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Tesla Model 3 orders hit $14 billion [325,000 pre-orders] in one week

https://electrek.co/2017/02/23/tesla-model-3-heads-up-display-screen-battery/

Tesla Model 3: Elon Musk hints at possible heads-up display, releases details about screen, battery, and more

While most of the information that came out of Tesla’s earnings yesterday about the Model 3 were related to the vehicle’s production program, CEO Elon Musk also disclosed new details and gave a few interesting hints about the upcoming vehicle.

Considering Musk pushed the final unveiling of the Model 3 to a few months later than anticipated, it might be a while before we get more information on the vehicle and therefore, reservations holders and enthusiasts (ourselves included) are sure to over analyze any new detail until then.

During the conference call following the earnings, Musk was asked to elaborate on the Model 3’s “design for manufacturability”:

“The Model 3 is designed for manufacturing. It is conservatively a simpler car than the S or the X. Some of these indications are obvious. For example the Model 3 only has one screen whereas the S and X have two screens and two separate computers powering each screen. The Model 3 has 1.5 kilometers of wiring. The Model S has 3 kilometers of wiring so we’ve simplified the wiring system conservatively.”

That’s an interesting comment that is sure to spark more speculation about the rumored heads-up display in the Model 3.

Musk says that there’s only one screen in the vehicle, which would be the 15-in horizontal center display. The Model S and X have both a screen for the center display (MCU) and a screen for the instrument cluster (ICU). If the production version of the Model 3 doesn’t have a screen for the instrument cluster then it would have to be something else and aside from a heads-up display, there are not that many options.

Here’s a demonstration of features that could be implemented in a HUD system for the Model 3:


During the call, Musk also reiterated that Model 3 will not have some of the “bells and whistles” in Tesla’s previous vehicles:

“A lot of the bells and whistles that are present on an S and X are not present on a Model 3. We don’t have self-presenting door handles for example or Falcon Wing doors. These reduce the risk substantially in the ramp and make it just easier to scale. So I think it is going to be a very compelling car, but it’s a simpler design and we also understand manufacturing a lot better than we did in the past.”

When Tesla first unveiled the Model 3, one prototype was equipped with Tesla’s usual self-presenting door handles, but another one had a new type of handles. It’s apparently the type that will be featured on the production version:

Screen Shot 2017-02-26 at 3.37.18 AM.jpg


Musk also briefly hinted at the size of the Model 3’s battery packs – though we have to read into it.

Tesla currently produces battery packs between 75 and 100 kWh for the Model S and X. The Model 3 will account for the vast majority of the battery packs produced by Tesla at the Gigafactory and Musk said yesterday that he expects it will end up with an average between 60 and 70 kWh per pack.

The base battery pack for the Model 3 is expected to be less than 60 kWh, but bigger battery options will be available which will bring the average higher.

We recently reported that Tesla was testing a Model 3 test mule with a 70 kWh battery pack. It’s not clear if that will be a mid-range or the top range option, but if Musk expects the average pack size to be between 60 and 70 kWh, I wouldn’t be surprised if it ends up being the biggest battery option for the Model 3.
 
Tesla running new Model 3 video commercials in their dealerships. Somebody snagged a phone video of it.
 
http://www.teslarati.com/final-tesla-model-3-part-3-event-june-2/

Final Tesla Model 3 “Part 3” event could be held on June 2 or soon after

Details about Tesla’s highly anticipated final event for the Model 3 have been sparse, but new information revealed through Tesla’s “Project Loveday” contest suggests that a “Part 3” event for the mass market electric car could take place on Friday, June 2 or soon after.

According to terms and conditions outlined for Tesla’s newest contest to select the best fan-made commercial, the Grand Prize Winner “will be invited to and introduced at a future Tesla product launch event”. But more importantly, Tesla reveals that the the grand prize “must be claimed by June 2, 2017″, leaving speculation that the Model 3 event could take place that Friday.

Tesla CEO Elon Musk revealed during the most recent company earnings call – in response to an analyst question about when the public may see the Model 3 Design Studio come online – that first deliveries of a “Founders Series” Model 3 will go to employees, and an online configurator was “probably three to four months away”. This puts a launch date sometime in June. It’s likely that Musk will announce the opening of the Model 3 Design Studio the day of the Model 3 “Part 3” event which is presumably the upcoming “Tesla product launch event”.

