After a while in the calm shades, the company that changed the face of battery powered transportation, Tesla, comes to our attention once more.
This time, we don’t have any news on a new possible IPO or on the bankruptcy of the owner. What we have now is something related to an actual Tesla product.
Correction, a future Tesla product, in particular, the Model S sedan. When it comes to the Model S Sedan Tesla has some serious ideas ready to be implemented in terms of battery power and conception.
With new technologies such as EV units there’s always a fundamental problem, cost to build and develop. This costs sets pace for the price of the final product and also the return rate of profitability.
For example, Nissan and Renault claim that their EV production together would become profitable if they sell around 500.000 units a year.
Tesla has found a way round this problem. As that’s mostly related to battery costs, Tesla plans to load up the Model S with cheap batteries. Cheap is still a relative term but because of Tesla’s famous laptop battery assembly it means that you can now have Lithium Ion technology for a whole lot less price at the same size and performance capabilities.
With this tech revolution under way for the American electric car maker, Tesla claims that the Model S sedan would reach a profitability point once it manages to sell over 20.000 units per year.
In case you’re unaware of the specs on the Tesla S Sedan, the company promises it will be sporty enough to tackle the fastest of regularly powered sports sedans. This would be achieved while running emissions free, with a range of anywhere between 160 and 300 miles.