2015 Tesla Model S 85d Sedan 4d on 2040-cars

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Why Tesla's $35,000 Model E is a pipe dream

A car that costs 80 percent as much to produce as another can't be half the price. That's the simplistic version why Stanphyl Capital Management says Tesla Motors will not be able to sell its "mass market" sedan for the low, low (by luxury electric-vehicle standards) Elon Musk-backed price of $35,000. In fact, the California-based automaker will take about a $13,000 bath for each unit it sells of the new vehicle, now referred to as the Model E. Stanphyl Capital Management breaks down the fourth-quarter costs and revenue associated Tesla's Model S, of which it sold about 6,900 units during the last three months of the year. In a nutshell, Tesla generated a whopping $106,000 per vehicle sold, with about two-thirds of the company's gross profit coming from battery and optional upgrades. And while Tesla may be able to get the Model E battery costs down to about $8,100 compared to the $15,600 cost of the Model S battery (the smaller car will use a smaller battery that will provide about a 200-mile single-charge range), all of the other stuff brings the Model E's unit cost up to about $48,000. That compares to the $59,600 average cost of a Model S. Fremont, we have a problem. Reports came out in December saying that the Model E may be unveiled at one of next year's auto shows and sales could start as early as 2016. The argument against the possibility of a $35,000 Model E may sound reasonable on paper, but more than a few people have lost money betting against Elon Musk. You can read more at ValueWalk.

Tesla owners go grassroots to promote their favorite EV in Iowa

A month or so ago, the Iowa Department of Transportation stepped in to prevent Tesla Motors not only from selling the Model S in the state, but even from offering test drives. That move didn't sit right with some people, but it's not stopping the EV-curious in Iowa from learning about the popular electric vehicle thanks to Tesla's dedicated fan base. A small number of Minnesota Tesla owners drove to Urbandale, Iowa this past weekend for a mini-EV meet-up in a strip mall parking lot. The event included test drives, a number of converted EVs (some the work of Nabil Hanke's Electric Dream Machine shop) and lots of explaining what a 'frunk' is. As a Model S owner identified only as Jason told local TV station KCCI, "This isn't us fighting anything. I think everyone here understands that this is really about sharing new technology." You can watch a video report over at KCCI 8 News. It's easy to see why Tesla owners love their cars and the brand as a whole. Tesla just announced that its network of Superchargers has "delivered 14.3M kWh of energy worldwide, saving 2M gallons of gasoline and offsetting 50M pounds of carbon dioxide. The price for this energy to Model S drivers: $0.0." When the Iowa DOT put the kibosh on the test drives, the state joined others, most recently Michigan, in restricting what the electric vehicle maker can do to promote its products. In some states, the company is allowed to sell vehicles in its stores but in places like Iowa, potential buyers need to order online and then take direct delivery. Events like the one in Urbandale are a different way to drum up EV interest.

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.