Fisker dropped a bombshell when it announced significant price cuts for the 2023 Ocean. The entry-level Ocean Sport with a $24,999 beginning MSRP (not together with vacation spot) makes it the most affordable electrical automobile within the United States. But after appreciable looking out and a dialog with Classic Fisker in Atlanta—the one dealership listed on the corporate’s web site—we discovered an issue. It appears this ultra-cheap luxurious SUV would not exist. Furthermore, the midrange Ocean Ultra at $34,999 could be a fairy story, too.
Fisker has not returned a number of requests for remark, and we spent 20 minutes listening to Fisker’s maintain music whereas looking for a gross sales session. As a last-ditch effort, we despatched an e-mail request for 2023 Ocean Sport info by way of the corporate’s web site, and have not acquired a reply. However, even with communication roadblocks and the potential for a Fisker bankruptcy, a $25,000 Ocean remains to be tempting.
The solely success we had in getting info got here from talking to a specialist at Classic Fisker. He did not mince phrases concerning the $25,000 Ocean Sport.
“I would caution you and other customers—Sports don’t exist right now,” he mentioned. “The $25,000 Sports, they’re not even here in the US right now. The Ultras at $35,000, they don’t exist in the US right now.”
There is a caveat to the Ocean Ultra. The specialist did say Fisker had Ultras within the nationwide stock, however all of them had some degree of choices that raised the value significantly. And if 2023 Sports do find yourself arriving within the US now, in 2024, they’d probably be by way of the Port of Baltimore, which is currently impacted by the collapse of the Key Bridge.
“The base MSRP is not reflective of the optioned MSRP,” he defined. “When you look at this sitting inventory, there are no base Ultras available.”
This conflicts with Fisker’s press launch on the value drop for 2023 fashions, which states some automobiles “come equipped with as much as $7,000 worth of additional options—such as colors, 22-inch wheels, interiors, and other options—included in the discounted price.” But within the tremendous print, Fisker additionally states that “pricing is subject to change and will be based on your final vehicle configuration.”
So, what do you have to do in case you nonetheless need to roll the cube on a reduced 2023 Ocean? For starters, neglect goals of an ultra-cheap luxurious SUV and goal in the direction of an optioned-up Ultra or an Extreme, which will get the most important worth reduce of the bunch at $37,499. Based on what the specialist at Classic Fisker advised us, that worth is also a pipe dream relying on the choices put in. But, there are Oceans accessible—roughly 1,000 to 1,500 in response to the dealership.
“We’re here to service customers in the state of Georgia, obviously we’ll address customers that want to call us from all over the country and do our best to help,” he advised us. “If you’re out of state and want to purchase a car, you’re welcome to contact Fisker directly, which is what the majority of customers are doing, and you can purchase any of the available inventory.”
If Fisker company responds to our requests for remark, we’ll replace this story.
Fisker simply introduced main worth cuts for 2023 Ocean fashions, and we imply main. The entry-level Ocean Sport now prices $24,999 earlier than vacation spot fees. That simply makes it the most cost effective EV in America by a large margin, beating the Nissan Leaf by a couple of grand. In truth, the Ocean simply slots onto our list of the cheapest SUVs you should buy.
It’s not simply the bottom mannequin getting a tempting price ticket. Fisker reduce the range-topping Ocean Extreme almost in half, dropping $24,000 from the sticker. It now begins at $37,499 (down from $61,499) and that will get you a dual-motor SUV with 564 horsepower in Boost Mode and a 0-60 mph time beneath 4 seconds.
The Ocean additionally has an EPA-estimated vary of 360 miles and comes customary with niceties like a panoramic sliding roof, a plethora of driver-assist programs, a banging stereo, and extra. Or if that is an excessive amount of, the mid-range Ocean Ultra’s worth is now $34,999 and you continue to have 350 miles of vary with sub-four-second sprints to 60 mph.
We aren’t attempting to promote Fisker Oceans. The worth drops are simply that excessive when in comparison with different SUVs available on the market, electrical or combustion. Furthermore, Fisker says a few of these fashions have as much as $7,000 in choices included in these costs. And whereas they’re 2023 fashions, they’ve the most recent software program put in for 2024.
Price
Range
Ocean Sport
$24,999
231 Miles
Ocean Ultra
$34,999
350 Miles
Ocean Extreme
$37,499
360 Miles
Of course, the elephant within the room is Fisker’s present monetary state. The firm said that, on its current course, there aren’t sufficient funds within the financial institution to make it by way of the tip of the 12 months. Reports of latest talks with different automakers on attainable investments supplied some hope, however these talks—allegedly centered on a partnership with Nissan—ended without a deal.
Fisker struggled to get the Ocean to market, however over 10,000 fashions had been inbuilt 2023 with roughly 4,700 delivered to homeowners. Is this important worth reduce sufficient to woo consumers right into a automobile constructed by an organization that may very well be bankrupt by this time subsequent 12 months? That stays to be seen.
Last week, we witnessed not solely worth cuts on Tata EVs but additionally the announcement of the crash check outcomes for the facelifted Tata Nexon by Global NCAP
In mid-week of February, we noticed some world unveils from Renault and Skoda, whereas Tata introduced important worth cuts for 2 of their best-selling EVs. During the identical week, Global NCAP introduced a brand new crash check outcome, whereas we additionally noticed the check mule of an upcoming electrical automobile from Kia. Let’s take a look in any respect the vital highlights of the week.
Tata Tiago EV & Nexon EV Prices Slashed
Two of Tata’s best-selling electrical automobiles to date, the Tiago EV and Nexon EV, received significant price cuts last week. According to Tata, it has handed on the advantages of decreased battery pack prices to clients, making these autos extra inexpensive than earlier than.
Tata Nexon Gets 5 Stars Again
The Tata Nexon was the primary mannequin in India to attain a full 5-star security score within the Global NCAP crash check again in 2018. Now, in 2024, the facelifted Tata Nexon has achieved full 5-star safety ratings again, this time in each grownup and little one security.
The BYD Seal is an all electrical sedan that was first unveiled in India on the 2023 Auto Expo. Now, the automaker has confirmed its launch date for India. The Seal will mark the third providing from BYD in India, following the BYD e6 MPV and the BYD Atto 3 SUV.
Renault Duster Unveiled In Turkey
The third-generation Duster SUV was unveiled in Turkey last week, this time below the Renault badge. The new Renault Duster is globally provided with each mild-hybrid and robust hybrid powertrain choices, in addition to the choice of an all-wheel-drive (AWD) drivetrain. It is predicted to be launched in India subsequent yr.
Skoda has given a midlife update to the Octavia, which made its global debut last week. The up to date Octavia will get minor adjustments to the outside and inside design. It additionally includes a host of powertrain choices, and the performance-oriented RS variant now packs extra efficiency than earlier than.
BMW 7 Series Security Launched In India
The security version of the BMW 7 Series has landed on our shores. This BMW sedan can stand up to bullets and explosives. It is constructed for high-risk people comparable to excessive rating officers, VIPs, CEOs, and royals who want safety towards any type of assault.
Tesla implements short-term value cuts for Model Y variants within the US, aiming to spice up gross sales throughout a sluggish interval and handle cooling demand and rising competitors.
The value cuts are a proactive measure to defend Tesla’s market share in a crowded EV market, the place established automakers are introducing compelling EV fashions.
Aside from the monetary implications, the value minimize can be a psychological play, utilizing urgency and the concern of lacking out (FOMO) to stimulate buyer curiosity and immediate faster motion.
Tesla‘s story started in 2003, fueled by a imaginative and prescient of a sustainable future powered by electrical autos. The firm’s early years have been marked by daring engineering options and a relentless pursuit of innovation. The Roadster, its first manufacturing automotive, turned heads with its spectacular efficiency and zero-emissions credentials. While commercially restricted, it served as a potent image of the corporate’s ambition.
Following the Roadster’s success, Tesla launched into a mission to make electrical autos extra accessible. The Model S, launched in 2012, redefined the luxurious sedan phase with its glossy design, prolonged vary, and superior know-how. This essential and business success cemented Tesla’s place as a significant participant within the automotive trade.
The Model Y, unveiled in 2020, represented a brand new chapter in Tesla’s journey. This compact SUV affords a mix of practicality, efficiency, and know-how, focusing on a broader viewers. Its rapid rise to the top of the global sales charts in 2023 cemented Tesla’s dominance within the electrical car market. While Tesla reigns supreme, the automotive panorama is present process a seismic shift. Established automakers are pouring sources into creating their very own compelling EV choices, intensifying competitors. Additionally, components like rising materials prices and potential cooling demand within the post-pandemic period add additional strain to the market.
