backtop


Print 70 comment(s) - last by wordsworm.. on Feb 22 at 1:08 AM


Tesla Model X electric SUV crossover vehicle
It was also the third most searched term on Google

Just last week, Tesla Motors revealed the all-electric Model X crossover, which is the follow-up to its Model S. It has been less than a week since the EV's introduction, and it has already achieved star status with car lovers everywhere.

According to The Detroit News, Tesla received $40 million in pre-sales of the all-electric Model X just one day after unveiling the car. It was also the third most searched term on Google.

"On Thursday evening, the night of the reveal, traffic to teslamotors.com increased 2,800 percent," said Tesla. "Two-thirds of all visitors were new to the website."

The all-electric Model X was introduced for the first time on February 9. The new EV features dual motor all wheel drive, the choice between a 60 or 85 kWh battery, and falcon doors. The Model X can sprint from 0 to 60 in about 4.4 seconds, and offers a rear-mounted 300 HP motor and an optional 150 HP front-mounted motor. The driving range is between 214 and 267 miles.

Price hasn't been announced for the Model X yet, but Tesla said it will be competitively priced with other premium SUVs.

While the Model X has been receiving plenty of attention, it's not the only one. The Model S, which is Tesla's full-sized battery electric sedan that is expected to be delivered in mid 2012, had a 30 percent boost in reservations last week after the Model X was revealed.

Tesla initially entered the electric vehicle arena with the Roadster, which is a $100,000 two-seater that launched in 2008. The Model S is Tesla's second electric vehicle, which features a 40 kWh lithium-ion battery pack (or 85 kWh battery pack in the top-end model), 160-mile range (300 miles on the top-end model), and a $57,400 to $87,400 price tag.

Model X production will begin at the end of 2013, with market launch scheduled for 2014. It is expected to qualify for the $7,500 tax credit, and Tesla hopes to produce 10,000 to 15,000 units annually.

Sources: SlashGear, The Detroit News



Comments     Threshold


This article is over a month old, voting and posting comments is disabled

RE: interesting
By Iketh on 2/15/2012 11:24:32 AM , Rating: 2
Because it gets the ball rolling on adapting electric vehicles, which everyone will benefit from, especially our children. If people are buying the techonology, the techonology will advance exponentially.


RE: interesting
By Reclaimer77 on 2/15/2012 11:54:27 AM , Rating: 2
We're leaving our children a wrecked economy, a massive Government which is addicted to debt and subsidies, and social entitlements that will dwarf every penny they earn and pay taxes to.

EV's are your silver lining I guess. What a benefit!


RE: interesting
By Spuke on 2/15/2012 12:13:34 PM , Rating: 2
quote:
Because it gets the ball rolling on adapting electric vehicles, which everyone will benefit from, especially our children.
Please state exactly how this will happen.


RE: interesting
By acer905 on 2/15/2012 12:52:30 PM , Rating: 1
Well... In theory at least spurring the development of EV tech will either give viable alternatives for a world where the oil supply is cut off for some random reason, or help Doc Brown create a new DeLorean time machine that can have both the time circuits and the drive-train powered by Mr Fusion.


RE: interesting
By titanmiller on 2/15/2012 7:32:35 PM , Rating: 2
We need rich people to buy EVs so that a nationwide network of charging stations can be built. Once the basic charging infrastructure is in place it will make sense for normal people to buy electric vehicles, which by the way, will get cheaper due to the R&D money spent on the high end cars.


RE: interesting
By Reclaimer77 on 2/15/2012 7:35:41 PM , Rating: 2
That makes NO sense and isn't how things get adopted. Rich people have several cars. When using an EV isn't convenient, they will just use another. So they have no reason to care about chargers being everywhere. Rich people can also afford the best chargers for their own personal use.

Unless there's no benefit for the majority, rich people using EV's are NEVER going to be anything more than a niche status statement.


RE: interesting
By Spuke on 2/15/2012 11:11:05 PM , Rating: 2
quote:
We need rich people to buy EVs so that a nationwide network of charging stations can be built.
This wouldn't happen even if EV sales matched those of sports cars. The really wealthy (the people buying Tesla's), typically don't keep their cars very long (ever check the mileage on a Ferrari?) cause they don't have to. Even their "beater" cars are niche. Niche cars don't get fueling stations, dealerships, cell phone antenna's along the side of the freeway or even the freeways themselves built. It's the millions of Corolla's that accomplish that task. The only thing that will be done is the lightening of our wallets to pay for these people to drive EV's. Nothing else will come of it. Once the wealthy tire of this latest fad (and they will), they'll move on and Tesla will be out of business.