Tesla has had a long history for throwing spectacular launch events. The unveiling of Tesla Autopilot and the dual-motor configuration drew massive fanfare, both at the “D event” that took place at Tesla’s Hawthorne, Calif. Design Studio, and across social media. Musk is also known to celebrate equally with staff by throwing employee appreciation parties, most recently at a soccer stadium near the company’s Silicon Valley headquarters.

Tesla is expected to begin Model 3 production in July. The company expects to produce 1,000 vehicles per week beginning in July before ramping up to 5,000 Model 3 vehicles produced per week during the fourth quarter.
 
https://electrek.co/2017/03/21/tesla-model-3-options-autopilot-battery-upgrade/#more-39880
screen-shot-2017-03-21-at-7-35-29-am-e1490096261819.png

Tesla Model 3: Autopilot is most popular option among reservation holders and 58% want a battery upgrade

Ben Sullins from the Youtube channel Teslanomics – the same who brought us the new travel tool for Supercharger costs – build a new interesting data visualization tool about Tesla. This time it’s about demand for likely options on the Tesla Model 3.

Unsurprisingly, the Autopilot is most popular option among reservation holders and maybe a little more surprising, a majority of Tesla Model 3 reservations holders in the US want a battery upgrade over the base “more than 215 miles” option.

Tesla CEO Elon Musk has already confirmed that they plan to offer more than one option for battery packs, but we know nothing about the price of those options, or any other options for that matter, and therefore, I would take all the following data with a grain of salt since it will change quickly when people have all the details and information about pricing.

Nonetheless, it’s interesting to see what the hundred of thousands of Model 3 reservation holders are thinking in term of options for their upcoming vehicle.

Sullins used the data from almost 4,000 Model 3reservation holders in the US surveyed at Model3Tracker.info to create his new tool with Tableau – see below – and thousands more in Canada and Europe.

Here are some interesting points that he highlighted from the data.

In the US, 87% of the reservation holders participating in the survey say that they want to add at least one option – meaning that only 13% plan on buying a bare Model 3 at $35,000.

The most popular option is Tesla’s Autopilot, which the company has already announced will be powered by its second generation hardware suite that it believes will at some point enable fully self-driving capability. 67% of respondents said that they want the feature. It is currently offered on the Model S and X with two options: Enhanced Autopilot ($5,000) and Fully Self-driving Capability ($3,000 on top of the $5,000).

It could potentially be a little cheaper for the Model 3, but it’s not likely to be by a significant margin.
screen-shot-2017-03-21-at-7-46-29-am.png


As previously mentioned, a battery upgrade is also a very popular option among respondents. More people actually want an upgrade than people who are OK with the base model. Again, I think that will change when people start pricing the vehicle when the configurator becomes available later this year. A battery upgrade alone is likely to be priced about $5,000 higher than the $35,000 base price.

In Europe, the battery upgrade actually surpasses the Autopilot in popularity. In Canada, the all-wheel-drive option unsurprisingly takes the first place because of the weather.
screen-shot-2017-03-21-at-8-07-18-am.png


More information on the tool available on Tableau and here’s a video of Sullins presenting the tool:

 
Dislike Electric car , old fashioned engine roar type of person

And auto pilot is same as sitting on coach , where is the fun in driving


Auto pilot navigation thought the bridge was still located in same place before the earth quake took it down
1*As3e6U5UlrwPs55GrDoFKg.png



Auto pilot thought the road across was easy to reach just need to drive over rive
3606147



Explain this to the auto pilot
cowinroad.jpg


And that whole copying engine sound for the car .....WRONG .. so wrong
Very disppointed in stealing engine sound
 
Last edited:
Dislike Electric car , old fashioned engine roar type of person

And auto pilot is same as sitting on coach , where is the fun in driving


Auto pilot navigation thought the bridge was still located in same place before the earth quake took it down
1*As3e6U5UlrwPs55GrDoFKg.png



Auto pilot thought the road across was easy to reach just need to drive over rive
3606147



Explain this to the auto pilot
cowinroad.jpg


And that whole copying engine sound for the car .....WRONG .. so wrong
Very disppointed in stealing engine sound
My friend,

Accidents happen irrespective of autopilot feature or not.

