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List of News and Information about tesla model 3 on 4WheelsNews.com

News and Information about tesla model 3

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Tesla is expected to deliver 3,005 Model 3 units by end of 2017

While Tesla Motors continues to struggle with regards to the assembly of its much awaited Tesla Model 3, investment firm Oppenheimer & Co. is confident that its previous production estimates of the mid-size all-electric sedan would still be reached by the end of 2017.

There is no denying that Tesla is still ramping up production of the new Model 3, but previous reports had indicated that production woes have been bugging the electric carmaker. In its previous estimates, Oppenheimer said Tesla would be able to produce 3,005 units of the Model 3 in 2017. Considering reports that Tesla managed to deliver more than 200 units of the Model 3 sedan in the third quarter, the company would have to deliver around 2,800 examples of its newest offering in the current quarter covering October, November and December 2017.

While Tesla hasn’t updated its delivery guidance, Oppenheimer is expecting the carmaker to deliver 100,056 vehicles in 2017 – encompassing all its offerings like the Model S, Model X and Model 3. Tesla is aiming to produce around 5,000 vehicles per week in December.

Read the entire article Tesla is expected to deliver 3,005 Model 3 units by end of 2017

Investment analyst foresees Tesla Model 3 market domination over BMW 3 Series

Social Capital CEO Chamath Palihapitiya has presumed the entire (BMW 3 Series) business will “go to zero” judging by the number of pre-orders made for Tesla Model 3. Appearing on CNBC’s Fast Money Half Time Report, Palihapitiya claims that orders for the 3 Series are already being hit significantly by Tesla’s more affordable EV, adding that people do not know anything about the level of demand surrounding the popular Tesla Model. Adam Jones of Morgan Stanley has opposed the claim, citing both political and international contexts to the businesses.

Palihapitiya is a former member of Facebook’s senior executive team and has just attended the 2017 Delivering Alpha conference in New York last September 12. Earlier this week, the investment analyst pointed out there is not one person in his right mind who would choose BMW 3 Series over Tesla.

Despite this, BMW i3 has received a makeover in the hopes of competing with Tesla’s long ranging, lower priced sedan. The revamped i3 will be featuring a host of optional driver assistance technologies including adaptive cruise control though we know it won’t make the range any better. Like before, the i3 can only run up to 160 kilometers per charge plus it comes with an extended range of about 290 km. In contrast, the Tesla Model 3 boasts a range that goes somewhere between 350km and 500km.

Read the entire article Investment analyst foresees Tesla Model 3 market domination over BMW 3 Series

Tesla Model 3 cancellations exceed 63,000 units but Musk thinks it is inconsequential

Last July 28, Elon Musk held a special event for the first 30 customers of the Tesla Model 3. The Model 3 is the company’s first mass-produced vehicle and is also their most affordable model. The reason why only 30 units were delivered that day is because production is currently moving slow for the Californian automaker. However, they did say that production will hike up exponentially. But even after saying that, car owners who order one today won’t get their Model 3 until 12 to 18 months after.

Here is the thing, not everybody is that patient or can wait that long for a car to be delivered to their garage, so a lot of these people cancelled their pre-orders. As of now, there have been around 63,000 cancellations that were made by customers, according to Elon Musk as he revealed this during their quarterly earning call. All in all, reservations for the Tesla Model 3 have gone down from 518,000 to 455,000.

Musk further added that the cancellations were recorded in the span of over a year. Having said that, Tesla does not seem to be very much affected by the cancellations. In fact, the company feels more relieved probably because there is less pressure put on them. Musk even compared themselves to a restaurant, saying that if people queue up for a hamburger when there is already an hour and a half wait, there’s really no reason to attract more customers.

Read the entire article Tesla Model 3 cancellations exceed 63,000 units but Musk thinks it is inconsequential

Top-ranging Tesla Model 3 is not bad at all for $59,500

Tesla was able to keep its promise of offering the Model 3 for the affordable starting price of $35,000, but there’s a treat available for those who want more features and have money to spare. In fact, the top-of-the-line Model 3 costs just $59,500. This is quite a relief for those who find the entry level Model S’ $69,500 too high-priced.

