Connect with us

News

Tesla Model S ranked as luxury car with highest resale value in Germany

Published

on

The Tesla Model S has outranked a number of Germany’s best luxury sedans in terms of resale value, according to the Schwacke list, which analyzes and ranks the approximate residual value of used motor vehicles in the German market. Following the Model S is the Porsche Panamera, and third on the list is the Audi A8.

Schwacke experts listed a three-year-old Tesla Model S with a mileage of 60,000 km (37,000 miles) with an impressive 60% residual value. In comparison, a Porsche Panamera was listed with a residual value of 57.4% after three years, and an Audi A8 was listed with a 54.1% residual value after a 36-month period. The Mercedes-Benz S-Class, one of the luxury market’s most iconic cars, was listed with a 51.9% residual value after three years.

The Model S’ ranking in Schwacke‘s list is a testament to the impresisve staying power of the large electric sedan, which has served as Tesla’s flagship for years. The Model S is Tesla’s first vehicle that was designed from the ground up, and it has mostly remained physically unchanged since 2012 when it entered production. The same could not be said of the Model S’ competitors in Schwacke‘s list.

Being some of the auto industry’s most noted premium electric vehicles, Teslas are known for their high resale values. The company’s vehicles share the same reputation in the United States, as shown by the results of Kelly Blue Book’s (KBB) 2019 Best Resale Value Award.

Last January, KBB listed the Tesla Model 3 at the top of the electric vehicle category in its 2019 listings, predicting a 69.3% resale value for the vehicle after 36 months and 48.7% after 60 months. Following the Model 3 is its stablemate, the Tesla Model X SUV, which was listed with a 56.7% resale value after 36 months and a 34.3% value after 60 months.

There are a number of reasons that can be attributed to the high resale values of Tesla’s electric cars. Among these include the uniqueness of the vehicles themselves, which is highlighted by their impressive performance, range, and safety. Other perks to the Tesla experience, such as the expansive and ever-growing Supercharger Network, as well as free over-the-air updates that add and improve features, also help the company’s vehicles retain their value over time.

Advertisement
-->

When KBB awarded the Model 3 with the top rank in its 2019 list, the company mentioned that the electric sedan is an ideal vehicle for customers who can afford it. This sentiment is currently being addressed by Tesla, as could be seen in the introduction of the Model 3’s two most affordable variants, the Standard and Standard+ trims. Reports from the Tesla community have indicated that deliveries of Standard+ Model 3 are already starting. Confirmed deliveries of Standard Model 3 are yet to emerge, suggesting that Tesla might have pushed back the deliveries of its most affordable vehicle during its end of Q1 push in favor of the Standard+ Model 3.

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.

Advertisement
Comments

News

Tesla gamifies Supercharging with new ‘Charging Passport’

It will also include things like badges for special charging spots, among other metrics that will show all of the different places people have traveled to plug in for range.

Published

on

Credit: MarcoRP | X

Tesla is gamifying its Supercharging experience by offering a new “Charging Passport,” hoping to add a new layer to the ownership experience.

While it is not part of the Holiday Update, it is rolling out around the same time and offers a handful of cool new features.

Tesla’s Charging Passport will be available within the smartphone app and will give a yearly summary of your charging experience, helping encapsulate your travel for that year.

It will also include things like badges for special charging spots, among other metrics that will show all of the different places people have traveled to plug in for range.

Tesla will include the following metrics within the new Charging Passport option within the Tesla app:

  • Charging badges: Iconic charging badges for visiting places like the Tesla Diner, Oasis Supercharger, etc., Explorer Badge, and more
  • Total Unique Superchargers Visited
  • Total Charging Sessions
  • Total Miles Added during Charging Sessions
  • Top Charging Day
  • Longest Trip
  • Favorite Charging Locations

This will give people a unique way to see their travels throughout the year, and although it is not necessarily something that is needed or adds any genuine value, it is something that many owners will like to look back on. After all, things like Spotify Wrapped and Apple Music Replay have been a great way for people to see what music they listened to throughout the year.

This is essentially Tesla’s version of that.

With a handful of unique Superchargers already active, Tesla is also building some new ones, like a UFO-inspired location in New Mexico, near Roswell.

