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Tesla Unveils The Model S 60 at $66K..... effects on the Model 3

Discussion in 'Model 3' started by juanmedina, Jun 9, 2016.

  1. juanmedina

    juanmedina Member

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    Tesla unveils new lower-priced Model S electric sedan

    Top of the line model 3 less than $66K :)... is possible and only 5K for the dual motor option
     
  2. flamingoezz

    flamingoezz Member

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    It may take a few hundred M3 sales from people who just can't wait or REALLY need a hatch and couldn't afford the rangier S models.. but overall i don't see a huge effect.

    It's stil 30K more for less range than the M3. It does come with free supercharging and is probably a little roomier, but I'm not sure that is swaying people waiting for the M3 to shell out the dough for it.
     
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  3. Jason Bourne

    Jason Bourne Member

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    I think it's the same argument about a person buying a loaded 3-series vs a base model 5-series.
     
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  4. ModelNforNerd

    ModelNforNerd Active Member

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    I did my own napkin math.

    Tempting, but in the end, I'll wait on my Model 3. I'm hoping for more range out of the max Model 3, as well as more options, for the same amount of money a base Model S goes for now.
     
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  5. crackers8199

    crackers8199 Member

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    interesting part to me is the battery...clearly it's a 75kwh battery that is software unlockable after the fact. i think this pretty much confirms the will be shooting for one battery for the model 3, and the available size will be controlled by software. same for the high amp charger...
     
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  6. Tes LA

    Tes LA

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    I can't afford that right now and my 3 won't be loaded so I'll wait. I'm happy they did this though. I think it will inspire some people to pull the trigger.
     
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  7. ModelNforNerd

    ModelNforNerd Active Member

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    semi-troubling though.

    Are 60's going to have reduced range, simply because they're lugging around the extra weight?
     
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  8. Booga

    Booga Member

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    #8 Booga, Jun 9, 2016
    Last edited: Jun 9, 2016
    Price and range aren't there. It's $20k too much and 90 miles short on range. Even if those were fixed, I'd rather wait for AP v2 to be announced at this point.
     
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  9. bro1999

    bro1999 Member

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    Compared to a 60 without the extra battery, yes. But there are no more "regular" 60's being offered for sale new, so that point is sorta moot. Seems the NEW 60 still has a higher range rating than the original 60.
     
  10. electracity

    electracity Active Member

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    I don't know. The new model 3 offer is designed to bring in new buyers now. A software upgradable model 3 pack would cause many people to reduce their initial purchase price at little benefit to Tesla.
     
  11. stopcrazypp

    stopcrazypp Well-Known Member

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    #11 stopcrazypp, Jun 9, 2016
    Last edited: Jun 9, 2016
    Disagree. Everything points to the S60 being a niche car (much like S40 was a niche) and the S sells in lower volume in the first place. Thus Tesla can afford to do this (as they did with S40). The Model 3 base model however will sell a lot more even if it is not the majority of Model 3 (although there is a distinct possibility that unlike the S, most people will choose the base for the 3).
     
  12. JeffK

    JeffK Active Member

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    With the 75 kWh battery being software unlockable it reaffirms my belief that the 75 kWh battery is built into base price in addition to a 20%+ margin. The software upgrade therefore is pure profit. Well done!
     
  13. model3fan

    model3fan Member

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    Everyone in front of me in the Model 3 queue should totally go for the S60!
     
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  14. Booga

    Booga Member

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    They might have an expected upgrade % baked into it. Sometimes, a lower sticker price is to get people into the store and not worry so much about the price. If they believe only 5% of people will walk out with a 60 kwh battery, then that 20%+ margin is likely really carried by the folks upgrading for the 75 kwh capacity. If the calculations somehow become the source of a major issue, they can always give a lower priority to delivery without the upgrade.

    This is like the airline miles game - the airlines have redemption assumptions baked in. On any one customer, it might be a loss for them to issue the points, but given the number of people who will not use them fully, it works out on the whole.
     
  15. N5329K

    N5329K Member

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    Nice car but it's still too big.
    Robin
     
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  16. MissAutobahn

    MissAutobahn Elon, please ramp up Fremont in ludicrous mode!

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    Maybe they'll play the same game with the M3? You buy standard M3 (about 55kWh) but you get a car with hidden 20kWh on top...
     
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  17. JeffK

    JeffK Active Member

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    It would definitely make manufacturing easier to produce one battery pack for every car. You've got to love that $500 penalty if you upgrade after purchase.
     
  18. ModelNforNerd

    ModelNforNerd Active Member

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    They likely justify that as "IT expense". Servers and bandwidth and whatnot for the OTA push.
     
  19. WileyTheMan

    WileyTheMan Member

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    Seems to me it's just an indication that the batteries are now cheaper for them thanks to the gigafactory, and they can afford to put a carrot out there for those who don't want to wait for the M3. It really costs them nothing to do this, and its pure profit if buyers opt for the "upgrade".
     
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  20. el crucero

    el crucero Member

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    The S is a nice car, but I don't want an S! I want a T3! The T3 meets more of my requirements vis a vis size, price, and image. Love that pano roof and dash on the T3.
     
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