The Standard Model 3, which packs about 220 miles of range, boasts a 130mph top speed and the ability to take only 5.6 seconds to sprint from zero to 60 miles per hour. On charging, the base model gets at least 130 miles of range per 30 minutes using Tesla’s Supercharger while the 240V home outlet with 32A gives about 30 miles of range per hour.

Since the most affordable model won’t be ready until the following year, Tesla buyers for the meantime might need to shift their attention to the Long Range trim option that sells for about $44,000. The slightly higher price can be attributed to its 300 miles of range, 5.1 seconds quicker acceleration and 140mph top speed. More than that, the Long Range also gets to charge faster than the base model with up to 37 miles of range per hour on a 240V home charger and 170 miles of range per 30 minutes on a 480V charging station.

Read the entire article Top-ranging Tesla Model 3 is not bad at all for $59,500

Definitely, the powertrain is considered as the heart of any vehicle. Without this propulsion system, a vehicle is as good as a dead block on the road. At Tesla Motors, the electric powertrain is basically the lifeline of its vehicles, including the newly launched Tesla Model 3. As to how durable the electric powertrain in the new Model 3 would be, Tesla’s chief executive Elon Musk has the answer.

According to Car Advice, Musk remarked during the global launch of the first Model 3 production vehicles in Fremont, California, that the next generation powertrains found in the Model 3 are designed to go for “a million miles between services.” Musk’s statement shows how confident Tesla’s top honcho is about the durability and longevity of the new powertrain used in the new Model 3.

The powertrain of the new Model 3 – including its electric motors, battery pack and drivetrain – is completely new when compared to the ones employed in the Tesla Model S and Model X. Musk firmly believes that the powertrain of the new Model 3 would need little maintenance in the future. The new Tesla Model 3 comes with a four-year vehicle warranty and an eight-year battery warranty.

Read the entire article Tesla Model 3 powertrain will need very little maintenance, could travel a million miles before servicing

Tesla Motors has finally commenced delivery of its new Tesla Model 3 electric luxury sedan. While Tesla is still basking over the hot reception for its newest model that is underpinned by its new third-generation platform, there are already inquiries whether the carmaker is planning to release a performance version of the Model 3.

Just days after the official market launch of the Model 3, someone dared to ask no other than Tesla’s chief executive Elon Musk about whether a performance version of the new electric sedan is on the way, noting that the top honcho mentioned this in 2016.

Musk, as engaging as he is in social media, was kind enough to answer the inquiry, saying that a performance variant of the Tesla Model 3 would arrive probably in the middle of the year. Musk added that the carmaker’s focus right now is to be done with the Tesla Model 3 production. He then noted that more versions of the Model 3 would sink the electric carmaker into deeper hell.

Read the entire article Elon Musk confirms performance version for new Tesla Model 3

Last July 3rd, Elon Musk, CEO of Tesla Motors announced on Twitter that the first 30 Tesla Model 3s will be delivered earlier to customers earlier than they have expected. He even added that the first ever model will be ready on Friday, July 7th.

We did not get an update over the weekend whether it was finished or not, but now, the company has confirmed that the first Tesla Model 3 has been built, and is just going through a final checkout.

Unsurprisingly, the new owner of the #0001 is the CEO himself. He did explain that to get the rights to have the first model, you have to be the first person to make a full deposit. He also told the Brad Sams, the guy that asked who the lucky owner of the Model 3 is, that it was Ira Ehrenpreis who had the rights as he was the very first person who paid the full deposit. But Ehrenpreis gave the rights to Musk as his 46th birthday present. The number one Tesla Model 3 is dressed up in a black exterior finish, as seen on Musk’s post.

Read the entire article First Tesla Model 3 goes to Elon Musk as a birthday gift

Tesla’s Elon Musk had promised to provide updates about the release of the highly anticipated Model 3. And after several teasers including the ones on his Twitter page, he finally confirmed their arrival. He had announced recently that during a special ceremony on July 28, the first 30 Tesla Model 3s will be delivered to their respective owners.