Dive into our complete information on the Tesla Model Y to make an knowledgeable resolution on whether or not that is the EV crossover for you.
In order to provide the newest and correct info potential, the info used to compile this text was sourced from Tesla and different authoritative sources, together with Reuters.
Tesla Cuts Model Y Prices In U.S., Following Similar Move In Germany
Tesla
Tesla has implemented temporary price reductions for specific Model Y variants within the United States. This transfer comes amidst issues about cooling demand, rising competitors, and a concentrate on the manufacturing of its next-generation electrical car. The rear-wheel drive and Long Range Model Y variants have been discounted by $1,000 every. This interprets to a 2.3- and two-percent discount, respectively, from their earlier costs. This brings the beginning costs all the way down to $42,990 and $47,990. The provide is legitimate just for orders positioned till February 29, 2024. Notably, the efficiency variant and different Tesla fashions stay unaffected by this adjustment.
Further proof of cooling demand for EVs comes from rental agency Hertz, which announced the sale of approximately 20,000 electric vehicles, together with Teslas, from its US fleet. This resolution reportedly stems from greater collision and harm bills related to EVs in comparison with gas-powered autos. Tesla’s share value has declined by 22.1-percent year-to-date, reflecting these market issues.
BYD dethrones Tesla in This fall 2023 EV gross sales, fueled by vertical integration and China’s EV push.
The Rationale Behind Tesla’s Price Cut
Tesla
The automotive trade historically experiences a slowdown through the winter months. Tesla’s value discount is a strategic maneuver to reignite buyer curiosity and bolster gross sales throughout this sometimes sluggish interval. By providing a extra engaging value level, Tesla goals to incentivize buy choices which may in any other case be postponed till spring.
Since most individuals don’t love to purchase automobiles in the course of winter, Tesla is providing a $1000 incentive to take action. This is the important quandary of producing: factories want steady manufacturing for effectivity, however shopper demand is seasonal.
– Elon Musk
Tesla Defends Its Turf In A Crowded EV Market
Tesla
The electric vehicle (EV) market is witnessing a surge in competitors, with established automakers like Ford and General Motors introducing compelling EV fashions. Tesla, as soon as the undisputed chief, now faces strain to keep up its market share. This value minimize is a calculated response, making the Model Y extra aggressive in opposition to the backdrop of an evolving EV panorama.
As beforehand said, Tesla lately revised its development projections for 2024 downwards, citing a “notably lower” gross sales expectation. The value minimize is a proactive measure to deal with this anticipated slowdown. By making the Model Y extra attainable, Tesla hopes to stimulate demand and obtain their revised gross sales targets.
From Streamlined Production To Happy Customers
Tesla
Managing inventory levels is crucial for any automaker. Typically, value cuts are a strategy to filter extra inventory of particular fashions or configurations, making area for newer variations or addressing manufacturing bottlenecks. Streamlining the stock improves money circulation and optimizes manufacturing schedules.
Also, providing decrease costs may be an efficient technique to domesticate buyer loyalty and model affinity. By making the Model Y extra accessible, Tesla is aiming to draw new consumers and solidify the loyalty of current clients, doubtlessly translating into repeat purchases and constructive model sentiment in the long term.
Check out what’s new in Tesla’s mannequin lineup for 2024, their costs, and which fashions are eligible for the $7,500 Federal Tax Credit, and so forth.
A Psychological Play
Tesla
But past the fast monetary implications, this transfer may be dissected from the fascinating lens of shopper psychology. By framing the value minimize as short-term, Tesla injects a potent dose of urgency into the shopping for resolution.
Potential clients who have been beforehand contemplating the Model Y may now really feel strain to behave earlier than the discounted window closes. This time-bound provide creates a way of shortage, making the chance seem fleeting and doubtlessly prompting faster motion. This technique is especially efficient for people who’re nearing the tipping level of a purchase order however want that last nudge. The restricted timeframe acts as that nudge, pushing them to beat buy inertia and safe the perceived cut price.
The Fear of Missing Out (FOMO) Factor
Tesla
The short-term nature of the value minimize additionally faucets into the highly effective psychological phenomenon of FOMO, or the concern of lacking out. By implying restricted availability, Tesla positions the discounted Model Y as an unique alternative. This may be significantly persuasive for shoppers who’re risk-averse or have a robust want to be a part of the newest traits. The concern of lacking out on a possible saving or being seen as lagging behind early adopters is usually a vital motivator, even for individuals who won’t have been actively contemplating a purchase order initially.
