2016 Tesla Model S * 79,813 Original Low Miles * on 2040-cars

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Tesla staring down California dealer ad probe request

Months after the confusing announcement of Tesla's lease-like financing program, the electric vehicle maker could face an advertisement probe that has been requested by the California New Car Dealers Association, Automotive News reports, which claims that consumers are being mislead by advertised monthly payments that are lower than what most people would experience.
The ordeal can be traced back to April 2, when Tesla made an announcement specifying tiered monthly payments for the three versions of the Model S assuming a 66-month term. But then Tesla revised the numbers upward overnight because, it claimed, it meant to say it offered a 63-month finance term, not a 66-month term. The automaker also claimed that factoring in the "true cost of ownership" of a Model S compared to a conventional fuel-burning car could drive monthly costs to below $500.
In May, it added an available finance term of 72 months, which, factoring in only gasoline savings, the company said could lower monthly payments to $580. But the underlying issue at hand is that the means which can potentially lower monthly payments from $1,000+ dollars (depending on the model) to under $600 can't be realized by the majority of Americans, the CNCDA says.

Autoblog Minute: VW financial woes continue, Tesla Model X dazzles

Volkswagen sees its financial woes continue, and Tesla reveals the all electric Model X crossover. Autoblog's Greg Migliore reports on this edition of Autoblog Minute Weekly Recap. Update: The post has been updated to show the complete range of estimated MPGe specs for the Model X P90D and not just the 92 combined MPGe. Show full video transcript text [00:00:00] Volkswagen sees its financial woes continue, and Tesla reveals its all electric Model X crossover. I'm Senior editor Greg Migliore and this is your Autoblog Minute Weekly Recap. Volkswagen has been removed from the DOW Jones Sustainability Index, or DJSI. A decision that takes effect on October 8th. Removal from this key index is yet another black eye for the embattled automaker and it [00:00:30] indicates VW's fall as a company leads the way in economic, environmental and social performance. Ever since the emissions scandal broke the world's top selling automaker's stock has struggled. Reports estimate VW's losses to be a staggering 30.8 billion dollars. Tesla rolled out the Model X this week. A live web-stream showed us what to expect. Like, how the Falcon Wing doors adapt to tight parking spots and low garages. Towing capacity [00:01:00] was also demonstrated. The CUV is said to be able to haul 5,000 pounds, while carrying 7 passengers and luggage. Still, there was no mention of how towing would affect battery life or the range of the all electric crossover. The Model X also boasts a giant air filtration system with a "Bioweapon Defense Mode," a feature that is said to protect passengers against bacteria, harmful gasses and as Elon Musk joked, possible apocalyptic events. [00:01:30] Stay tuned. According to early EPA estimates, the Model X 90D has a range of 257 miles with 90 MPGe city, 94 highway and 92 combined MPGe. Those are the highlights from the week that was. Be sure to check out my full weekly recap this Saturday. Plus I'll have some added insight into Mazda's new sports car. For Autoblog, I'm Greg Migliore. Autoblog Minute is a short-form video news series reporting on all things automotive. Each segment offers a quick and clear picture of what's happening in the automotive industry from the perspective of Autoblog's expert editorial staff, auto executives, and industry professionals. Tesla Volkswagen Crossover Diesel Vehicles Electric Autoblog Minute Videos Original Video vw diesel scandal

Governor Rick Perry backs bid for Tesla Stores in Texas

It's funny how the prospect of a $5-billion investment in a state has the ability to focus minds. Take Texas, for example. The Lone Star State has long had laws prohibiting automakers from selling directly to consumers, even if the manufacturer didn't already sell through franchise dealerships. Last year, a bill went to the legislature that would have allowed Tesla Motors to sell directly to its customers, but despite entreaties and a visit from CEO Elon Musk, lawmakers didn't pass it. Sure, Texans can still buy the a Model S, but the process is a bit cumbersome. With the prospect of an expensive battery gigafactory and the jobs it would bring, however, Texas Governor Rick Perry taken to the airwaves cable news outlet Fox Business to make his supportive position known. To be fair, the one-time Republican Presidential hopeful has been in favor of Tesla's sales model for some time. The difference now is he is being proactively vocal about it. Appearing on Opening Bell with Maria Bartiromo, Perry spent close to eight minutes pitching a new approach to dealership laws in his state, at one point referring to the traditional dealer model as "antiquated" and encouraging legislators to have an "open and thoughtful" conversation and decide whether or not they want to lead the country when it comes to manufacturing. If you think that he has become warm and fuzzy about environmental issues, Perry reminds us after a brief discussion on 2014 and 2016 elections – yes, he may run again – that he has no qualms about continuing to rely on fossil fuels, stating that he thinks the most important thing the federal government can do to impact the economy right now is to "say yes" to the Keystone XL pipeline. You can view the segment in its entirety be simply scrolling below.