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Tesla Model 3 test drives in Shenzhen paused after customer crashes first unit

(Photo: 新出行小编/Weibo)

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Tesla set out to remove the perception that electric cars are slow, boring vehicles which are no more special than glorified golf carts. The company accomplished their goal with the original Tesla Roadster, the Model S, Model X, and now, the Model 3. While Tesla’s electric cars are proven to be quick on their feet, there is one particular fact that usually gets overlooked — it takes a responsible and proficient driver to handle the power provided by the company’s vehicles.

This point was highlighted recently in Shenzen, China. Tesla is expected to begin deliveries of the Model 3 in the Asian country, and to help prepare reservation holders and potential customers for the sedan’s arrival; the electric car maker has started a test drive program for the vehicle. Just as planned by Elon Musk for the United States, the test drive units that were initially sent to China were Model 3 Performance, the top tier variant of the electric sedan that is known for being very quick, whether in straight-line acceleration or around a track. Unfortunately, one test driver in Shenzen, China proved to be unprepared for the power of the Model 3 Performance.  

As shared by Tesla owner-enthusiast JayinShanghai on Twitter, the Model 3 test driver ended up crashing the electric sedan. An image of the vehicle, as well as a short clip of the electric car after the accident, showed the extensive damage to the front of the car. While Tesla has not revealed the specifics of the incident, the damage incurred by the Model 3 Performance suggests that the vehicle might have crashed into a pole.

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Due to the crash, Model 3 test drives in Shenzen were promptly stopped, at least until another test unit could be shipped to the area. Fortunately, the wait for another Model 3 test drive car was short. As shared by  Tesla enthusiast Kelvin Yang on Twitter, reports have emerged stating that another Model 3 Performance has been shipped to Shenzen as a replacement for the crashed test drive unit. Unlike the red sedan that was damaged from the incident, Shenzen’s new Model 3 Performance test drive car is painted black and equipped with 19″ Power Sports Wheels.

Seemingly without missing a beat, Tesla has reportedly started taking appointments for test drives in the new vehicle. In a later update, Yang noted that the new Model 3 test drive car is already fully booked, with interested customers being required to wait an average of more than two hours for their turn.

Tesla’s rapid response to its damaged Model 3 test drive unit in Shenzen is impressive. Considering that deliveries in the country are yet to begin, the company showed a considerable amount of proficiency with its logistics by shipping another test drive unit to the city immediately following the first vehicle’s crash. This, if any, bodes well for the upcoming Model 3 deliveries in the region.

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Unlike the Tesla Model S P100D and the Model X P100D, the Model 3 Performance is not equipped with a dedicated feature that optimizes it for straight-line acceleration. Instead, the Model 3’s top variant utilizes the raw power of its dual electric motors, which produce a combined 450 hp and 471 lb-ft of torque. The Model 3 Performance lives up to its moniker, with its 0-60 mph time of 3.3 seconds, its top speed of 155 mph, and its range of 310 miles per charge. The car is also equipped with a Track Mode feature, which optimizes the vehicle for intensive driving around a racetrack.

Watch the aftermath of Shenzen’s Model 3 Performance test drive unit’s crash in the video below.

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Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Elon Musk: Self-sustaining city on Mars is plausible in 25-30 years

Musk noted that true self-sufficiency requires Mars to develop “all the ingredients of civilization.”

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Credit: Elon Musk/X

Elon Musk has stated that a self-sustaining human settlement on Mars could be established in 25-30 years, provided launch capacity increases dramatically in the coming decades. 

Speaking at the All-In Summit, the SpaceX CEO said building a self-sufficient colony depends on exponential growth in “tonnage to Mars” with each launch window, highlighting Starship’s role as the company’s pathway to interplanetary initiatives.

Mars settlement goals

Musk noted that true self-sufficiency requires Mars to develop “all the ingredients of civilization,” from food production to microchip manufacturing. Starship Version 3 is expected to support the first uncrewed Mars test flights, while future iterations could reach 466 feet in height and deliver larger payloads critical for settlement. Ultimately, Musk stated that an aggressive timeline for a city on Mars could be as short as 30 years, as noted in a Space.com report.

“I think it can be done in 30 years, provided there’s an exponential increase in the tonnage to Mars with each successive Mars transfer window, which is every two years. Every two years, the planets align and you can transfer to Mars. 

“I think in roughly 15, but maybe as few as 10, but 10-15-ish Mars transfer windows. If you’re seeing exponential increases in the tonnage to Mars with each Mars transfer window, then it should be possible to make Mars self-sustaining in about call it roughly 25 years,” Musk said. 

