetime Supercharging
  • Performance Metrics – ~1,020 horsepower, sub-2-second 0-60 MPH, ~390-mile range

Tesla quickly introduced a No Resale Agreement for the Signature Editions of the Model S and Model X, which would penalize the seller for “the amount of $50,000 or the value received as consideration for the sale or transfer, whichever is greater.”

The company continues:

“If you sell or otherwise transfer the ownership of your Model S or Model X, the remainder of the Recommended Maintenance, Wheel and Tire Protection Plan, and Windshield Protection Plan will transfer automatically to the buyer. The Full Self-Driving (Supervised), Free Supercharging and Premium Connectivity will not transfer with the vehicle and will terminate once the ownership of the Model S or Model X is transferred.”

Tesla will likely come after the seller, especially as it has been about two months since Tesla launched deliveries.

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Tesla Full Self-Driving v14.3.5 Early Impressions: new features and early performance

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Credit: TESLARATI

Tesla rolled out Full Self-Driving (Supervised) v14.3.5 yesterday, and about fifty miles of driving on the new version has given me enough time to highlight what seems to be strong about the release and what is not.

Additionally, Tesla has added a few new features with this specific update, which we’ll highlight as well.

Tesla Full Self-Driving v14.3.5 Performance

The new update is business as usual. Things seem to be running completely normal and necessary, but there are a few things that we’ve seemed to pick up on based on our own experience with v14.3.5, as well as what other users are seeing.

Initially, it seems to be more aware of its surroundings, making moves that are incredibly courteous to other drives and operating just a tad more reserved than what the suite might have done previously.

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We had two instances where it showed this, the first being FSD needing to pass a Flagger Force vehicle that was placing down signage for the day. Their work truck was right at the front corner of a right-hand turn; typically where most cars travel when they take that turn.

FSD v14.3.5 recognized this, slowed down, and took the turn wide with no issues:

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Additionally, v14.3.5 backed up for a semi truck that was making a wide turn onto a road my car was on. This is not new, but it seemed to be backing up for courtesy; it didn’t seem completely necessary, but it might have put some peace of mind in the truck driver’s head:

X user Mike P, also a Pennsylvania native like myself, shared three clips of his Tesla running v14.3.5 performing similar maneuvers. He said:

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“FSD turns right into a small alley that only fits one car at a time, sees oncoming car, reverses out of alley to make space, realizes oncoming car is actually parking, re-enters alley.”

Check it out here:

It seems like Speed Profiles are still in need of some tweaking; I am adjusting what Speed Profile I’m in frequently, constantly changing it to get it to travel at the correct speed. This was an issue for me on v14.3.4. It seems like they’re just a little inconsistent.

Terrible Parking

Parking attempts on v14.3.5 were not good. There are quite a few people who have said this:

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David Moss, the Tesla owner who has taken multiple coast-to-coast drives without any interventions, also has had some issues with parking early on with v14.3.5:

New Features

Tesla has added the ability to open Camera Preview at any time. Previously, it was only available in Park. Here’s what that feature looks like in action:

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Check back later this week for a longer review of what we’ve noticed on Full Self-Driving v14.3.5.

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