2023 Tesla Model X on 2040-cars

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Demand for electric car rentals unplugged by range anxiety

It's the hurdle that electric vehicles must clear to be launched into the mainstream: range anxiety. But this time it isn't prospective customers who worry about running out of juice, Bloomberg reports, but renters who return to car rental agencies before their lease is up and trade their EVs in for more traditional gasoline-powered autos and gas-electric hybrids.
"People are very keen to try [electric vehicles], but they will switch out of the contract part way through ... they think they can't get to a charging station," says Lee Broughton, head of sustainability at Enterprise. Enterprise customers who rent EVs reportedly trade them in 1.6 days into the rental period on average, which compares unfavorably to the six- to seven-day rental periods of traditional, fuel-burning automobiles.
Christopher Agnew, an analyst at MKM Holdings LLC, says that longer range would help rental customers' range anxiety, especially since they are usually renting vehicles in unfamiliar places.

Tesla Model X to outsell Model S, 'devour' premium SUV market

It's still about a year away, but the arrival of the Tesla Model X is already expected to have a major impact on the premium SUV market. According to Morgan Stanley, the all-electric Model X, Tesla's third model following the Roadster and Model S sedan, is "ready to feast" on the current crop of high-end SUVs.
Not only does Morgan Stanley expect the Model X to do well against other vehicles in its class, it's expecting the new SUV to even outpace the critically acclaimed Model S, with the X accounting for a larger share of sales by the end of 2016. The sales boost provided by the Model X should also contribute to a healthy jump in Tesla's current $250 stock price. MS is expecting Tesla shares to hit about $320, and has called it a "top pick in US autos," according to The Los Angeles Times.
As for how Morgan Stanley is expecting such strong results for a car that literally no one outside of Tesla has driven, it cites Elon Musk's company's increased access to both money and technological expertise relative to the Model S project. The firm also points to Tesla's larger investments in the Model X project so far.

This is what it takes to make the world's most expensive Tesla Model S

New Tesla or condo? That's one question you may come up with when you see this video from T Sportline that shows a Model S with enough extras to jack its price up to $205,820. Al & Ed's Autosound of West Hollywood, CA, which has a history of such things, did the honors. So here's the recipe. You start witt the $85,900 base price for the 85 kilowatt-hour Model S. That pricetag jumps to $123,770 with goodies such as the "performance plus" set-up (including fiber spoiler and red brake calipers) for a tidy $6,500, "smart air" suspension ($2,250), "tech package" ($3,750), ultra high-fidelity sound system ($2,500), panoramic sunroof ($2,500) and 21-inch grey turbine wheels ($4,500). And then the fun really starts. For instance, those wheels get upgraded to "GhostGold" forged wheels for $7,500, "exterior 3M change wrap" runs $6,000, carbon-fiber body kit goes for $5,250 and the "audiophile upgrade" costs $9,500. Finally, get a load of the "bespoke" made-to-order interior upholstery. That'll run $25,000. And before you know it, you have a mean green machine that's almost twice as expensive as Justin Bieber's chrome Fisker Karma. And from a solvent company, no less. Al & Ed's is no stranger to pushing Tesla EVs way out into the proverbial high-rent district. The team used the 2009 Los Angeles Auto Show to show off a Tesla Roadster with about $50,000 worth of goodies were added. Earlier that year, they customized another Roadster to include, among other things, Mercedes-Benz leather. We've got archive coverage of those cars but we expect you'll be more interested in the new video from T Sportline of the swanky Model S below. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.