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Tesla's 'D' Adds All-Wheel Drive, Safety Features

Tesla Motors CEO Elon Musk unveiled a new version of the luxury electric car maker's Model S sedan that includes all-wheel drive and self-driving "auto pilot" features. The open-to-the-public event Thursday night included free alcohol and test rides on an airport tarmac. With more than 1,000 Tesla fans in the audience, Musk explained that the current Model S is a rear-wheel-drive car with one motor, but a new version will have two motors - one powering the front wheels and one powering the rear wheels. All-wheel drive helps grip slippery roads and is standard on many luxury sedans. Analysts have said Tesla needed it to boost sales in the Northeast and Midwest, as well as Europe. The company sold 13,850 cars in the U.S. this year through September, down 3 percent from a year ago, according to Autodata Corp. Unlike all-wheel-drive systems on gas-powered cars, Tesla's system improves speed, acceleration and mileage by optimizing which motor is used, Musk said. The dual motor version of the P85 performance sedan will have a top speed of 155 mph, compared with the current 130 mph. It will accelerate from 0 to 60 mph in 3.2 seconds, akin to exotic sports cars. "This car is nuts. It's like taking off from a carrier deck," Musk said at the municipal airport near Los Angeles where another of Musk's companies - the commercial rocket firm SpaceX - is based. The crowd obliged with cheers and applause. Tesla is also significantly upgrading its safety features through a combination of radar, image-recognition cameras and sonar. The Model S will right itself if it wanders from its lane and brake automatically if it is about to hit something. Those features are offered on luxury competitors, as well as mainstream brands such as Ford, Hyundai and Toyota. But Tesla is going a step further. Its new system will move the car over a lane when the driver uses the turn signal. It will also use cameras to read speed limit signs and decelerate accordingly. Volvo has a system that reads signs and alerts drivers if they are over the limit but does not change the speed. Musk said "auto pilot" does not mean the car could drive itself - as he put it, a driver cannot "safely fall asleep." Pulling together all the driver-assist features impressed Brian A. Johnson, an analyst with Barclay's. "It's a year ahead of the timeframe I was expecting," he said.

Tesla now has 200 Superchargers open around the world

Oxnard, California. That's where electric-vehicle enthusiasts can find Tesla Motors' 200th Supercharger station. And they should be able to find some pretty good surf nearby, too. Number 200 is located in a shopping mall near Highway 101 about 60 miles northwest of central Los Angeles and includes 10 stalls, according to Green Car Reports. Given the recent pace of European deployments, having No. 200 in the US is a slight surprise, since more than half of the 100 stations installed since April are in Europe (a lot of them are being deployed in Germany and Norway). Technically, Tesla is now up to 207 chargers, with a little over half of those in the US and the remainder in Europe and Asia. Tesla recently started providing a slightly less powerful but still valuable charging option in the form of wall chargers that can give 60 miles of charging range in about an hour. While no match for a Supercharger, that's about double the charging speed of a 240-volt charging station. As of early September, Tesla had partnered with about 110 North American hotels, restaurants and beach parking lots at deploying what it calls the Tesla Destination Charging Program. For a complete list of Tesla's Supercharger stations, go here.

Tesla lowers Model S lease price, adds 3-month 'happiness guarantee'

Tesla Motors is offering an enticing deal for potential buyers who might not be entirely sure whether they actually want to own a Model S for the long term. A deal through US Bank not only lowers the cost to lease the EV but also turns leasing the brand's electric sedan into a long-term rental.
Curious buyers who lease a Model S are now able to return it in the first three months with no penalties and with the remaining payments waived, something Tesla is calling the "happiness guarantee." CEO Elon Musk announced the deal on the company's blog, and he said the payments were also as much as 25 percent lower because US Bank "has a much lower cost of capital than us." Currently, a Tesla lease starts at around $800 and can be up to $1,300, with down payments around $6,500. Tesla leasing is available in 38 US states (full list below).
Of course, there is a catch for the offer. If people turn in their Model S within three months, they can't immediately lease another one. Musk doesn't say how long the wait is.