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Tesla Motors Announces Prices For Their Upcoming Models

Shivetya writes with a list of prices for upcoming models from Tesla, noting that "they aren't cheap and the prices are listed assuming the $7500 tax credit. A 160-mile range S will set you back $49,900, the 230-mile is at $59,000, and the 300-mile range S will cost $69,000. Battery sizes are 40, 60, and 85kwh respectively. For your money these cars also include a very large seventeen-inch touchscreen. Is this the electric car you've been waiting for or another rich person's toy?"

42 of 503 comments (clear)

  1. Both by bonch · · Score: 5, Insightful

    Is this the electric car you've been waiting for or another rich person's toy?

    Can't it be both? Because right now it's both.

    1. Re:Both by GameboyRMH · · Score: 4, Insightful

      Yeah anything over $40k is well into the "rich guy toy" range, good deal or not.

      --
      "When information is power, privacy is freedom" - Jah-Wren Ryel
    2. Re:Both by lgw · · Score: 3, Interesting

      It's both. I just spent a similar amount on a lowbrid, but I have to say this is the first electric car done right. Plus it looks incredible on the road (my daily commute takes me from one Tesla plant to the other, and just occasionally you'll see a streetable prototype on that route). On looks alone I should have held out for one.

      --
      Socialism: a lie told by totalitarians and believed by fools.
    3. Re:Both by Nethemas+the+Great · · Score: 5, Insightful

      Yes and no. Obviously "rich guy" is a relative term but there are plenty of people who plunk down $40K on full-size pickup trucks and SUVs that are firmly seated in the middle of the middle-class. Is it a wise choice given alternatives? Debatable. But the $50K base model is definitely not a "rich guy toy" just a white-collar guy toy.

      I'm a software engineer and not what most people in the Western world would call rich, just "comfortable" in my income. I'm actually giving the car serious consideration for purchase in a few years after the lease expires on the next car I'm getting in a month or two. By then hopefully the bugs will be more or less ironed out and production ramped up so there isn't a year long waiting list like their Roadster--a car for which few people would argue against is a rich-guy toy.

      --
      Two of my imaginary friends reproduced once ... with negative results.
    4. Re:Both by Dishevel · · Score: 4, Interesting

      First off the cheapest one is $49,900 and that is after a $7500 tax break.
      That is a $57,400 car that the tax payers have to pay $7,500 on every time one is sold.
      Fuck I hate paying for someones toy.

      --
      Why is it so hard to only have politicians for a few years, then have them go away?
    5. Re:Both by Guspaz · · Score: 5, Interesting

      It's $49.9k *after* the tax credits, so it's not actually $40k. Let's call it $50k to be safer.

      The thing is, the Roadster cost $109k, so this is already a huge price drop compared to that. That's been Tesla's strategy all along. The new tech will initially be expensive, so sell it as a premium product and use the revenues from that to develop the tech farther, driving down the cost. They've said that this is a three-phase process, and the model S is the second phase. Even the difference between $109k and $50k is a big one, and it brings the pricing into the affordable range for a much larger number of people, particularly if leasing is considered.

      Comparing it to other similar cars, it's not a bad deal either. The Nissan Leaf sells for ~$35k, with a 24 kWh battery. The basic model S sells for ~$50k, with a 40 kWh battery, and is a higher-end vehicle. The range is substantially improved, and there's the (very expensive) option for larger batteries that get it within shouting distance of the range of a gasoline vehicle.

      Anyhow, the point was that the model S opens up a much larger market to Tesla, which will give them the revenue and scale to work on the third phase of their plan, an electric car that is cheap enough that it can be afforded by the average person. The Roadster was $109k, the Model S was $50k, and they're planning for their third phase, codenamed BlueStar, to sell for $30k. That's not going to compete with a Toyota Yaris/Vitz, but it could compete favourably with a Camry or Avalon, perhaps. They were originally talking about getting the BlueStar out in 2013-2014, but they're now talking about being able to do it in 2015-2016. I'd imagine that battery pricing/technology is the primary limiting factor at this point.