Luckily for them, the Tesla Model 3 passed the regulatory requirements needed for production earlier than expected - two weeks ahead to be specific. Having said that, the entry-level model will be delivered six months ahead of time too.

Elon Musk posted on Twitter on July 3 that the Model 3 passed the production requirements early. He then added “Expecting to complete SN1 on Friday”. The company seems to be moving quickly with their new entry-level car.

Read the entire article Tesla Model 3 deliveries will start on July 28, Musk confirms production is ahead of schedule

Notwithstanding Tesla’s effortless marketing and anti-selling initiatives, its CEO, Elon Musk has finally announced that paid reservations for the Tesla Model 3 continue to go up every week. After commencing the reservation procedures barely a month ago, the CEO once shared that the company has already taken about 400,000 pre-order reservations. Since discussing these numbers however, Musk no longer wants to share the exact figures. He explained that if he does this, many people will speculate or make wrong assumptions on what’s going to happen next.

In the recent 1st quarter earnings call, Musk neither answered directly nor tried to eschew the inquiry. Instead, he replied by saying that although he’s not willing to share the actual number, the reservations continue to climb on a weekly basis. That is, in spite of their attempts to encourage their customers to buy the Model S instead of the Model 3.

When asked to provide the exact number of reservations, the CEO said that the problem lies in the probability that people will run off and make all kinds of conclusions based on the number and he thinks that this isn’t “predictive” of the future. He also mentioned that these people aren’t even allowed to test-drive a Model 3 and that the company doesn’t do a thing to sell the Model 3 but increasingly more reservations are made every week.

Read the entire article Tesla says its Model 3 reservations are on the rise

CEO and Chairman of Tesla Motors, Elon Musk is a very ambitious man, and is known by many as the man who wants to redefine transportation on Earth and in space. He also plans to expand fully autonomous vehicles to the mass market - which indeed are pretty cool ideas. But sometimes, Musk has brilliant ideas that most people don’t agree with.

For instance, earlier this week, he confirmed to the public that he will ditch the head-up display (HUD) for the Tesla Model 3, and it that it will not feature any traditional instrument.

Instead, he feels that all the information the driver needs can be put on a large center display.

Read the entire article Tesla CEO confirms plan to scrap Model 3’s head-up display (HUD)

Tesla is finally setting a more “definite” schedule with regards to the official launch of the Tesla Model 3 electric car. A “limited production” is said to be slated to begin in July of this year although it appears that the first group that will come out of production has been earmarked for investors and employees at Tesla. CEO Elon Musk however did also say that customers may be able to begin configuring their vehicle within 3 to 4 months.

Production trials though have already started with the company stating that material sourcing and crash testing of the Model continue to be on schedule and will likely be able to support the volume deliveries expected in the second part of 2017. The actual volume production though is not expected to start until September. Tesla disclosed that it expects to deliver around 5,000 units per week by the fourth quarter of this year with the goal of increasing it to 10,000 units weekly sometime in 2018.

During a conference call, Musk revealed to reporters that the brand will slowly speed-up the production of the Model 3, in fact looking like an “S curve” that will increase the speed as initial bugs are detects and problems are fixed.

Read the entire article Tesla will begin limited production of Model 3 by July

Tesla's latest Model 3 may come with the most advanced solar roof technology. The roof, designed to harness solar energy is currently being considered for the first time. Though the Model 3 has yet to be released, there seems to be the possibility that the solar roof will be featured on Tesla’s new and upcoming line-ups.

The said roof can generate solar energy and can power up the vehicle and its components. Tesla has developed a type of glass panel, which they embedded with solar cells and is expected to come with the latest Model S.

Twitter was there as the witness. Elon Musk, Tesla’s CEO happened to divulge juicy details of the possibility of solar roof in a recent tweet. To make it more exciting, Musk hinted about “a deployable solar shield, like a retractable hard top”. This was his response to queries regarding the photovoltaic charging capacity on the solar roof panel. Musk continued responding to another tweet by a certain user, asking whether the solar rooftop would be expensive, and he answered “No.”