Tesla’s lineup faces challenges in 2024 because of the IRA’s impression on their eligibility for tax credit, nevertheless alternatives exist.
The Tesla Model Y Conquered The Global Sales Charts
Tesla
The yr 2023 witnessed a historic shift within the automotive panorama. For the primary time ever, an electrical car, the Tesla Model Y, emerged because the world’s best-selling automotive, dethroning long-standing champions just like the Toyota RAV4. The Model Y gained the hearts of many by addressing the everyday concern with EVs, vary anxiousness, whereas nonetheless providing electrifying efficiency.
Range Wrangler: Range anxiety remains a major hurdle for some EV skeptics. The Model Y addresses this concern by providing a variety of choices. The Standard Range trim caters to day by day commutes with 260 miles, whereas the Long Range pushes that to 330 miles for prolonged journeys. Even the performance-oriented variant boasts a decent 303 miles, showcasing Tesla’s capability to steadiness pleasure with practicality.
Price Point Prowess: Strategic pricing performs a vital position within the Model Y’s success. The base mannequin falls inside the common new automotive value vary, making it a beautiful proposition for budget-conscious consumers searching for an EV improve. Higher trims provide further options with out veering into exorbitant territory, solidifying the Model Y’s worth proposition.
Performance Powerhouse: Tesla hasn’t forgotten driving fans. The Model Y Performance boasts 456 horsepower and a 0-60 mph time of 3.5 seconds, rivaling the efficiency of many sports activities automobiles. This electrifying mix of practicality and exhilaration is a significant draw for these searching for an exhilarating driving expertise with out sacrificing environmental duty.
2024 Model Y Performance Specs
Model Y
Model Y Long Range
Model Y Performance
Powertrain
Single-permanent-magnet motor
Front AC Induction and rear permanent-magnet motors
Front AC Induction and rear permanent-magnet motors
Horsepower
295 HP
384 HP
456 HP
Torque
310 LB-FT
376 LB-FT
497 LB-FT
Transmission
Single-Speed Automatic
Single-Speed Automatic
Single-Speed Automatic
Battery
62 kWh Net
82 kWh Net
82 kWh Net
Range
260 Miles
330 Miles
303 Miles
Fuel Economy
123 MPGe
122 MPGe
111 MPGe
0-60 MPH
6.6 Seconds
4.8 Seconds
3.5 Seconds
Top Speed
135 MPH
135 MPH
155 MPH
(Specifications sourced from Tesla and the EPA)
In conclusion, Tesla’s short-term value minimize on the Model Y is a multi-pronged technique geared toward navigating a fancy automotive panorama. Facing cooling demand, rising competitors, and manufacturing changes, Tesla seeks to reignite winter gross sales, preserve market share, optimize stock, and appeal to new clients. By leveraging psychological ways like urgency and FOMO, Tesla hopes to translate decrease costs into elevated gross sales and model loyalty, guaranteeing they continue to be a frontrunner within the quickly evolving electrical car market.
The new motor homes a reworked rotor and stator, which boosts energy density and cuts losses, whereas tweaks to the inverter software program give “more efficient control” of the ability supply, says Porsche.
Meanwhile, a Formula E-derived ‘push to pass’ operate, included within the Sport Chrono choices pack, can add as much as 94bhp for 10 seconds at a time.
The top-rung Taycan Turbo S, with a full 939bhp at its disposal in its most potent setting, can now dash from 0-62mph in simply 2.4sec – 0.4sec faster than the pre-facelift automotive – which makes it one of many fastest-accelerating vehicles you should purchase within the UK immediately.
The single-motor 429bhp Taycan, in the meantime, shaves 0.6sec off its dash time to 4.8sec.
Range and charging
However, the majority of the funding on this replace has gone in direction of making the Taycan – which was already one of many longest-range and quickest-charging EVs on sale – extra environment friendly.
As a consequence, it could actually now cowl as much as 35% extra miles between costs, in response to Porsche. The longest vary – 422 miles on the WLTP mixed cycle – is claimed by the rear-driven, single-motor Taycan outfitted with the non-obligatory Performance Battery Plus, which at 105kWh is a chunky 12kWh larger than earlier than.
