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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?"

27 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 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.
    3. 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?
    4. 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.

    5. 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.

  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. 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.

  4. 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.

  5. 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
  6. 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?
  7. 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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  8. 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."
  9. 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?

  10. 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*)
  11. 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...).

  12. 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.

  13. 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
  14. 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!

  15. Re:the electric vehicle by yurtinus · · Score: 5, Insightful

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

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    +1 Disagree
  16. 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.
  17. 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

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