    6. Re:Both by Guspaz · · Score: 4, Insightful

      45 minutes gets you 80% of capacity. If I wanted to drive from Montreal to Toronto (545KM) with the high-capacity model S (480KM range), you're looking at one single 45 minute refueling stop halfway. So yeah, the trip that takes 6h13m in a gas car now takes 6h58m in the electric car, but that's not a huge difference. And, to be honest, most people stop halfway for lunch when driving to Toronto anyhow, so if you can charge midway while eating, you're potentially not using up any extra time at all.

      All this presupposes that there's a recharging station halfway between Montreal and Toronto, although since they're the two largest cities in the country and it's one of the most heavily traveled routes in the country, it's not an unreasonable thing to expect we'll see some recharging stations along that route eventually.

    7. Re:Both by polar+red · · Score: 3, Insightful

      No, they don't.
      http://www.evdl.org/docs/powerplant.pdf

      EVs recharging from coal-fired plants will reduce CO2 emissions in this country from 17 to 22 percent

      basically : burning gas in a normal car is hideously inefficient.

      --
      Yes, I'm left. You have a problem with that?
  2. Not this one by drinkypoo · · Score: 4, Interesting

    They've claimed all along (or close to it anyway) that the plan was to sell the rest of us a car on the third iteration.

    The one I'm really interested in is the cheaper sports car, which could be the fourth or fifth model. More range, less performance, enough room for groceries but not for golf clubs.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  3. Re:No by GameboyRMH · · Score: 3, Funny

    Good username/post combo.

    --
    "When information is power, privacy is freedom" - Jah-Wren Ryel
  4. Re:CNG is the Future by spiffmastercow · · Score: 3, Interesting

    Until they figure out solar, natural gas is the next big thing. Easy to retrofit, no batteries. Cheap (at least in the US).

    Yeah, if you completely forget about supply and demand. How cheap do you think that natural gas is going to be once it's a common fuel for cars? Hint: look at the price and prevalence of diesel from 1980 to now.

  5. But as with all technology by goldcd · · Score: 5, Insightful

    We need the rich guys to buy it first, so the rest of us can pick them up when they get mass market - if there is a mass market (which personally I think there is)
    The first "motorized carriages" were quite definitely impractical toys for the rich. See also the first airplanes and pretty much "the first anythings"

    1. Re:But as with all technology by GameboyRMH · · Score: 4, Informative

      Not only rich people, *most* people. The average American drives 40 miles per day.

      --
      "When information is power, privacy is freedom" - Jah-Wren Ryel
    2. Re:But as with all technology by sheehaje · · Score: 4, Funny

      My first tuna sandwich was half eaten by a rich guy.

    3. Re:But as with all technology by trum4n · · Score: 5, Interesting

      The main problem i have is that electric cars are old tech. They shouldn't be niche items anymore. Hell, i got so sick of waiting, i built my own. For under $3,000.

    4. Re:But as with all technology by rjstanford · · Score: 4, Insightful

      The problem with that statement is that it is an average. Probably close to zero Americans actually drive 40 miles per day. The point is this: Only rich people can afford a $60,000 car that is worthless other than for everyday commuting along with a second vehicle for longer trips where stopping for several hours after every 2 hours of driving is impractical. The average American may drive 40 miles per day, but the average American probably does make a one-way driving trip of over 160 miles at least a couple times a year (twice per major traveling holiday).

      The average American, in your case, can rent a car twice a year. In fact, they frequently do so after getting in an airplane and travelling many miles. Plenty of people never drive their personal car over 250 miles (the larger range offered) in a single day ... ever.

      --
      You're special forces then? That's great! I just love your olympics!
    5. Re:But as with all technology by trum4n · · Score: 5, Informative

      diyelectriccar.com is the main source for me. I used off the shelf contactor and controller. Used forklift motor set me back 100$ shipped on ebay. 00 wire is about as small as you should consider in my book. After using the forum to determine how easy it was, i didn't even read the manuals that came with the parts. It's harder to hook up a surround sound system(more wires). These wires are just bigger. Oh, and mounting the motor to the transmission is only as hard as you make it. I welded a pulley to a piece of the original clutch.(google electriclemon for more info on this part.) https://www.facebook.com/media/set/?set=a.109683400126.117327.665000126&type=1&l=0a028722c1 i have photos up there.