Comprising 396 particular person pouch cells organized into 33 modules, this new battery makes use of a unique chemistry that reinforces power density and reduces inside resistance, which implies the charging pace could be elevated too.
As effectively as reclaiming its place among the many UK’s longest-range electrical vehicles, which means that the Taycan is as soon as once more formally the fastest-charging EV on sale, as a result of it could actually now high up at speeds of 320kW – 50kW faster than earlier than – at appropriate chargers.
The worth cuts apply to all MG fashions, with the most important revision for the ZS EV, by as much as Rs 3.9 lakh
While it’s anticipated for automakers to extend costs throughout their vary initially of every new 12 months, as seen with the likes of Maruti, Tata, and Hyundai amongst others, MG India has taken a special strategy. The British-born automotive model just lately slashed costs throughout the vary, together with these of its EVs, by greater than a lakh. Let’s have a look at how the revised costs of its fashions examine to their respective rivals.
Why The Price Cut?
MG was the eighth best-selling automotive model in India in 2023, however its complete gross sales tally was a great distance from that of the seventh best-selling carmaker. For 2024, it appears MG has a give attention to growing its total gross sales quantity by adjusting its costs to be much more aggressive.
MG Comet EV
MG Comet EV
Tata Tiago EV
Tata Punch EV
Citroen eC3
Rs 6.99 lakh to Rs 8.58 lakh
Rs 8.69 lakh to Rs 12.09 lakh
Rs 10.99 lakh to Rs 15.49 lakh
Rs 11.61 lakh to Rs 13.35 lakh
The MG Comet EV now boasts a beginning worth of Rs 6.99 lakh, which is Rs 99,000 lower than its earlier pricing whereas the highest variant is Rs 1.4 lakh extra reasonably priced.
Even the base-spec variant of the Tata Tiago EV is Rs 11,000 dearer than the top-spec Comet EV. Meanwhile, the Punch EV and Citroen eC3 are in a special class altogether when it comes to worth, dimension, and driving vary.
MG Astor
MG Astor
Citroen C3 Aircross
Honda Elevate
Hyundai Creta
Kia Seltos
Rs 9.98 lakh to Rs 17.98 lakh
Rs 9.99 lakh to Rs 13.85 lakh
Rs 11.58 lakh to Rs 16.20 lakh
Rs 11 lakh to Rs 20.05 lakh
Rs 10.90 lakh to Rs 20.30 lakh
The MG Astor received an MY2024 replace in January, with which it not solely turned extra feature- wealthy but additionally turned extra reasonably priced.
The Astor now begins Rs 84,000 decrease than earlier than, which additionally makes it essentially the most reasonably priced compact SUV in India.
The 2024 updates for the SUV consists of options like ventilated entrance seats, wi-fi telephone charger, and an auto-dimming IRVM.
MG additionally up to date the ten.1-inch infotainment system of the Astor with extra functionalities.
The diesel variants of the MG Hector have acquired a worth reduce of as much as Rs 80,000, whereas the costs for the petrol variants have gone down by as much as Rs 8,000.
The Hector’s base-spec variant is now extra reasonably priced than the base-spec Harrier by Rs 54,000. Meanwhile, the totally loaded MG SUV is much more reasonably priced than the top-spec Harrier, however nonetheless misses out on a diesel-automatic powertrain.
However, it nonetheless prices Rs 95,000 greater than the 5-seater base-spec variant of the Mahindra XUV700.
MG Hector Plus
MG Hector Plus
Tata Safari
Mahindra XUV700 (6/7-seater)
Rs 17.75 lakh to Rs 22.68 lakh
Rs 15.49 lakh to Rs 26.44 lakh
Rs 17.99 lakh to Rs 26.99 lakh
Even the MG Hector Plus, the 3-row mid-size SUV, received a downward worth revision of as much as Rs 60,000 for the diesel variants. The petrol variants, then again, are actually cheaper by as much as Rs 5,000 solely.
The entry-level Hector Plus variant undercuts the base-spec 7-seater variant of the XUV700 by Rs 4,000.
While the Tata Safari has a extra reasonably priced entry level, the top-spec variant of the Hector Plus is extra reasonably priced than that of the top-spec Safari and XUV700 by over Rs 4 lakh.
MG ZS EV
MG ZS EV
Hyundai Kona Electric
Rs 18.98 lakh to Rs 25.08 lakh
Rs 23.84 lakh to Rs 24.03 lakh
The MG ZS EV acquired the most important worth reduce of the lot, changing into as much as Rs 3.9 lakh extra reasonably priced.
