Posts Tagged ‘Tesla’
Tesla ups longest financing term from 63 to 72 months, guarantees highest resale value of any premium sedan
Last week, Tesla gave some good news to owners of its electric autos — an unconditional warranty on Model S power packs and the availability of Roadsters and Model S’s as loaner models should your EV be laid up for repairs. Today on a media call, Elon Musk announced a new financing option for would-be buyers and informed us that Teslas have a higher resale value than any other car. Because of this, Musk is personally guaranteeing that his cars will have a higher resale value than those from major luxury brands like BMW, Audi and Jaguar (which broadens the guarantee beyond the old one that had the value pegged to the residual value of a Benz S-class). Additionally, the company is now upping its longest financing option from 63 to 72 months to make it easier for folks to get in the driver seat.
Filed under: Transportation
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The Tesla Model S’ Battery Is Now Covered By A Nearly Unconditional Warranty
Without proper care batteries can wither and die like a delicate tulip roasting in the bright sun from an unseasonably warm spring day — a fact made exponentially worse when the battery in your $ 60k vehicle no longer functions properly.
With that in mind, Tesla just unveiled an impressive new warranty for the Model S battery pack. With the notable exception of a vehicle accident or a curious owner opening the battery pack, under this new plan, Tesla will replace the battery pack for any reason including user error and improper maintenance.
Best of all, users do not have to worry about servicing the vehicle on a regular basis. Annual checkups are now completely optional, meaning the warranty will still be valid if the owner never takes the vehicle in for service.
Tesla states in a blog post today that the company took great pains in developing a proper battery and therefore if something goes wrong, it’s on them, not the owner.
If needed, the battery will be replaced with a factory reconditioned unit with an energy capacity equal to or better than the original pack before the failure occurred.
Sounds like a fair deal for the pricey Model S.
Better yet, Tesla also announced a service loaner program in which if an owner’s Model S needs to go in for service, the company will deliver a fully decked out Model S as a loaner until the original is repaired. Take a shine to the fancy loaner? No worries, Tesla will let you keep the loaner and pay a price that is lower by 1% per month of age and $ 1 per mile. As Tesla notes in the announcement, this practice will ensure the loaner fleet is constantly refreshed with new vehicles rather than becoming the equivalent of a rental car fleet.
If nothing else, Tesla and its billionaire founder are becoming very good at playing the media game. This announcement comes just weeks after the company rolled out a new payment plan (complete with a very shady marketing plan) to make the Model S more affordable. And let’s not forget Musk just not-so-quietly put up $ 50k of his own cash to speed up construction on LA’s 405 freeway. Why pay for press when you can get it for free?
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Zappos CEO buys 100 Tesla Model S sedans for his Project 100 transportation initiative in Las Vegas

Aiming to give Tesla’s Model S a spin, but can’t rather manage one (regardless of the business’s new financing option)? Zappos CEO Tony Hsieh’s Downtown Task might have you covered, presuming you go to Las Vegas. The Downtown Task simply launched Job 100, a program it calls a “full transportation system” for navigating without having to own a car– and the company purchased a fleet of 100 Model S sedans to be part of the campaign. This marks the biggest solitary Tesla investment so far. This happens a month after reports that Hsieh was planning to get 100 Teslas for a Zipcar-like service in Las Vegas started circulating; while his plans are perhaps more ambitious than an easy vehicle rental service, the original report wasn’t …
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Tesla Model S now eligible for non-traditional lease with resale guarantee
Simply as Tesla isn’t in the company of making typical cars, it’s just presented a leasing program for the Model S sedan that’s not totally run-of-the-mill. Distinct to the company’s 66-month lease program, you’ll discover the choice of offering the Model S after 36 months at a rate that’s pegged to the recurring worth of the Mercedes S Class. While that may sound all fine and dandy, be warned, if you could not afford a Model S in the past, there’s a good chance it’s still be a wee bit out of your grasp. The Tesla Model S 85kWh version runs $ 1,199 per month, which then becomes a little more palatable as soon as tax credits are factored in. On the average, individuals can expect to pay between $ 732 to $ 940 per month for the benefit of leasing a Model S. Meanwhile, business users stand to benefit even more, who can select tax credits to bring the overall expense down to $ 505 per month. Don’t hesitate to beg the source links if you now think Motor Trend’s 2013 Automobile of the Year is an expense you can stomach, but for the rest of us, we’ll just keep dreaming.
Submitted under: TransportationCommentsSource: Tesla(1),(2)
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Tesla Model S axes 40kWh battery option, surpasses sales goals
Considering getting the spending plan Tesla Model S? Think again: the electric automaker simply revealed that it won’t be sending its 40kWh battery pack choice into manufacturing, citing an absence of customer need. Clients who picked the lesser range configuration will still get a car, obviously, however it will be a 60kWh device with software restrictions on variety. It sounds like a raw offer, but Tesla guarantees consumers that the artificially limited Model S will enjoy unanticipated take advantage of the battery swap– that is, enhanced velocity and a higher top rate. All the business’s 60 kWh vehicles will be developed with Supercharger hardware, too. Lastly, the company revealed that it exceeded its first quarter sales goal, having actually provided 4,750 Model S cars on its prepared 4,500. This provides it a head begin on its year-end goal of delivering 20,000 automobiles in 2013 and probably secures the Q1 profits it promised shareholders back in February. Curious onlookers and Department of Energy collectors can find the details after the break.