    6. Re:But as with all technology by green1 · · Score: 3, Insightful

      Ford was also by no means the first car. There were many rich people running around in their horseless cariages long before Ford got in to the game, and without them, it's hard to say if Ford would have been able to do what he did.

  6. rich person's toy by buddyglass · · Score: 5, Interesting

    It accelerates faster than a Porsche 911 and has other luxury features. Ergo it's a rich person's toy. That said, given the performance, the prices seem competitive, even ignoring fuel costs. From a cursory glance at the Porsche website, a new 911 costs around $80k in the U.S. with an estimated range of ~300 miles. Had to use fuel economy estimates for previous years since 2011 is an entirely new platform and the corporate site doesn't publish fuel economy numbers. My issue with the all-electrics is battery replacement. Figure you're plunking down at least $10k at the end of that 8 year warranty to replace your battery.

    1. Re:rich person's toy by Fned · · Score: 3, Interesting

      Figure you're plunking down at least $10k at the end of that 8 year warranty to replace your battery.

      Compare that, though, to all the maintenance you won't need to do on the car during that 8 years.

  7. Re:No by GameboyRMH · · Score: 4, Insightful

    Battery swapping is going to seem like a laughably silly idea 10 years from now. I think it's silly right now myself.

    EV makers should stop trying to appease the "range anxiety" crowd, they can't be appeased. Have battery swap stations at every corner and cars with a 500 mile range and they'll be "anxious" about getting a dud battery and breaking down in the desert they drive through every morning.

    I mean the high-end model goes 300 miles. There are only two reasons to have a problem with that range: You actually drive further than that regularly, in which case you have no business driving an electric car right now anyways, or you've got some kind of "range survivalist syndrome" where you're always worried about "what if I run out of juice and then ZOMBIES ATTACK!?"

    --
    "When information is power, privacy is freedom" - Jah-Wren Ryel
  8. Re:Tesla by Overzeetop · · Score: 4, Insightful

    I'll give you a call as soon as I have a day when I actually need the towing capacity of diesel truck on a daily basis.

    (ever wonder if maybe you weren't the target market?)

    --
    Is it just my observation, or are there way too many stupid people in the world?
  9. the electric vehicle by nimbius · · Score: 3, Insightful

    i was waiting for picked me up this morning, didnt need to find parking, and costs less than a cup of coffee. the only people still masturbating furiously over Tesla motors and electric cars in general are people who dont understand that the automobile as a means of personal conveyance is unsustainable no matter what you fuel you choose. If you dont believe me, try getting from long beach to downtown LA at 7:30 am.

    --
    Good people go to bed earlier.
    1. Re:the electric vehicle by yurtinus · · Score: 5, Insightful

      Maybe it's not the automobile, but Los Angeles that is unsustainable...

      --
      +1 Disagree
    2. Re:the electric vehicle by elrous0 · · Score: 3, Funny

      the automobile as a means of personal conveyance is unsustainable

      That's why I'm putting all my money into unicycles. My wife, parents, and the doctors at the center all tell me this is crazy. But, mark my words, THEY'LL SEE!

      --
      SJW: Someone who has run out of real oppression, and has to fake it.
  10. Re:How large is a normal 17-inch touchscreen? by mr1911 · · Score: 4, Funny

    How large is a normal 17-inch touchscreen?

    About 17 inches.

    The "very large seventeen-inch touchscreen" referenced in the summary is a metric touchscreen. Typical noob mistake.

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    Any offense taken to this post is at your sole discretion.
  11. Tesla S is revolutionary by rcotran · · Score: 3, Insightful

    As far as I'm concerned, the Tesla S is a revolutionary vehicle that will set the bar for future electric vehicles. And I agree with Elon Musk that all future cars will be electrically powered. Tesla is proving that electric vehicles can 1) be practical, 2) have extended range, 3) not be exorbitantly expensive, 4) be friggin' sexy!! This is only their second car and they are already hitting a home run. Imagine what the fourth and fifth generation of vehicles will be able to do... I'm surprised more /.ers aren't impressed with this car... it's a geek's dream!