It now begins Rs 4.86 lakh decrease than its direct rival, the Hyundai Kona Electric, whereas additionally providing extra options and higher vary (461 km claimed).
The costs for the MG Gloster have been slashed by as much as Rs 1.34 lakh.
The Toyota Fortuner’s base-spec variant nonetheless undercuts the Gloster’s entry-level variant by over Rs 4 lakh.
The Gloster’s top-spec variant, then again, is now over Rs 8 lakh extra reasonably priced than the Fortuner’s top-spec variant, regardless that it gives much more expertise and options.
Both MG SUVs got big price cuts ahead of the festive season, but are now costlier by up to Rs 30,000 across the lineup
Prices of the petrol variants of the MG Hector have risen by Rs 19,000 to Rs 30,000.
MG has increased prices of the Hector Plus in the range of Rs 24,000 to Rs 30,000.
The Hector SUV is now priced between Rs 15 lakh and Rs 22 lakh.
MG now retails the Hector Plus from Rs 17.80 lakh to Rs 22.73 lakh.
After the MG Hector and MG Hector Plus’ prices were slashed towards the end of September 2023 ahead of the festive season, the carmaker has now revised the asking prices. Even with the new prices, the two SUVs are still slightly more affordable than older asking rates that were in effect before the September price cut. Here’s a look at the updated variant-wise prices of the SUV duo:
MG Hector Petrol
Variant
Old Price (festive period)
New Price
Difference
…
…
…
Style MT
Rs 14.73 lakh
Rs 15 lakh
+Rs 27,000
The petrol variants of the MG Hector have become pricier by up to Rs 30,000. Its base-spec and top-spec variants are now costlier by Rs 27,000.
Prices of the diesel variants of the SUV have gone up in the range of Rs 19,000 to Rs 30,000.
Tesla’s electric vehicles are still selling well due to Elon Musk’s price cuts, despite increasing competition from other manufacturers like BYD.
The upcoming Tesla Cybertruck features a unique design inspired by Blade Runner and has impressive capabilities, such as a towing capacity of up to 14,000 pounds.
Tesla is planning to launch three new models, including the Roadster 2.0 and an affordable hatchback called the Model 2, which aims to make high-end EVs more accessible to a broader range of buyers.
While the first electric car came in the 19th century, it was Tesla that established a foothold for electric vehicles in our times. The California-based company may have a competitive lineup of sedans and crossover SUV models that run on electricity, but other manufacturers have now caught up. Tesla’s models are still selling like hotcakes, especially due to Elon Musk’s price cuts. However, 2022 saw the Chinese manufacturer BYD beating Tesla in terms of sales figures.
It is worth noting that the Chinese brand’s BEV lineup is not limited to all-electric vehicles and includes hybrid vehicles too. Since hybrids are the natural gateway for consumers holding on to their old-school ICE cars, trucks, and SUVs, it gives the Chinese-based company a genuine advantage over the American-based company that only deals in all-electric versions.
That said, Tesla will launch three new models in the coming years. Granted, they will still not be anything but the all-electric vehicles that you have come to expect from Tesla, but with three new editions to the lineup, they will be able to greatly increase the amount of sales they can push through in a year. These three great additions are the Cybertruck, Roadster 2.0, and the much-discussed, entry-level Tesla, and here’s how each of them will change the game in its respective segment.
Updated on August 27, 2023: Tesla is one of the most common names when electric vehicles are brought up. Since the company is bringing us three more great additions to its lineup, we have decided to refresh and update this piece rather than letting it get lost in the shuffle. Stay tuned for all the most current updates.
Tesla’s Cybertruck certainly isn’t news. Announced in 2019, Tesla’s first pick-up truck divided opinions and the consistent delays haven’t helped. The main reason, however, was its design, which literally looks like something an eight-year-old kid would draw if you ask them to draw you a car. According to Elon Musk, the Cybertruck’s design was inspired by Blade Runner and James Bond’s Lotus Esprit from “The Spy Who Loved Me.” Musk actually bought that very car, which in the movie doubled as a submarine. Apparently, water capabilities are another thing the Cybertruck and 007 car have in common since, according to Musk, the Cybertruck can float as a boat for a limited time.