RE: interesting
By Reclaimer77 on 2/15/2012 11:29:23 PM , Rating: 1
LOL yeah by EV proponents logic, we should all be driving Ferrari's by now. After all, they've had decades of early adopters paying premiums so one day we can enjoy those toys too! Dammit, where's my Enzo!!??

quote:
Once the wealthy tire of this latest fad (and they will), they'll move on and Tesla will be out of business.


Exactly. Once the Leonardo DeCaprio's of the world get their pre-order, then what?


RE: interesting
By Spuke on 2/16/2012 12:48:26 AM , Rating: 2
quote:
LOL yeah by EV proponents logic, we should all be driving Ferrari's by now.
It just sounds retarded, doesn't it? Where's that V10 Civic I've been waiting for? LOL!

quote:
Exactly. Once the Leonardo DeCaprio's of the world get their pre-order, then what?
I'll be surprised if they even fulfill all of their orders. But, nevermind that for a second. I'm still stuck on these people believing that there's going to be a $20k EV (2010 dollars) showing up in the next 5 years.


RE: interesting
By Cheesew1z69 on 2/16/2012 8:23:52 AM , Rating: 2
Now I want a V10 Civic SI damn it! :o


RE: interesting
By Just Tom on 2/15/2012 12:21:39 PM , Rating: 2
quote:
If people are buying the techonology, the techonology will advance exponentially.


I think exponentially might be a bit of a stretch.


RE: interesting
By Keeir on 2/15/2012 2:20:29 PM , Rating: 2
Well..

Think a second. While that might be a good goal (not saying it is or is not), I think you need to question the effectiveness of the tax credit on Tesla models in acchieving this end.

1.
The very lowest price Tesla is 57,500 dollars. The average Tesla model is in excess of 75,000 MSRP. Therefore, it doesn't seem a stretch to say the effect on pricing of a Tesla is less than 10% typically. This is a very minor effect on the sales of the model. Thus, the credit level doesn't really do much for Tesla. Tesla would sell nearly as many without the credit.

2.
Consider the price of the Tesla models, it is unlikely "average" people who use their car everyday are principly buying Teslas. A signficant fraction are going to private car collectors or image concious people who will rarely if ever drive the car. In this way, a tax credit on those cars, is extremely wasteful. Little to no "social benefit" is being created...

Overall, I'd say a tax credit on models over 50,000 is fairly useless. Since its fairly useless, its pretty much a waste, no matter how you come down on the "rightness" of concept.

Waste is bad, m'kay

(A side note, if you're a jerk who buys a Tesla to keep in a garage, consider buying 4 Priuses and giving them away to people driving old cars instead. Over the long term, you've done a lot more to help the enviroment.)


RE: interesting
By web2dot0 on 2/15/2012 3:17:52 PM , Rating: 1
The tax credit is not specifically designed for Tesla vehicles. It's for ALL Zero Emission vehicles. Why single out Tesla?

This is a tax incentive. Not a hand out. Your taxable income is your income - $7500. At least according from what I know.

So to say that the gov't is handing out money to Tesla owners is just not true. It's an incentive, not a free for all.


RE: interesting
By Keeir on 2/15/2012 3:21:16 PM , Rating: 2
quote:
Why single out Tesla?


Look at the title of this blog post? Maybe discussing specifically discussing Tesla models on a Tesla blog post is somehow nonsensical?

quote:
This is a tax incentive. Not a hand out. Your taxable income is your income - $7500. At least according from what I know.


Then you need to read.

Its

You Tax Owned - 7,500. Yes it requires that you own at least 7,500 dollars in income taxes total within ~3 year period (carryover). Its not a deduction, its a credit.

quote:
So to say that the gov't is handing out money to Tesla owners is just not true. It's an incentive, not a free for all.


You need to think a little bit more.

Anyone who purchases a qualifying car, regardless of income, is able to receive a tax credit of 7,500 that they can carry over to the prior year or the future year. Qualifying cars used to be any car that had a battery over a certain size, allowing even golf carts to qualify. Thankfully, this loophole has been removed. Since a Tesla owner can afford a 75,000+ car, its not really a huge leap to think that over 3 years they could take advantage of 7,500 reduction in their taxes.

So how is this not a "free for all"?


RE: interesting
By The Raven on 2/16/2012 1:23:16 PM , Rating: 2
Do you mean how VHS advanced the technology of video recordings? I'm sure Sony would have something to say about that. Maybe you also would want to subsidize laserdiscs while we are at it. Hell let's just subsidize anything that anyone finds beneficial in order to further the development of these technologies. How about let's put boner pills on the top of the gov't's list!!


"DailyTech is the best kept secret on the Internet." -- Larry Barber














botimage
Copyright 2014 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki