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Tesla Unveils Dual Motor and Performance Specs For Model 3

Rei writes: Yesterday evening, Elon Musk announced the pricing and specs for two of the Model 3's most in-demand options -- dual motor and performance versions. The base dual motor configuration adds an AC induction front motor to the current partial-PM reluctance rear motor for $5,000; in addition to AWD and allowing the car to drive with either motor out, this cuts the 0 to 60 mph acceleration time from 5.1 seconds to 4.5 seconds. The performance package is available as a bundle, including the long-range pack, premium interior, 20" wheels, carbon fiber spoiler, and a new black-and-white interior. The vehicle will cost $78,000; 0 to 60 mph times are further cut to 3.5 seconds and the top speed increases from 140 mph to 155 mph.

While these options have consistently polled as the most in-demand options not yet available, several still remain and are variously due late this year/early next year: cream interior, non-PUP, tow hitch, SR battery, and air suspension. EU-spec and China-spec are also due early next year. Production is currently over 3,500 per week, rumored to be 4,300 per week, and will be undergoing a shutdown from May 26-31 to raise production to the Q2 target of 5000-6000.

11 of 272 comments (clear)

  1. Re:Too much money by Rei · · Score: 5, Interesting

    It's not just the Germans who do that. Go configure a Ford F-150 and see how much the price spikes when you check all the option boxes.

    The one thing that really sets Tesla apart is their heavy use of bundling. When you break down the performance vehicle cost - subtracting the cost of the known options, and making reasonable guesses for the new ones - it only works out to roughly a ~$15k premium. But of course they bundle it together with everything but the kitchen sink (more accurately, everything but autopilot). Kind of annoying, but of course it's a big encouragement for people to spend more on options. Which of course they'll justify to themselves later ;)

    I don't think $5k for the dual motor is expensive at all, given that in addition to giving you all wheel drive and a spare motor it drops the 0-60 by 0,6 seconds. You know how much you usually have to pay in an ICE vehicle to drop its 0-60 by 0,6 seconds? Doesn't come cheap. We had a poll on the Model 3 forum recently, and the average expectation was that this option would come in at around $4,5k. So pretty much spot on.

    The real question is why the performance version and the basic dual motor version are coming in at the same range. Performance will be heavier, and more importantly, is swapping out the aero wheels with efficient tires for 20" sports wheels with sports tires. Should be a significant range hit by comparison. But of course since Tesla deliberately sandbagged the EPA range numbers from 318 to 310mi, they have some room to play around with the figures. E.g. maybe performance goes down to an EPA 310 while the basic dual goes up to ~330 or so, and they just call them both 310. I guess we'll know for sure once deliveries happen and people start doing tests.

    --
    Give a boy a gun and you arm him for a day. Teach him how to make a gun, and the whole metaphor breaks down.
  2. Re:Huh. by Rei · · Score: 4, Interesting

    All of Tesla's models are currently backordered, so any drop on S75D wouldn't be that meaningful. And S model production is interchangeable; their real limit is that the number of cells that Panasonic can provide is only enough for about 100k S+X vehicles per year, and they adjust their pricing and introduce new options on these vehicle lines at rate to maintain this (they could expand 18650 production, but neither Tesla nor Panasonic have interest in this, since they see the 2170s as the future). I do think you're right that demand for S75D will drop, and I can envision Tesla discontinuing it while sweetening up the 100s. Of course, that will only decrease the number of S+X vehicles that they can make per year, since more cells are needed for the 100 packs.

    I feel pretty confident that they're eventually going to refresh S and X atop the Model Y platform. Since Y's platform is basically a stretched, upgraded 3, and a stretched pack means not only more capacity, but more power.