  12. Re:No by Crudely_Indecent · · Score: 3, Interesting

    I wonder when electric vehicles will use standardized batteries which can be replaced quickly.

    When that happens, it might be possible to pull into a "Battery Exchange" station where your dead/low batteries can be quickly pulled and replaced with freshly conditioned and charged batteries in under two minutes. Your dead/low batteries then go onto the conditioner/charger to be used by the next shmo who pulls in.

    Along the same line as propane tank exchanges. You buy the tank once, then keep trading it in for full tanks - only paying for the propane and the exchange fee.

    Until battery electric vehicles become popular, stations like this won't be ubiquitous in the same way gas stations are.

    --


    "Lame" - Galaxar
  13. Bait and switch pricing .. lol by OzPeter · · Score: 3, Informative

    The prices are NOT $49,900, $59,000 and $69,000. That is the price after you redeem your government coupon (Plug-In Electric Vehicle Credit (IRC 30 and IRC 30D)). You will still have to front the full price and then wait until your next tax filing in order to claim your maximum tax credit of $7500. The credit itself will be phased out after 200,000 qualifying vehicles have been sold.

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    1. Re:Bait and switch pricing .. lol by Anonymous Coward · · Score: 5, Informative

      That's not bait-and-switch, you moron. They say quite plainly that these are post-rebate prices.

  14. Re:No by Loki_1929 · · Score: 4, Informative

    From memory (which is based on older info and might not be 100%):

    1. There is an option for a 5-minute battery swap-out at properly equipped service stations and there's a quick charge option where proper charging equipment can bring the battery from 0% to 80% in 45 minutes. You would likely be more interested in the 5 minute swap in terms of a gas station replacement for long trips, but the vast majority of refills would be resolved with nightly charging, giving the advantage to this car as you can't fill your gasoline vehicle with fuel every night at home - you have to make a special stop once or twice a week and pay out a bunch of money. How often does anyone take a >160/300 mile trip? If it's all the time for you, this isn't the car for you until there are enough service stations doing the 5-minute swap to make it convenient. If you're like the 99% of people in the US and Europe who drive far less than that 99% of the time, this works just fine.

    2. Expected lifespan (defined as >80% of brand-new capacity) is 8 - 10 years.

    3. The batteries cost $10,000 to replace today. Their cost in 8 - 10 years is extremely difficult to anticipate, but assuming that the materials involved aren't massively more expensive, the technology will certainly be significantly cheaper and should push those prices down.

    --
    -- "Government is the great fiction through which everybody endeavors to live at the expense of everybody else."
  15. Re:No by CastrTroy · · Score: 3, Insightful
    It's not the same as a gasoline engine. Also, everyone also mentions battery replacement costs, but doesn't think about how much maintenance could be saved over a standard internal combustion engine. No oil changes, no exhaust system problems, possibly increased brake life because stopping energy can be recycled into electricity (not sure if Tesla cars implement this, but future electric cars will). There's a whole bunch of regular maintenance that just disappears once you move to full electric cars. Also, they are much simpler machines, so many less things to break. Do they even have a transmission? I'm not sure how current it is but the wikipedia article states

    There is minimal maintenance required of an electric vehicle. Because there is no internal combustion engine, there are no routine oil changes. Transmission, brake, and cooling system fluid changes will be required roughly every five to seven years or as needed. Tesla is the only automaker to offer "house calls" in which mobile service technicians perform routine software upgrades or annual inspections

    Sounds like a pretty good deal to me. The cost of replacing the batteries (no doubt with much better batteries) a few years down the road could easily be offset by much cheaper ongoing operating costs.