Read the entire article Tesla Model 3 with solar roof technology is hinted via Twitter exchange

Tesla is making sure that all models under production will receive the necessary advanced hardware that will allow them to be autonomously driven. The fitment of these advanced hardware to the Tesla Model X, Model S, and Model 3 is part of the carmaker’s commitment to pursue autonomous driving.

The California-based company still believes in the crucial role that that self-driving vehicles would play in enhancing transportation safety while accelerating the global transition to a more sustainable future. In addition, Tesla believes that a fully autonomous car is substantially safer than a human driver and could even reduce the cost of transportation for car owners while providing low-cost on-demand mobility for people who do not own one.

These new hardware includes eight surround cameras that could provide 360 degree visibility around the vehicles with a range of up to 250 meters. The capability of these eight surround cameras is complemented by 12 updated ultrasonic sensors, which means that Tesla’s Model X, Model S, and Model 3 could now better detect both hard and soft objects at almost twice the distance of the prior detecting system. In addition, the new Tesla cars now have a forward-facing radar -- with improved processing – that could send additional data about the surrounding using a redundant wavelength. This radar allows the car to see through fog, dust or heavy rain as well as the vehicle in front.

Read the entire article New Tesla cars get hardware upgrades to enhanced autonomous driving capabilities

In the recent months following Tesla’s announcement of its newest EV, the Model 3, the automaker has received hundreds of thousands of reservations. For only $1,000, customers are able to secure for themselves one unit of Tesla’s most affordable car. The Model 3 can cruise 215 miles in a single charge and can sprint from 0 to 60 mph in less than 6 seconds. It has by far achieved high ratings in every safety category and it is also equipped with an autopilot option. The Model 3 is due for production and will be delivered to its owners by 2017.

What makes the Model 3 the best choice for those who are looking for a more environment friendly alternative is that it doesn’t cost as much as the other Tesla EV models. The Model 3 is the most affordable choice among Tesla’s hoard of EVs at only $35,000 compared to the other models which cost almost twice its base price. Apparently, the Model 3 is just the way to go for those who want the best but at a reasonable price.

But it seems like Tesla’s decided on making a new offer just before the Model 3 hits production (and distribution). It’s quite confusing for some of us but there are reports that Tesla is currently convincing Model 3 reservation holders to change their minds and consider the Model S base model instead. Wait, what?

Read the entire article Tesla attempts to convince prospective Model 3 buyers to switch to Model S instead

Tesla’s upcoming Model 3 has been stirring up the news for the past few days since its debut last week. In just 24 hours, almost 115,000 orders were secured and are now estimated to have reached over 325,000 reservations. People were falling all over themselves to place a $1,000 refundable reservation fee for this upcoming electric car that is estimated to be sold at $35,000 minus the government taxes.

The Model 3 is expected to be one of the best electric cars that were ever made. The Model 3 is expected to have a five-star crash rating in every category. Not much information on the Model 3 has been released except for a few hints given out by Tesla CEO Elon Musk. What we currently know of is that the Model 3 will come with a standard autopilot safety feature including emergency braking collision avoidance.

It is also expected to speed up from 0 to 60 mph in 6.0 seconds. The base version will have an EPA rated range of at least 215 miles per charge and is rumoured to have an 80 kWh battery pack capable of a no-charge 5-hour 364-mile drive. The car’s exterior is legit Tesla but its frontal angles look a bit like a Porsche Panamera; the Model 3 looks like a crossbreed between a Model S and a Model X roofline.

Read the entire article Craigslist ads hint at huge payoff for those ‘investing’ in Tesla Model 3

Tesla’s newest addition to its arsenal of electric powered vehicles, the Tesla Model 3 became an overnight phenomenon thanks to its mysterious unveiling. In just 24 hours, the Model 3 received more than 150,000 reservations and counting.

What makes the Model 3 very mysterious is that not much of its specs are known except for some hints dropped by CEO Elon Musk through his Twitter account.