    --
    Give a boy a gun and you arm him for a day. Teach him how to make a gun, and the whole metaphor breaks down.
  3. Re:Performance by Rei · · Score: 4, Interesting

    I would love ironic, mismatched sound packages for the car (affecting both driving sounds at the horn). Examples:

      * Old carburated sports car
      * Model T
      * Diesel semi
      * Galloping horse
      * Bicycle with a card in its spokes
      * Jetsons car
      * Cruise ship
      * Roomba
      * Milleneum Falcon trying to go into hyperspace but failing

    --
    Give a boy a gun and you arm him for a day. Teach him how to make a gun, and the whole metaphor breaks down.
  4. Re:One of these days by crow · · Score: 5, Insightful

    So the same proportional numbers give $62K income needed to afford the base $35K model, which is spot on. The performance model isn't designed to be affordable. It's designed to be profitable.

    Of course, you know that, but you want to attack. Too bad your own facts show that the base Model 3 is affordable, just as promised. And that's without taking into account the reduced total cost of ownership for an electric car. And wait three years until you can buy one used for $20K that still drives just like new.

  5. Re:Run, Tesla. Run! by LynnwoodRooster · · Score: 4, Informative

    And? Toyota didn't build their first large factory over the past year and a half.

    Neither did Tesla. They bought a fully-functional factory from Toyota and GM. And you would think after 10 years of "production" that Tesla would have a better idea about how to do it...

    (It's also worth mentioning, as a lesser point, that Toyota's average vehicle sale price isn't $45k)

    Yep! The average Toyota is closer to half that amount. And yet, Toyota consistently makes a profit whereas Tesla consistently loses money. I guess if you want to gamble the value of a warranty/support on a $50K+ vehicle on a company that doesn't know how to make a profit, you have quite a bit of money to fritter away!

    --
    Browsing at +1 - no ACs, I ignore their posts. So refreshing!
  6. Re:Run, Tesla. Run! by Rei · · Score: 5, Insightful

    It was not a "fully functional factory", it's been entirely retooled for Tesla's vehicles. And greatly expanded as well. And furthermore, Tesla has been scaling up by orders of magnitude, at one of the fastest rates of any automaker in history. Talking about "10 years ago" when they were handmaking Roadsters on bodies sent over from Lotus is pretty meaningless relative to what they're doing today.

    Yep! The average Toyota is closer to half that amount [cars.com].

    I love how you proudly state that, as though it somehow contributes to your point, rather than pointing out that their revenue per vehicle is half of Tesla's.

    And yet, Toyota consistently makes a profit

    Wow, a company that is not pouring everything it gets and then some into expansion is paying dividends? You don't say!

    I guess if you want to gamble the value of a warranty/support on a $50K+ vehicle on a company that doesn't know how to make a profit

    Hey, the 10-year-old "Tesla Deathwatch" called, they want you to write a column for them.

    --
    Give a boy a gun and you arm him for a day. Teach him how to make a gun, and the whole metaphor breaks down.
  7. We know we are paying more. by 140Mandak262Jamuna · · Score: 4, Insightful
    The 35 K car is the promise. We Tesla backers know it is going to be very barely profitable to sell that car. So we understand Tesla has to make profits from the people who are willing to pay more. I cheered on the X and S owners as people who are paving the way for me to get my affordable Tesla. When it came within striking range, I too stepped in and got a model 3 at 55K on the road.

    "Premium" interior (in any color I want as long as it is black) that gives me open pore wood trim and two more USB ports? For 5K? If any ICE car dealer pushed that option I would laugh at him so derisively he would cringe. Here I forked over the cash for obviously over priced profit center knowingly and willingly. That is my bit for the 35K for the masses.

    AWD at 78K is outrageous in some sense. Electric dual motor AWD is so much simpler than the transfer case, locking differential, dual drive axle ICE AWD trans. ICE AWD is just 3 or 4 K more, and they make a good profit on that. Electric is just one more motor and all the rest is software. It should not cost more than 600$, and it would sell for 1000$ more in normal circumstances, if there are enough electric cars on the market giving competitive pressure. But... as it stands now, Tesla can bundle it with mauve interior and pink wheels and a unicorn hood ornament and price it at 78K. And there are lots of people willing pay. I see it as a good thing. Make as much profit as possible, amortize the factory, pay off the fixed costs, so that some day we can have a really affordable electric car for the people.