    --

    Anthropic principle: We see the universe the way it is because if it were different we would not be here to see it.
  16. Re:No by RugRat · · Score: 5, Informative

    Perhaps the most important question is what is the all-in cost per mile of operation and how many miles to I need to operate it annually for it to make financial sense. For a SWAG: Assume $0.10/kWh, 3 miles/kWh, or $0.033/mile for electricity, vs. 25 MPG, $3.50/gallon, $0.14/mile for gasoline. Effective difference of $0.10/mile. At a US average annual distance of 12,000 miles, the fuel cost difference is $1,200. Electric vehicle advocates also suggest that you save another $200/yr on oil changes, oil filters, etc.. If you assume an average ownership period of 10 years, that's a $14,000 savings in OpEx. Of course, currently the car is more expensive, you're limited (slightly) in range, and there are (currently) limited number of places where you can fast-charge (15-20 minutes full charge).

    Since when do Slashdot readers bet against technology?

  17. and at the other end of the spectrum: Ural Model T by xeno · · Score: 4, Interesting

    I can't help but think that the folks over at Ural motorcycles/IMZ America have a better sense of the market right now. They've just introduced a new "Model T" at the low end of their range, bringing the basic Ural 2-wheel drive sidecar motorcycle to the US for under $10k. Irbit Motorworks (IMZ) is Russian, the design is sourced from midcentury BMW, and the last decade+ of updates (e.g. new cylinders/heads with modern compression, better mpg/reliability, etc) have been pushed by enthusiasts in the US and EU. It intersect with the Tesla in the "sheer fun to drive" category, and my guess is that with an economy just holding on, there's gonna be a lot more of these on the road.

    In another post I muttered about T-Mo staying on as the value carrier in the US: "T-Mo isn't making money hand over fist, but they're doing _ok_, and that's good. In these times, in this economy, I want to give my money to an org that's doing _ok_: neither going out of business, nor robbing me. You hear that, T-Mo? "Ok" and "staying in business without f__king your customers" is the new black. So keep on keeping on."

    Same goes for Ural/IMZ versus Tesla. I have a sneaking suspicion that the Tesla business model is too "lean on the rich to get thru hard times" which all too often degenerates to "ran outta high-end customers, so try to screw the next class for as much as we need to stay afloat..." You wanna impress me Tesla? Go buy the tooling for the Corbin Merlin or Sparrow and start turning out fun electric 1-seaters for $15k -- price-competitive with the Fiat 500, Smartcar, and Scion iQ.

    --
    I think not...(*poof*)
  18. Re:I can't wait by CaptainLard · · Score: 5, Insightful

    I'd much rather my tax dollars went to electric vehicle manufacturers trying to get off the ground and make waves in the system than to companies that have been recording record profits the past few years in a row (looking at you Exxon...).

  19. Re:No by GameboyRMH · · Score: 4, Interesting

    It's not a life-threatening problem unless you live in the remote hills of North Dakota or something. 300 miles is like a 30MPG car with a 10-gallon tank. For the person who suddenly needed to exceed their car's capabilities and can't wait for a half-hour quick charge at the nearest station, there's always the option of calling a tow truck. Not the end of the world.

    --
    "When information is power, privacy is freedom" - Jah-Wren Ryel
  20. Re:CNG is the Future by Anonymous Coward · · Score: 5, Informative

    As the owner of an electric Nissan LEAF, a hybrid Toyota Prius, and a CNG Honda Civic GX I can tell you the car I'm getting rid of right now. Hint: it's the one with the limited range, limited fueling infrastructure, fuel storage method expiration date of 15 years or less, no trunk space, and limited amenities.

    If you guess the LEAF or Prius you'd be wrong. We've enjoyed our Civic GX, and it's proven to be a reliable car, but cost and convenience wise it can't hold a candle to the LEAF now that we've taken delivery and been driving the car for 6 months.