Of course, we can talk about figures like the range of 250 to 500 miles (400 to 800 km) on a single charge, the range-topping, tri-motor setup with 805 horsepower (592 kilowatts) – a quad-motor variant is also, reportedly, in the works – or the 0 to 60 MPH (97 km/h) time of 6.5 to 2.9 seconds, but it is the looks of the EV pick-up truck that are its most unique feature. Even more impressive are the maximum payload of 3,500 pounds (1,600 kg) and a towing capacity of up to 14,000 pounds (6.4 tons) for the tri-version, which are expected to be dwarfed by the quad-motor variant.
Tesla Cybertruck Specifications
Motors
Three electric motors
Combined Power
805 horsepower
Combined Torque
1,055 pound-feet
Drivetrain
All-wheel drive
0 to 60 MPH
2.9 seconds
Top Speed
130 MPH
Range
Up to 500 miles
A $69,900 price had been quoted for the tri-motor variant, but that was before Tesla’s price cutting, which means the Tesla Cybertruck pickup truck will be a real bargain compared to the Ford F150 Lightning, which costs between $55,000 and $97,000 depending on the specs.
According to the latest reports, the Tesla Cybertruck’s first production unit has rolled off the assembly lines in Texas. If the model is a good seller, it will prompt others to take a page out of Tesla’s book. Instead of the traditional, body-on-frame structure, the Cybertruck features an aircraft-inspired exoskeleton, which provides space for a larger battery pack. Another unique feature is the body panels, made of 30x, rolled, cold steel. More interestingly, when Tesla’s chief designer, Franz von Holzhausen, was asked on Ride the Lightning podcast, if a “Cybercar” with a similar design could happen, he replied, “Possibly”. At this point, we don’t know if Cybertruck’s angular design will spill across the rest of Tesla’s lineup, but even so, the EV truck still smashes the design norms for the entire segment.
Like the Cybertruck, Tesla’s second-generation Roadster has been delayed. The latest reports indicate production will start sometime in 2023. High-performance EVs are nothing new, but the Tesla Roadster 2.0 promises to be one of the quickest-accelerating, high-performance models and still has plenty of long-range capabilities to send range anxiety into oblivion.
Very few high-performance EVs boast similar figures as the Roadster 2.0. The Rimac Nevera, for example, makes the sprint to 60 MPH (97 km/h) in 1.85 seconds and gets to 100 MPH (161 km/h) in 4.3 seconds. Judging by these numbers alone, Tesla’s claimed figure of around 1,000 horsepower seems highly underrated, given the Nevera has almost double that. Regardless, the upcoming Tesla Roadster will be the only EV with such high-performance levels offering a more practical, 2+2 layout.
It’s clear that with the recent price cuts, Tesla’s offerings will become an even bigger bargain compared to other high-end EV manufacturers. Furthermore, the company is working on a new platform to underpin an entry-level Tesla. So far, we know it will likely be called the Model 2 and be a hatchback. It will also have a starting price of no more than $25,000 and will be produced in much more significant quantities than all current Tesla models combined.
Affordable EVs are very few and far between. This is especially true for those with actual performance, but Tesla wants to change that. By taking lessons from the production of previous models, the brand has optimized the production method to boost production output by 40 percent compared to 2022. Moreover, the Biden administration’s GREEN Act provides a tax credit of up to $7,500, meaning the entry-level Tesla could start from under $18,000.
Tesla Model 2 Estimated Specifications
Motors
Single electric motor
Power
283 horsepower
Torque
283 pound-feet
Drivetrain
Rear-wheel drive
0 to 60 MPH
6.0 seconds
Top Speed
125 MPH
Range
Up to 250 miles
On Tesla Investor’s Day, it was confirmed that the entry-level Tesla will arrive sometime in 2025 and be produced in Tesla’s plant in Monterey, Mexico. It has also been stated by Elon that a plan is still in the works to build a site in India and mass produce what has been dubbed the new Tesla Model 2. This will be the brand’s most important model as it will be the most mass-produced by a large margin and will make Tesla’s offerings available to a much broader spectrum of buyers.
“I’m telling you; it effortlessly slices through strong winds.” “What does that mean?” “It means that this bike has undergone rigorous testing and has been ridden by top experts to ensure its unbeatable performance. Do you get it?”
Ladies and gentlemen, the exchange above pertains to one of Bianchi’s newest bicycle collections, the Oltre, which the renowned company has recently introduced. In summary, it’s about…
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