    --
    sed -e 's/Chuck Norris/Rajnikant/g' joke > fact
  8. Re:Run, Tesla. Run! by Rei · · Score: 4, Informative

    And by the way, just so you know, Toyota sold off a large chunk of the equipment at NUMMI:

    The plant was scheduled to close and NUMMI needed to distribute its industrial equipment, transfer or sell them using the Fair Market and Fair Market Value in Place value appraisals to make these decisions.

    And transferred most of the rest:

    LOS ANGELES (Bloomberg) -- Toyota Motor Corp. was able to cut the U.S. price of its new Camry sedan about 2 percent from the previous version in part by re-using old assembly robots from its former joint-venture plant in California.

    "A lot of the tooling is new, however the equipment isn't," Steve St. Angelo, executive vice president for North American manufacturing and engineering, said in an interview. "We used a lot of used equipment" from the now-closed New United Motor Manufacturing Inc. plant, or Nummi, he said.

    Tesla bought the small amount that was left over at the plant, about $15m worth (which is almost nothing in the automotive industry).

    --
    Give a boy a gun and you arm him for a day. Teach him how to make a gun, and the whole metaphor breaks down.
  9. Re:Run, Tesla. Run! by Rei · · Score: 4, Informative

    Yes. More to the point, if you had actually read the Wikipedia article you linked, you would have learned that. They sold off or transferred all but $15M of equipment from the facility.

    --
    Give a boy a gun and you arm him for a day. Teach him how to make a gun, and the whole metaphor breaks down.
  10. Re:Performance by ledow · · Score: 5, Insightful

    Electric cars (and bikes) just confirm what I always knew.

    Nobody's actually interested in the speed, or the acceleration. What they want to do is make a noise and be loud and "sound" cool.

    Seriously, Harley Davidson could make an electric motorbike that out-accelerates all their other models (they are actually doing that). All the bike enthusiasts I talk to laugh at that idea - they don't even mention "range" or "battery life" (I think they have a hard time saying "battery" to be honest, if it's not full of some environment-destroying fuel, they can't play Mad Max). They just think the idea of something near-silent is counter to why they buy the bike.

    They don't really admit that, but that's all it's ever been about. Not "Hey, I have the faster car". Not "I love the speed". Nope.. .it's how I can get everyone's attention and who's looking at me?

    The cars are the same. Line up a dozen sports cars and nobody will look at the electric model. Even though it will out-accelerate the $200,000 supercar (and let's be honest, any race where you're just at top-speed all the time is boring... an electric car would win in a drag-race, in a rally, on a track, etc.).

    Look at the motor-sports and electric cars don't really figure. Even the "electric formula one" kind of things get zero attention. But hey, put regenerative braking into something and use that to boost the performance, that's okay because it makes a lot of noise still.

    Racing is literally about "who can be noisiest, messiest, cause the most disruption, and nearly trash their car" not "who wins".

    For years, consumer cars have gotten faster and faster, but nobody really notices or thinks it matters, because they've also become quieter and quieter. Everyone drives what would have been a Formula One car back in the sixties, but now those kinds of cars are "granny cars", because they don't make lots of noise.

    Sorry, but all those "car enthusiasts" that I know spend more time polishing and waxing, and bolting on ridiculous addons to their car than they ever do tweaking performance. Hey, unless you get a modchip that makes the car noisier and smokier...

  11. Re:Performance by Dragonslicer · · Score: 4, Funny

    Tesla seems to take all the fun out of performance. It used to be able oil and gas and the small of exhaust coming out of two dual 2.5" exhaust pipes with a sound that made an indication of how fast it was. Now it's just a really quick golf cart.

    I'm sorry about your penis.