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Tesla Model S axes 40kWh battery option, surpasses sales goals
Thinking of picking up the budget Tesla Model S? Think again: the electric automaker just announced that it won’t be sending its 40kWh battery pack option into production, citing a lack of customer demand. Customers who opted for the lower range configuration will still get a car, of course, but it will be a 60kWh machine with software restrictions on range. It sounds like a raw deal, but Tesla promises customers that the artificially limited Model S will reap unexpected benefits from the battery swap — that is, improved acceleration and a higher top speed. All of the company’s 60 kWh cars will be built with Supercharger hardware, too. Finally, the company announced that it surpassed its first quarter sales goal, having delivered 4,750 Model S vehicles on its planned 4,500. This gives it a head start on its year-end goal of delivering 20,000 cars in 2013 and presumably secures the Q1 profits it promised shareholders back in February. Curious onlookers and Department of Energy collectors can find the details after the break.
Filed under: Transportation
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Tesla Model S axes 40kWh battery option, surpasses sales goals
Thinking of picking up the budget Tesla Model S? Think again: the electric automaker just announced that it won’t be sending its 40kWh battery pack option into production, citing a lack of customer demand. Customers who opted for the lower range configuration will still get a car, of course, but it will be a 60kWh machine with software restrictions on range. It sounds like a raw deal, but Tesla promises customers that the artificially limited Model S will reap unexpected benefits from the battery swap — that is, improved acceleration and a higher top speed. All of the company’s 60 kWh cars will be built with Supercharger hardware, too. Finally, the company announced that it surpassed its first quarter sales goal, having delivered 4,750 Model S vehicles on its planned 4,500. This gives it a head start on its year-end goal of delivering 20,000 cars in 2013 and presumably secures the Q1 profits it promised shareholders back in February. Curious onlookers and Department of Energy collectors can find the details after the break.
Filed under: Transportation
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Zappos founder reportedly buys 100 Tesla cars for Zipcar-like rental service in Las Vegas

Zappos founder Tony Hseih has led the cause of urban development in Las Vegas, and according to Business Insider, he plans to add an enticing all-electric perk for tech entrepreneurs in town: a fleet of 100 rental cars from Elon Musk’s Tesla Motors. Business Insider says Hseih’s new Tesla service will be part of a new Car2Go or Zipcar-like rental program for members of the Vegas tech community. Hseih has been working on a $ 350 million effort called the Downtown Project intended to revitalize the Las Vegas city center with an influx of tech companies — that includes Hseih’s Zappos, which moved into the former Las Vegas City Hall last year. As The New York Times reported, the Downtown Project aims to bring in 10,000 “upwardly mobile,…
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NYT says Tesla Model S review the result of shaky judgment, Musk calls it even
The dust-up over the New york city Times‘ Tesla Design S evaluation may have left no real winners, but that doesn’t avert at least attempting to reach the truth. According to the paper’s Public Editor, Margaret Sullivan, the final answer rests where it often does: in between the 2 extremes. Following interviews with motorist John Broder, Tesla personnel and others included in the tale, the scrutineer thinks the evaluation was performed honestly, but that poor decisions and less-than-precise notes brought about the charging concerns and complaints of deception that distinguisheded the drive. Broder ought to have topped up the way the business suggests, but wasn’t thinking of dragging anybody with the dirt, Sullivan says. Whatever you think about her conclusion, it’s enough for Tesla founder Elon Musk to relax– he’s currently saying that the inspection “restored” his count on in the Old Gray Lady’s stability. About the only demand we have left is to get enough Supercharger stations that there’s never a repeat occurrence.
Filed under: TransportationCommentsSource: New york city Times,
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Fleet of Tesla Model S owners set out to refute NYT report, coin slang for human error
In between data logs, rebuttals and general dramatization, it’s simple to get perplexed: can a Tesla Model S make the trip from Washington DC to Connecticut? A small team of Tesla followers chose to see for themselves. Fulfilling in DC over the weekend, seven drivers from the Tesla Motors Club forums united to recreate the press reporter’s infamous trip to Tesla’s Milford Connecticut Supercharger, minus the Manhattan detour. The long and short? The team made the trip effectively, albeit with some small hiccups. Many of the motorists had no trouble completing their Tesla’s at maximum range, ensuring they had sufficient cost to complete each leg of the trip– but one auto stubbornly refused to round off at a Delaware Supercharger.
After about an hour of troubleshooting, Tesla pushed a firmware update to the automobile, discovered and identified another bug and got the auto back on the roadway. The lesson? A thoroughly prepared electric road journey can result in success, but technical errors do happen. However, the group had no perturbations aggravating the NYT press reporter for his troubles, referring to “Brodering” as the act of lacking power due to human mistake. All in all, it appears great times were had– what else could you ask of a weekend trip? Have a look at the group’s Twitter feed at the surrounding source link for extra driver updates, or have a look at stra & szlig; enversion for a traveler account of the journey’s first leg.
[ Thanks, Aravind ]
Filed under: TransportationCommentsSource: straßenversion, Tesla
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