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Starship’s role

Starship has flown in a fully stacked configuration ten times, most recently in August when it completed its first payload deployment in orbit. The next flight will close out the Version 2 program before transitioning to Starship Version 3, featuring Raptor 3 engines and a redesigned structure capable of lifting over 100 tons to orbit.

While SpaceX has demonstrated Super Heavy booster reuse, Ship reusability remains in development. Musk noted that the heat shield is still the biggest technical hurdle, as no orbital vehicle has yet achieved rapid, full reuse.

“For full reusability of the Ship, there’s still a lot of work that remains on the heat shield. No one’s ever made a fully reusable orbital heat shield. The shuttle heat shield had to go through nine months of repair after every flight,” he said. 

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Tesla Model Y may gain an extra 90 miles of range with Panasonic’s next-gen battery

The Japanese company is pursuing an anode-free design.

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Credit: Tesla Manufacturing

Panasonic is developing a new high-capacity EV battery that could potentially extend the range of a Tesla Model Y by 90 miles. 

The Japanese company, one of Tesla’s key battery suppliers, is pursuing an anode-free design that it says could deliver a “world-leading” level of capacity by the end of 2027.

Panasonic’s anode-free design

The technology Panasonic is pursuing would eliminate the anode during the manufacturing process, as noted in a Reuters report. By freeing up space for more active cathode materials such as nickel, cobalt, and aluminum, the Japanese company expects a 25% increase in capacity without expanding battery size. 

That could allow Tesla’s Model Y to gain an estimated 145 kilometers (90 miles) of additional range if equipped with a battery that matches its current pack’s size. At the same time, Panasonic could use smaller, lighter batteries to achieve the Model Y’s current range. 

Panasonic also aims to reduce reliance on nickel, which remains one of the more costly raw materials. A senior executive previewed the initiative to reporters ahead of a scheduled presentation by Panasonic Energy’s technology chief, Shoichiro Watanabe.

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Tesla implications

The breakthrough, if achieved, could strengthen Panasonic’s position as Tesla’s longest-standing battery partner at a time when the automaker is preparing to enter an era of extreme scale driven by high-volume products like the Cybercab and Optimus.

Elon Musk has stated that products like Optimus would be manufactured at very high scale, so it would likely be an all-hands-on-deck situation for the company’s suppliers.

Panasonic did not share details on production costs or how quickly the new batteries might scale for commercial applications. That being said, the Japanese supplier has long been a partner of Tesla, so it makes sense for the company to also push for the next generation of battery innovation while the EV maker pursues even more lofty ambitions.

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Tesla called ‘biggest meme stock we’ve ever seen’ by Yale associate dean

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Credit: Tesla

Tesla (NASDAQ: TSLA) is being called “the biggest meme stock we’ve ever seen” by Yale School of Management Senior Associate Dean Jeff Sonnenfeld, who made the comments in a recent interview with CNBC.

Sonnenfeld’s comments echo those of many of the company’s skeptics, who argue that its price-to-earnings ratio is far too high when compared to other companies also in the tech industry. Tesla is often compared to companies like Apple, Nvidia, and Microsoft when these types of discussions come up.

Fundamentally, yes, Tesla does trade at a P/E level that is significantly above that of any comparable company.

However, it is worth mentioning that Tesla is not traded like a typical company, either.

Here’s what Sonnenfeld said regarding Tesla:

“This is the biggest meme stock we’ve ever seen. Even at its peak, Amazon was nowhere near this level. The PE on this, well above 200, is just crazy. When you’ve got stocks like Nvidia, the price-earnings ratio is around 25 or 30, and Apple is maybe 35 or 36, Microsoft around the same. I mean, this is way out of line to be at a 220 PE. It’s crazy, and they’ve, I think, put a little too much emphasis on the magic wand of Musk.”

Many analysts have admitted in the past that they believe Tesla is an untraditional stock in the sense that many analysts trade it based on narrative and not fundamentals. Ryan Brinkman of J.P. Morgan once said:

“Tesla shares continue to strike us as having become completely divorced from the fundamentals.”

Dan Nathan, another notorious skeptic of Tesla shares, recently turned bullish on the stock because of “technicals and sentiment.” He said just last week:

“I think from a trading perspective, it looks very interesting.”

Nathan said Tesla shares show signs of strength moving forward, including holding its 200-day moving average and holding against current resistance levels.

Sonnenfeld’s synopsis of Tesla shares points out that there might be “a little too much emphasis on the magic wand of Musk.”

Elon Musk just bought $1 billion in Tesla stock, his biggest purchase ever

This could refer to different things: perhaps his recent $1 billion stock buy, which sent the stock skyrocketing, or the fact that many Tesla investors are fans and owners who do not buy and sell on numbers, but rather on news that Musk might report himself.

Tesla is trading around $423.76 at the time of publication, as of 3:25 p.m. on the East Coast.

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