Tesla is building a new UFO-inspired Supercharger in the heart of Alien country

Continue Reading

News

Tesla launches its coolest gift idea ever just a few weeks after it was announced

“Gift one month of Full Self-Driving (Supervised), which allows the vehicle to drive itself almost anywhere with minimal intervention.”

Published

on

Credit: Tesla

Tesla has launched its coolest gift idea ever, just a few weeks after it was announced.

Tesla is now giving owners the opportunity to gift Full Self-Driving for one month to friends or family through a new gifting program that was suggested to the company last month.

The program will enable people to send a fellow Tesla owner one month of the company’s semi-autonomous driving software, helping them to experience the Full Self-Driving suite and potentially help Tesla gain them as a subscriber of the program, or even an outright purchase.

Tesla has officially launched the program on its Shop. Sending one month of Full Self-Driving costs $112:

“Gift one month of Full Self-Driving (Supervised), which allows the vehicle to drive itself almost anywhere with minimal intervention. All sales are final. Can only be purchased and redeemed in the U.S. This gift card is valued at $112.00 and is intended to cover the price of one month of FSD (Supervised), including up to 13% sales tax. It is not guaranteed to cover the full monthly price if pricing or tax rates change. This gift card can be stored in Tesla Wallet and redeemed toward FSD (Supervised) or any other Tesla product or service that accepts gift card payments.”

Tesla has done a great job of expanding Full Self-Driving access over the past few years, especially by offering things like the Subscription program, free trials through referrals, and now this gift card program.

Gifting Full Self-Driving is another iteration of Tesla’s “butts in seats” strategy, which is its belief that it can flip consumers to its vehicles and products by simply letting people experience them.

There is also a reason behind pushing Full Self-Driving so hard, and it has to do with CEO Elon Musk’s compensation package. One tranche requires Musk to achieve a certain number of active paid Full Self-Driving subscriptions.

More people who try the suite are likely to pay for it over the long term.

Continue Reading

News

Tesla expands Robotaxi app access once again, this time on a global scale

Tesla said recently it plans to launch Robotaxi in Miami, Houston, Las Vegas, Phoenix, and Dallas.

Published

on

Credit: Grok

Tesla has expanded Robotaxi app access once again, but this time, it’s on a much broader scale as the company is offering the opportunity for those outside of North America to download the app.

Tesla Robotaxi is the company’s early-stage ride-hailing platform that is active in Texas, California, and Arizona, with more expansion within the United States planned for the near future.

Tesla said recently it plans to launch Robotaxi in Miami, Houston, Las Vegas, Phoenix, and Dallas.

The platform has massive potential, and Tesla is leaning on it to be a major contributor to even more disruption in the passenger transportation industry. So far, it has driven over 550,000 miles in total, with the vast majority of this coming from the Bay Area and Austin.

First Look at Tesla’s Robotaxi App: features, design, and more

However, Tesla is focusing primarily on rapid expansion, but most of this is reliant on the company’s ability to gain regulatory permission to operate the platform in various regions. The expansion plans go well outside of the U.S., as the company expanded the ability to download the app to more regions this past weekend.

So far, these are the areas it is available to download in:

  • Japan
  • Thailand
  • Hong Kong
  • South Korea
  • Australia
  • Taiwan
  • Macau
  • New Zealand
  • Mexico
  • U.S.
  • Canada

Right now, while Tesla is focusing primarily on expansion, it is also working on other goals that have to do with making it more widely available to customers who want to grab a ride from a driverless vehicle.

One of the biggest goals it has is to eliminate safety monitors from its vehicles, which it currently utilizes in Austin in the passenger’s seat and in the driver’s seat in the Bay Area.

A few weeks ago, Tesla started implementing a new in-cabin data-sharing system, which will help support teams assist riders without anyone in the front of the car.

Tesla takes a step towards removal of Robotaxi service’s safety drivers

As Robotaxi expands into more regions, Tesla stands to gain tremendously through the deployment of the Full Self-Driving suite for personal cars, as well as driverless Robotaxis for those who are just hailing rides.

Things have gone well for Tesla in the early stages of the Robotaxi program, but expansion will truly be the test of how things operate going forward. Navigating local traffic laws and gaining approval from a regulatory standpoint will be the biggest hurdle to jump.

Continue Reading