Elon Musk says Tesla Model 3 won’t get 100kWh battery

Comments

  • Rev0lver

    At today’s exchange rate that $35,000 US car would cost a hair under $46,000. Not exactly cheap.

    • Colton Bauman

      14k rebate in ontario, plus the provincial government has said they may remove the tax, and are talking to the fed’s to remove the whole hst. We shall see, but 14k in rebates is pretty darn nice.

    • Rev0lver

      Great for Ontario residents. There are 9 other provinces in our great country.

    • Jim Doyle

      Don’t forget unlimited HOV (or HOT) lane access as well. Add that to the $14k rebate in Ontario and this car is a steal.

    • Rev0lver

      Sure. In Ontario it might make sense with incentives. That’s still over $32,000 for a fast, electric Corolla.

      Plus, with incentives is not a real price.

    • Philosoraptor

      What about reduced frequency of maintenance due to a lack of many moving parts? What about thousands saved on gasoline costs?

      I’m willing to pay more for an EV for these reasons.

      Plus, you can bet that the fit and finish of the final product will beat that of the Corolla.

    • Rev0lver

      “Plus, you can bet that the fit and finish of the final product will beat that of the Corolla”

      You’re joking right? Tesla’s fit and finish has been notoriously poor. Imagine the problems they’ll have with a car that’s build for the mass market.

    • Goran Mihajlović

      2 other provinces have rebates, totalling 27 million people. Talk to the other provinces why they don’t. Not exactly a knock on tesla. So what if it’s not the “real” price?

      Can’t comment on cost of maintenance, but it’s still going to require much, much less maintenance by virtue of being electric. The Model S in Canada has an 8 year unlimited mileage warranty. I’m not concerned about that.

      99% of the time people drive in one day much less than the expected range of the Model 3. Plug it in overnight or use a rapid charging station. It’s not an issue with times being “long” when you can rapid charge 80% in 40 minutes or a simple 240V outlet. The range reduction in “the winter” will vary greatly on temperature and if it’s pre-warmed or not. I hear the worst case is like 40% reduction and usually you can expect 20-30%. Yes there are drawbacks but for most Canadians, it won’t be an issue. For those where it is not good enough, then it sucks but I guess you’ll have to wait until someone manufactures one with great enough range.

      Which is common for vehicles that are newly out in that price range surprisingly. Again, warranty. You can always wait it out and see but from my understanding the Model Ss and Xs that are currently fresh off the line are mostly problem free. No idea what it’ll be like for the Model 3 but it is expected to be much less tolerated in the entry luxury level market and that Tesla will have to greatly improve its QC to ensure that it’s minimized. One would hope that by the 4th production vehicle they will have figured out their QC issues. We shall see.

    • Rev0lver

      You have a preorder on the Model 3?

    • Jim Doyle

      A Corolla that requires no fuel and (most likely) will blow the doors off one. That in addition to the savings on annual servicing feels far away from a Corolla.

    • Rev0lver

      Is electricity free where you live? Or does the Tesla run on air.

      Yeah, it’s quicker than a Corolla, bit you could buy two Corollas for the price of a Model 3. Plus, you have the backing of a company that has been making cars for the mass market for decades.

    • Jim Doyle

      It’s 25% the price of fuel my friend. Sounds great but then you have to drive around in a Corolla which, you know would suck.

    • Rev0lver

      Yes. But you made it sound as if there were no fuel costs, which is false.

      Why would a Corolla suck compared to a non existent electric car of the same size (which costs twice as much)?

      With the Corolla you have a car that can be refueled in 3 minutes, has a range of 600+ kms and has a known record for reliability. With the Tesla you have a lot of promises, 50% of stated range in winter, a “refueling” time measured in hours and questionable reliability and quality.

      Yeah it’s quicker, but 98% of the driving public doesn’t care about 0-60 times.

    • It’s Me

      Depends. It’s possible they’ll adjust it lower for the Canadian market. That’s what Chevy did with the Bolt, even without government rebates.

      In the US, the Bolt starts at $37,500 USD, which is over $49k in CAD. But in Canada it starts at $42,800 CAD. That’s equivalent of it being around $32K USD. And the Canadian model includes the faster charging, which is a $750USD addon in the US.

      These are before any government rebates to consumers so GM clearly marked it way down for the Canadian market (perhaps with some pre-sale incentives from the Canadian government but that seems unlikely since it’s not in the news and Justin would love to toot his own horn).

      With the recent changes in ON, it would now qualify for the full $14k rebate as well, so it becomes a very attractive car. Perhaps tesla might do something similar for the 3, but it seems unlikely perhaps.

    • Rev0lver

      I have my doubts. Chevy sells full size SUVs where they make five figure profits on each unit. They can easily absorb the loss they incur on each Bolt. With Tesla they can only produce minimally profitable vehicles with incentives.

      Also, given the current political situation south of the border, the incentives in their top market are likely going to be coming to an end soon.

      I’d be much more comfortable buying a Bolt. Chevy will be around in 10 years guaranteed, plus they know how to make a mass market car. Tesla can make toys for the rich but I’m not sure they have what it takes to make an everyman’s car.

    • It’s Me

      I don’t know, maybe. But why would Chevy want to absorb such a big discount for Canadians, when the US is a much larger market and Canadians (in general) already get much more of a subsidy from governments? And the risk of lower US subsidies should push them to discount them even more there to move more.

      I’d also consider the Bolt first (and actually am considering it right now) not just because it’s actually available now but because as you say GM is more likely to be around (their almost failure a few years back notwithstanding).

    • Rev0lver

      It is a bit strange that Chevy would do that for Canadiens but I really don’t think Tesla can absorb the losses as easily as Chevy.

      I’m all for EVs but I don’t think being delusional about their drawbacks is the way to get to mass adoption. I think the Bolt would be a great car and this coming from someone who has never bought an American car.

    • It’s Me

      That would of course assume Chevy is absorbing a loss when selling in Canada. I don’t expect that is the case. They might have a lower margin here, but clearly they still want to make a profit. Tesla cold potentially eat part of their margin on the 3 here too. In fact, their stated business model is also to use high margin sales of their premium vehicles to allow lower margins (or at least lower prices) on the 3.

      The American car is one of the reason against the Bolt. Of course, the Telsa is also American (the Bolt and the 3 are the only ones I would consider right now) and the Bolt is mostly sourced from LG, so it might as well be a Korean car.

    • Rev0lver

      Nope. Every Bolt is sold at a loss no matter the market.

    • It’s Me

      Really? Where did you read that?

    • Rev0lver

      Lots of sources have reported this. A quick Google search will confirm this.

    • It’s Me

      I see those estimates now, though they haven’t been confirm and are just educated guesses at this point (though from well informed people).

      The other part of that estimate story that has not been as widely mentioned is the ZEV credits they will get for each vehicle sold. From the articles I read, the $8k-$9k estimated loss/car is based on an assumption that Chevy is taking a loss in order to sell so many Bolts that they hit their legal quota requirements in states like California (their largest US market). What isn’t often mentioned is that for each Bolt they sell, they will earn 4 ZEV credits, which they can sell or redeem for $15k-$20k/per car, making the Bolt a profitable car in the end.

      So, while they do seem to be taking a loss per car up front, they will still see an actual profit per car in the US. That helps explain why their up front price is surprisingly low in the US. But it doesn’t help explain why it is even lower in Canada. In fact, not earning tradable credits here should mean they would charge more here, yet they are going below their US price.

    • Rev0lver

      Yeah. I can’t explain the Canadian difference.

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