Autopilot is a wonderful feature and can be really useful in certain situations.

For example: if you are driving on motorway and you feel sleepy than what will you do? Stop the car and take a nap? Well, autopilot will make sure you get to your destination in time.

Also, autopilot feature is becoming smarter with use of AI and sensors. So you don't have to worry about falling off the cliff or hitting an animal on the road.

Some examples:

http://www.cnbc.com/2016/08/05/man-...-his-life-by-driving-him-to-the-hospital.html

http://www.express.co.uk/life-style...08/tesla-autopilot-avoid-crash-dutch-motorway

You don't have to use autopilot feature but it doesn't hurts to have it in your car. :)
 
That's no big deal for Autopilot considering it is a big target.

People are actually testing it by standing in the road or suddenly walking out in the street in front of it.

The software gets better with every update.

Tesla Autopilot ... Grand theft Auto available for all...

GTA Tuto:

1/ Stand in Front
2/ Ask Tesla car to open Door
---2Bis: If Door won't open--> Wear a Trump mask...
3/ Throw out the owners
4/ ENjoy.
 
Tesla Autopilot ... Grand theft Auto available for all...

GTA Tuto:

1/ Stand in Front
2/ Ask Tesla car to open Door
---2Bis: If Door won't open--> Wear a Trump mask...
3/ Throw out the owners
4/ ENjoy.

Certainly it will be easier to stop an autopilot car than a human driven one.
All it takes is a few unethical people to ruin great tech for the rest of us.

China is having that problem now with their shared bicycle services. People are stealing them or vandalizing them.
 
https://electrek.co/2017/05/08/tesla-model-3-gross-margin/

Tesla’s gross margin on the Model 3 could be a game changer in the auto industry

If Tesla can achieve a similar positive gross margin on the Model 3 as it has with the Model S and Model X, it will be one of the most decisive catalysts in the automotive industry. Why? It will show that an automaker can truly produce a mass market long-range electric vehicle for a profit.

Whether or not they will manage to is still up for debate, but an analyst today came out with a note predicting that they will be able to achieve a ~25% gross margin – comparable with the Model S’ margin.

Evercore ISI analyst George Galliers started coverage of Tesla’s stock today and gave it an Outperform rating with $330 price target.

In his research note, Galliers compared Tesla’s growth with Porsche:

“To put Tesla’s growth in context, we note it took Porsche 10 years and four product lines to grow from [about 35,000 units to just under 100,000 with four different product lines, compared with Tesla’s three]. Even with only a small contribution from the more affordable Model 3, Tesla is on course to achieve similar growth in only 3 years.”

The comparison is interesting because, in the past, Tesla CEO Elon Musk referred to Porsche, which is known in the industry for maintaining segment leading gross margins, when discussing Tesla’s long-term ambitions for gross margins.

Musk believed that it’s important for the electric automaker to generate a lot of positive cash flow from its automotive operations in order to show the industry that EVs can be profitable. It plays into Tesla’s mission to accelerate the advent of electric transport.

This ambition hasn’t been perceived seriously by industry watchers, but Galliers goes against the grain. He notes that “Tesla’s unadjusted gross margin of 25 percent last year is impressive by any standard,” and that he sees the company being able to maintain it even after the launch of the Model 3.

He sees Tesla’s Model S’ margin grow to roughly 30% – something Tesla has been guiding, while the Model 3 is expected to soon account for the vast majority of Tesla’s production and have a lower gross margin, he doesn’t believe that it will bring the average down below 25%.

It would be a game changer for Tesla since at a planned production of 400,000 units per year and an average sale price of ~$45,000, it would represent $18 billion in revenue and roughly $4 billion in gross margin from a single vehicle program.

In the process, it would remove the popular talking point in the auto industry that reasonably priced all-electric vehicles can’t turn a profit.

As Galliers pointed out, Tesla’s gross margin on the Model S is already impressive, but that’s for a vehicle starting at almost $70,000. GM achieved a $37,500 starting price on the long-range all-electric Chevy Bolt EV, but that’s not without taking a loss on every car before ZEV credits, which is why they are limiting availability despite demand.

On the other hand, the Model 3 would check all the boxes: relatively affordable, long range, and mass-produced.
 
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