2015 Tesla 762hp Third Row P85d on 2040-cars

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Morgan Stanley predicts radical auto industry consolidation

A lack of technological foresight and changing economic conditions may bring dramatic consolidation to the auto industry in the next 15 to 20 years. Industry analyst Adam Jonas at Morgan Stanley believes that the number of major automakers could go from around 30 today to as few as 6 in that time. However, a catastrophe is avoidable.
Jonas' argument is that the world has more automakers than it can sustain. He contends that too many of them are more focused on next year's models than attempting to adapt to technological change. Without looking forward, they won't survive.
Tesla might be the lighthouse leading automakers away from the rocks. While still quite small, it has disrupted the status quo and shown that there's more than one way to prepare for new innovations. "With proper execution, Detroit may thank Tesla Motors for being that stiff board in the back of the head right when they needed it," said Jonas to The Detroit News.

Rinspeed details Tesla-based autonomous XchangE concept for Geneva [w/video]

Like it or not, the age of the self-driving autonomous automobile is just around the corner. But what form will a car's cabin take when the emphasis is taken off of human operation? That's the question that Rinspeed aims to answer with the XchangE concept. Previewed two months ago, Rinspeed has now revealed details, photos and even video footage of the self-driving electric vehicle. This year's concept car from the self-styled "Swiss idea factory" takes a Tesla Model S and modifies it for autonomous operation, freeing up the driver to sit back and enjoy the ride.
The redesigned cockpit includes a pair of highly adjustable front seats that can tilt, swivel and recline to make for a business class-like cabin space for driver and passenger. The drive-by-wire steering wheel slides out of the way when not in use. The dashboard displays all manner of data on four screens through a scalable infotainment package controlled by gestures, based on HTML5 and developed by Harman. The vehicle is fully networked with car-to-car communications and integrated LTE connectivity furnished by Deutsche Telekom. Access to the calming cabin space is granted by RFID technology, there's an LED plexiglass roof panel and a Carl F. Bucherer timepiece mounted in a watch winder on the dashboard.
It all comes across as a rather innovative take on the automobile from a design firm known for doing exactly that with its annual Geneva show cars. There's plenty more to digest in the press release, so check it out along with the video footage below and scope out the hundred-plus high-resolution images in the gallery above.

Tesla's new $408 per month business lease deal for Model S reminds us of last 'revolutionay' deal

Almost exactly a year ago, Tesla Motors announced what it called a "revolutionary" lease deal for the Model S. Since the electric automaker used some unusual assumptions in its calculations to get to a headline-worthy $500-a-month "true cost of ownership," the company had to quickly change its tune. Some of the same assumptions are back in a business lease deal from new subsidiary, Tesla Finance, for $408 a month (sort of) that was announced today. Tesla is touting the easy-to-understand lease agreement, which takes all of three pages and is "written in plain language." The agreement can also be signed digitally on the car's touchscreen when the car arrives. That, plus the low cost, is the good news. The business lease program is currently only available in ten states. The estimated effective cost of $408 a month sure sounds great but, just as with the first consumer lease plan for the Model S, there are a lot of caveats to be aware of. For one thing, the actual monthly payment is $1,012, well over twice the $408 number. Tesla estimates that you'll save $261 a month in gasoline costs and $343 a month in business tax benefits (with Tesla calculating a 40 percent effective tax rate and 70 percent business use). Those gas savings, "are calculated assuming $0.11 per kilowatt hour compared to paying $4.90 per gallon for premium gasoline with a fuel efficiency of 20 miles per gallon," so if your business already runs a fleet of Toyota Priuses, you can forget the $408 number. Oh, and the business lease program is currently only available in ten states - CA, CO, CT, FL, IL, MA, MD, NY, TX, and WA. Yes, that list includes Texas, where you can't officially buy a Model S. Tesla spokeswoman Shanna Hendriks told AutoblogGreen that the company has a lessor's license in the state of Texas, which allows it to offer the business leasing deal there. The dealership license, which the company can't get in Texas, is the thing that is preventing sales. No matter which of the ten business lease states you're in, the first vehicles under this program have an estimated delivery date of June 2014. Read more below. Tesla Business Leasing By The Tesla Motors Team April 8, 2014 A year ago, Tesla introduced a Resale Value Guarantee that gives customers the option to return their Model S after three years for a known value.