From Car and Driver
Tesla announced at Battery Day that it has opened preorders for the $139,990 Model S Plaid.
The Model S Plaid has 1100 horsepower and can do zero to 60 mph in less than two seconds, CEO Elon Musk claimed.
The vehicle has a range of 520 miles, besting Lucid’s upcoming Air.
Update 10/2/20: In a Twitter exchange, Tesla CEO Elon Musk confirmed that the Model S Plaid will be equipped with the structural battery and more efficient 4680 cells the company announced during its Battery Day event in September. The new battery pack and cells will increase efficiency while lowering weight and increasing the rigidity of the vehicle according to Tesla. It also explains the 520-plus mile range expected from the Model S variant.
At its Battery Day event on September 22, right at the end and just ahead of the Q&A, CEO Elon Musk introduced
(Bloomberg) — Tesla Inc. is set to launch its first Model 3 sedan equipped with cheaper batteries in China as soon as Thursday, allowing it to cut the cost of vehicles and boost sales in the world’s largest electric-vehicle market, people familiar with the matter said.
The mass-market Model 3s with the new batteries from a Chinese supplier will sell for 249,900 yuan ($36,800) after government subsidies, bringing the starting price of Tesla’s basic model down by almost 10%, one of the people said. The cheapest current models are 271,550 yuan after subsidies.
An advertisement for the Tesla Model 3 is displayed at a dealership in Shanghai.
Photographer: Qilai Shen/Bloomberg
Tesla’s new powertrains are expected to include a cobalt-free lithium iron phosphate (LFP) battery made by Ningde, Fujian-based Contemporary Amperex Technology Co. Ltd. The battery has a cheaper mix