    Plugging in the LEAF is significantly more convenient than driving to the nearest CNG station (6 miles away) and hoping their pump is operating. If it's not then it's a 12 mile drive to the next CNG station which usually has a queue of buses, garbage trucks, or taxis lined up meaning a 30 minute wait. The CNG cylinder has a legally mandated expiration date of 15 years and would cost more than the value of the rest of the car to replace when that time is up. Maintenance for the car is very costly, requiring special CNG fuel line filters changed every other service (about $800 when we go to the Civic GX friendly dealer in the desert, closer to $1500 at the regular Honda dealer in town) as well as cylinder inspections and certifications, and all that doesn't even get you out of having to do a smog check in California.

    The LEAF by comparison plugs in anywhere from public quick-charge DC stations (20-30 minute charge) to home 240V and 120V connections. It also requires no regular maintenance beyond topping up windshield washer fluid and having the tires rotated. The energy cost is about half of what we pay at the CNG station, and a quarter of what we pay to fuel the Prius. The trunk is huge and the back seats fold down for even more room. The car is fast, quiet, and comfortable and makes the Prius feel quaint and old fashioned. The Civic GX feels like a horse drawn buggy by comparison - it's sluggish (the CNG version has about 30HP less than the petrol version of the Civic and it has a heavy CNG cylinder to lug around), has no trunk space, and has all the noise and shaking you get with ICE cars.

    But hey, if you're interested in a nice clean Civic GX with a little over 100,000 miles then ignore all that, I've got a car to sell you!

  21. Re:No by 0123456 · · Score: 3, Insightful

    I mean the high-end model goes 300 miles.

    Yeah, and? Our Honda Civic costs less than half as much, goes at least 50% further, and takes a fraction of the time to 'recharge'. We can just manage to drive to my girlfriend's parents house on one tank, whereas if we bought this 'luxury sedan' we'd have to stop for a few hours half-way to charge up... except there's nowhere to do so.

    Why would you want a 'luxury sedan' that can't make long journeys, or requires you to hang around waiting for hours on the few routes where you can?

  22. Re:No by CastrTroy · · Score: 4, Informative

    Yeah, but when you go driving in a snow storm, make sure you are prepared. I'm from Canada, so this is common sense to us. Whenever driving in the winter you should have a survival kit with you, complete with blankets, food, shovel, first aid kit, chemical heat packs, matches, emergency candles, etc.... Even if you don't run out of gas or electricity, what happens if you go off the road, or a belt on your car breaks?

    --

    Anthropic principle: We see the universe the way it is because if it were different we would not be here to see it.
  23. Re:No by SteveFoerster · · Score: 4, Funny

    Venn diagram of people who eat at Cracker Barrel and people who want to drive electric cars: O O

    --
    Space game using normal deck of cards: http://BattleCards.org
  24. Break even points by Firethorn · · Score: 3, Insightful

    I really need to find my EV spreadsheet, or rebuild it.

    $50k Tesla car vs $25k Chevy Impala(30 mpg). At $4/gallon, and assuming maintenance savings are offset by you actually having to pay for your electricity, it's 6.25k gallons to make up the difference, or 188k miles.

    If you assume you're NOT looking at the base model, and instead a $35k car as the 'equivalent, it's $15k/3,750 gallons/113k miles.

    Update: Spreadsheet partially done.
    Assumptions: $50k Model S vs $25kChevy Impala. 4 miles per kwh, 30 mpg, Insurance is a wash, an extra $320 of maintenance on the gas vehicle, 15k miles driven for each, $.10 electricity, $4 gasoline. 5% interest rate/cost of capital and a 10 year lifespan.

    Total Annual Cost: $7,850.23 for the Tesla, $6,557.61 of the Impala. Advantage Impala by $1,292.61

    Not quite right - that's for a highway driver using the cheapest available. Upping the cost to $31k for a nicer package, and figuring on a 100% city driver(18mpg), that flips it - the Impala's cost rises to $8,667.98, potentially saving you $817.75/year.

    Drive a LOT of city miles, like a taxi driver, if the vehicle has the endurance, use it. Otherwise you might as well plug in your own assumptions.

    --
    I don't read AC A human right
  25. Re:Rich is relative by stevelinton · · Score: 3, Insightful

    But battery swaps would work great for a taxi -- you're usually close to base and have competent drivers and even competent staff at the base.