Performance Tesla Model 3 On Sale This Week! …And Other Tesla News

The Performance Telsa Model 3 goes on sale this week! Thanks to Wunder Capital for supporting this episode. Learn more about them at https://teslanomics.co/wunder

// Elon Thanks for the Couch!
https://twitter.com/elonmusk/status/994468381897048069

* 18K going to Charity
* 7,200 of it to Renewable World
* Check them out at renewable-world.org

// Cameo in Tesla 2018 Promo Video
https://www.youtube.com/watch?v=azUbCdcAeFM

Model Y teaser
Model 3 performance
Shot of roadster – where are the mirrors?

* Not how to Log while going 0-60 in 1.9
* Was at Semi unveiling
* Because I have enough referrals to get roadster I got to ride for free
* Otherwise you needed a deposit
* Check out Dan’s blog from the event https://www.youtube.com/watch?v=wlcCRbTSPgw

// CA Requiring Solar on New Homes, Tesla Going to Dominate?
https://www.bloomberg.com/news/articles/2018-05-09/california-votes-to-require-rooftop-solar-power-on-new-homes

* Quantum leap forward for renewable in CA
* Almost all new homes (exceptions where it doesn’t work)
* The new policy applies to single-family houses and multifamily units that are three stories or less, and there are some exceptions for homes that are too shady.
* Part of Gov Brown’s plan to reduce carbon emissions by 40% (but he’s retiring)

* Will Tesla dominate? Not likely…
* They don’t make a ton of solar yet, still ramping up in Buffalo with Panasonic
* New solar roof could be a boon but cost could curtail it’s adoption

* Could increase home prices, which is bad, but in the long-run it’ll be better

* Just interviewed Bryan Birsic of Wonder capital, check it out
* Learn more about wonder at https://teslanomics.co/wunder

// AAA Survey finds 20% of Americans Plan on buying Electric
https://newsroom.aaa.com/2018/05/1-in-5-us-drivers-want-electric-vehicle/
https://www.usatoday.com/story/money/cars/2018/05/08/electric-cars-aaa/586987002/
* Survey data
* 20% up from 15% in 2017
* Among those unsure or unwilling to choose an electric vehicle for their next car, 63 percent (down 9 percent from 2017) cited not enough places to charge as a detractor while 58 percent (down 15 percent from 2017) expressed concern over running out of charge while driving.
* Not surprisingly, range anxiety is less of a concern for millennials (48 percent) than Generation X or Baby Boomers (64 percent and 66 percent, respectively).
* Reliability is king with nine-in-ten (92 percent) of those likely to by an electric or hybrid vehicle stating it is important when evaluating which car to buy.

In 2018, the following vehicles earned AAA’s Top Green Vehicle award:
* Why no model 3?

// Tesla Australia Battery
https://electrek.co/2018/05/11/tesla-giant-battery-australia-reduced-grid-service-cost/
https://reneweconomy.com.au/the-stunning-numbers-behind-success-of-tesla-big-battery-63917/
* 6mo of operation
* When it takes over, prices usually soar
* Tesla complained they’re not being compensated fairly
* Prices for this time went down by 90%

* Renewable + Battery Storage is the answer!

// Boring Tunnel in LA almost complete
https://electrek.co/2018/05/10/elon-musk-video-boring-companys-first-completed-tunnel-los-angeles/
* Elon video on Instagram
* Loop under LA
* Free public rides in a couple months
* I get to ride a boring machine some day right?
* What do you think? Nervous about it?

// Interior refresh on Model S and X
https://electrek.co/2018/05/08/tesla-updates-model-s-model-x-new-interior-finish/
* Not as substantial as thought
* Does apply to those who have outstanding orders
* If you were holding out, time to order

// Model 3 vs Premium Mid-Size Market
http://files.shareholder.com/downloads/ABEA-4CW8X0/5804651604x0x979026/44C49236-1FC2-4FD9-80B1-495ED74E4194/TSLA_Update_Letter_2018-1Q.pdf
* Use Model 3 Ramp to predict market penetration
* Compare to BMW 3, MB C-Class, Audi A4

What about sales? When will Model 3 become the leader?

* Sourcing competition from http://www.goodcarbadcar.net/
* Using Log Growth Model and assuming 5K max production for model 3 https://teslanomics.co/tesla-model-3-ramp-estimator/

// Model 3 AWD and Performance
https://twitter.com/elonmusk/status/994980692160217088
* End of next week, stay tuned!
* Production in July
* Air suspension next year (WOW)
* Should I order one?

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Comments

James B says:

Does anybody know if the all-wheel drive model 3 will be the standard battery or the long range?

Marcus M says:

No mirrors has been done so many times and they always come on when it’s time to ship because of legal trouble.

Stop Motion Gags says:

1st comment! Thanks for making sense of Elon!

jason granovsky says:

Do you think charging prices are going to reach gas prices soon?

Gabriel Vargas says:

I remember that you said that you don’t believe on the Boring Company. did you change your mind?

Cloxxki says:

…how much we believe in Elon, our leader.
Culttime is over. This is a full on sect!

tecnocato says:

In the Tesla video:
• It is not the Model Y, I suspect because 1) it matches the Model 3 perfectly and 2) completes the story behind the video that shows the Model 3 development.
• All Model 3 cars in the reveal were AWD with 20 in rims.
• Yes, some solar works were here in Puerto Rico. 🙂

About your question: Do it! You want to. We want the P but ouch! Let’s hope for $20K (or less?) for AWD + P. Elon does like to give hardcore smackdowns to gasoline cars.

Donovan says:

Wondering if the performance Model 3 will be only dual motor or the option for RWD also…..

Jackson Lawrence says:

Aren’t you looking at US car sales whereas the Model 3 Production is for worldwide sale?

Martin Giroux says:

Wouldn’t you get the $7500 tax credit if you got the performance car?

Buddy308 says:

Ben, you’re a professional data analyst. What sense does it make to calculate a monthly payment on a performance M3 to the nearest dollar? You do NOT have 4 significant figures to work with. Keep it real.

HaroldRBD says:

Do you speak Spanish, you learn in spin right, paisanos????

Donny Tucker says:

Great episode Ben. You should get the performance version, that’s if your wife lets you haha.

L Kendrix says:

YES! Do it! You only live once! Tomorrow is not promised! When you leave here you’ll take nothing with you! Your son will cherish that car!

jason granovsky says:

I think that there are going to be mirrors, because what I have noticed is that the model x and semi prototypes didn’t have mirrors then they got put in for the production model.

larry Spiller says:

Getting the performance model would also certainly bring more subscribers to the channel so I’d think of it as growing the channel. Sure you could not and continue on just fine but being at the bleeding edge is worth it

Skylar Parks says:

Cool

SaGaPhoto_de - Samuel Gall says:

I think the performance model3 will officially make 3.5s 0-60mph and will be about 7.000$ cheaper than you calculated 😉 Looking forward to get the numbers 🙂

Jeremiah John says:

I’d be surprised if they were willing to make the model 3 as fast as a performance model s, that would really undercut it’s value.

Mike Harvey says:

Ha thought it was you in the Tesla video

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