What we’ve been told is that the Model 3 is still expected to evolve through its production process in 2017; that is why not much of its features are being revealed.

Read the entire article How is the Tesla Model 3 Different from Model S? Here’s the detailed comparison!

Tesla’s newest addition to its roster of powerful sedans, the Model 3, has accomplished some amazing feats even before it is released. The Model 3 is set for production in the middle of 2017 but avid Tesla fans have already been making their reservations, keen to be among the first to own Tesla’s newest electric car.

And it’s not just a couple of reservations but a whopping 325,000 units in less than a week. The Tesla Model 3 was unveiled just this month and has been gaining a lot of popularity ever since. Price is set at $35,000 per unit (not including government incentives). The Model 3 is out to set the bar for revolutionary electric cars.

There has been a scarcity of details released for the Model 3 YET, but CEO Elon Musk has been dropping hints. The Model 3 will be a rear-wheel drive but it will come with an optional dual motor all-wheel-drive system. According to Tesla’s very own Elon Musk, the Model 3 will have a futuristic feel especially because of its steering controls and system.

Read the entire article Tesla Model 3 gaining more orders than expected, 325,000 units and counting

Tesla’s CEO Elon Musk has dropped quite a few details about the upcoming Tesla Model 3. In response to queries from Twitter, Musk dropped a few hints about how this much anticipated vehicle would look like. “Teslaphiles” or Tesla fans and critics in general have been truly excited about the day when the Model 3 will rule the streets. According to Musk, driving a Model 3 would make you feel like driving a spaceship because of the futuristic steering controls and system.

The Model 3 can accommodate five people but its space is very flexible because of a few features. Its minimalist dashboard concept (which was shown in the prototype Model 3) gained some disapproval from a few fans; however, it is put into good use when compressed (and by moving the front seats) because it can free up more space. Adding to cargo capacity is its large trunk and a “frunk” – where the engine is usually found.

Tesla Model 3 is expected to have more cargo capacity as compared to other cars of the same nature. The cabin will also feel very roomy because of its glass roof. Moreover, Musk adds that the Model 3 is going to be a rear-wheel drive car but with an optional and faster dual motor all-wheel drive. The Tesla Supercharging network will be a standard making longer road trips all the more possible.

Read the entire article Elon Musk reveals more details about the upcoming Tesla Model 3

The long wait is finally over as Tesla Motors Inc., revealed the Model 3 at its design center in Hawthorne, California. This will be the company’s first affordable electric car and its fourth model to be released. The first is the high-price but low-volume Roadster, the second being the higher-volume uber sedan Model S, while the third is the functional and high-volume Model X crossover.

Tesla Model 3 is expected to begin sales late next year with a price tag of $35,000. Tesla co-founder and CEO Elon Musk disclosed during the event that for the past 24 hours, the company had already received 115,000 pre-orders at $1,000 each.

The Model 3 has the grille-less front end similar to that of the Model X but the overall appearance seems to be the mini version of its Model S. The interior though is a level higher compared to the Model S and Model X, especially with an infotainment screen that is the largest ever in a vehicle.

Read the entire article Official: Tesla unveils Model 3 a.k.a. its affordable electric car

It was not a secret that Tesla wants to challenge the BMW 3-Series as the company revealed the fact that it originally intended to call the car the “Model E”. Still, Tesla’s plans were changed by Ford after the manufacturer claimed rights to the name. As a result, Tesla’s new model will be called Model 3.

According to Tesla, the new Model 3 will have three bars to represent it so instead of having a lineup named S E X, the company will have to use S III X. Set to be unveiled in 2016, the new Tesla Model 3 will go on sale by 2017 and will use an all-new platform, not a cut-down version of the current one used by Model S and Model X.

Elon Musk said that the new car should cost around $35,000 and the key to it is the new battery technology made possible by Tesla’s upcoming Gigafactory. The new plant will produce batteries for all Tesla models but also for competitors such as Mercedes-Benz and Nissan.

Read the entire article Tesla confirms Model III midsize premium sedan for 2017
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