All articles tagged with #model s
Tesla will halt production of the Model S and Model X next quarter and convert Fremont’s production space into Optimus humanoid-robot manufacturing, aiming to produce up to 1 million Optimus units in the existing S/X space and to start selling Optimus to the public by the end of next year, while continuing to support remaining Model S/X inventory.
Tesla CEO Elon Musk said Model S and Model X production will end, with the Fremont factory repurposed to build Optimus humanoid robots, including a third‑generation design aimed at mass production; the plan is to run a 1 million‑unit‑per‑year Optimus line, boost headcount, and push driverless technology, while Tesla reports a revenue decline for the year despite beating Q4 estimates and notes buyers can still order S/X for now.
Tesla's latest Model S and X updates are minor and fail to meet expectations for significant innovation, highlighting how the brand has fallen behind competitors like Lucid, Rivian, and Hyundai in range, charging speed, and technological advancements, which may lead to a decline in their market relevance and sales.
Tesla has launched minor updates to its Model S and Model X vehicles in the US, accompanied by a $5,000 price increase across the AWD and Plaid versions, featuring new colors, improved noise levels, and design tweaks, but facing mixed customer reactions and some downgrades in performance and features.
Tesla has launched minor updates to its Model S and Model X vehicles, including new paint options, wheels, and interior features, but the most notable change is a $5,000 price increase. The updates are considered mild and may not significantly boost sales, which have been declining for these models.
Tesla engineers faced financial constraints during the development of the Model S and had to get creative to save costs, including flipping parts upside down. They borrowed a Land Rover steering rack, flipped it upside down, and made minor modifications to fit it into the Model S, saving millions. They also used common parts on the left and right sides of the suspension to reduce tooling costs, demonstrating clever engineering and smart manufacturing to achieve high functionality while saving costs.
Tesla has launched new, shorter-range versions of its Model S and Model X vehicles, reducing the price of its base luxury electric vehicles by $10,000. This move comes as Tesla engages in an EV price war, slashing prices multiple times this year. The new models have software-locked battery packs, with about 21% of the battery capacity locked. Tesla stock fell slightly, and Cathie Wood's Ark Invest firm has sold nearly 120,000 shares of TSLA over the last three sessions.
Tesla has reintroduced "Standard Range" versions of its Model S and Model X, offering a $10,000 price reduction in exchange for compromised driving range. The Standard Range Model X starts at $88,490, while the Standard Range Model S starts at $78,490. These models have reduced estimated ranges of 269 miles and 320 miles, respectively, compared to their higher-priced counterparts. The reintroduction of these models follows Tesla's recent price cuts across its lineup, including the Model 3 and Model Y. It remains unclear whether the lower-range versions have physically smaller batteries or if their capacity is software-locked. Both the Model S and Model X Standard Range will be available for shipment in the US from September.
Tesla has introduced "Standard Range" variants of its Model S and Model X vehicles, priced at $78,490 and $88,490 respectively, making them $10,000 cheaper than the base models. These new EVs have shorter ranges and slightly slower acceleration compared to their counterparts. It is unclear whether Tesla is using different battery packs or simply software-locking the range. Buyers can add customizations and features at an additional cost, including Tesla's Enhanced Autopilot and Full Self-Driving Capability. Current Tesla customers can transfer Full Self-Driving to a new vehicle for free if purchased between July 20th and September 30th, 2023.
Tesla has launched new standard range Model S and Model X cars in the US, priced at $78,490 and $88,490 respectively, which are cheaper than other versions. The company has been cutting prices in various markets to reduce inventory and compete with rivals, and recently lowered prices for its Model Y in China. Tesla delivered 19,225 Model X and S vehicles in Q2 2021, compared to 16,162 in the same period last year.
Tesla is offering an 84-month financing term to attract more customers, with APRs around 6.39%. While this may lower monthly payments, the long-term loan could result in a total cost of over $63,000 for a Model Y, highlighting the downsides of high-interest, long-term loans. Tesla has been offering discounts and incentives on various models, including up to $7,500 off MSRP for Model S and X vehicles, as well as reduced prices for Model 3s.
Tesla is recalling nearly 16,000 of its 2021-2023 Model S and Model X vehicles due to a seat belt issue, where some front-row seat belts may not have been reconnected properly after being repaired. If the seat belt is not reconnected correctly, it may not perform as intended in a collision, increasing the risk of injury. Tesla will conduct free inspections and replace the seat belt assembly if necessary. Additionally, Tesla is recalling over 1,300 vehicles due to a camera issue that may cause certain active safety features to be unavailable.
Tesla is including a quirky accessory called "The Reacher" with the Model S and Model X deliveries in the UK, which helps drivers reach items through the passenger window. This is to address the inconvenience caused by the left-hand drive configuration of the vehicles in a predominantly right-hand drive country. While some find it amusing, others criticize Tesla for canceling the right-hand drive variants of the Model S and Model X.
Tesla has started delivering new Model S and Model X vehicles in the UK with a grabbing stick, dubbed "The Reacher," after forcing buyers to purchase left-hand-drive vehicles. This decision upset many buyers whose orders were canceled, but Tesla provided them with the grabbing stick as a consolation.
Tesla is offering a discount of up to $8,000 on new inventory of Model S and Model X vehicles, along with three years of free Supercharging for deliveries by the end of the quarter. This is in an effort to reduce inventory and improve financial results. The discount results in brand-new Model S vehicles going for as low as $82,790. Tesla has been using incentives to encourage buyers to take delivery of new inventory vehicles by the end of the quarter.