Tesla's latest driving mode is an about-turn from its previous options, which were all about squeezing the optimal performance from its cars. The new "chill" setting makes for a "gentler ride," according to the manufacturer. That sounds like an odd upgrade from an EV maker that was once obsessed with cracking the fastest acceleration time, motivated by its rivalry with Faraday Future. It achieved that milestone earlier this year (after dropping the "Ludricous" easter egg), when the Tesla Model S P100D became the quickest car to 60 MPH. All those boring folk can tap chill mode for "smoother" and "more gradual" acceleration.
Tesla might have ditched the Model X's relatively affordable 60D trim, but that doesn't mean it's insensitive to your price concerns. Elon Musk's outfit has lopped $3,000 off the price of the base 75D model, bringing the entry point down to'just' $79,500 before tax credits -- right around where it was when the electric SUV launched nearly two years ago. Simple economics, Tesla says in a statement. When the Model X 75D launched, it had a low profit margin --"efficiencies" have let Tesla reduce the price without taking a hit to its bottom line. The move probably won't lead to a giant surge in sales for a luxury machine like the Model X, but it could help keep the existing sales momentum going at a time when Model 3 sales are still too new to represent a significant factor.
Tesla has been on a pink slip rampage this month, firing between 400 to 700 people from its automotive branch. Its solar panel subsidiary, SolarCity, also plans to let go more than 200 employees by the end of October. Former employees estimate that dismissals at SolarCity and Tesla have affected around 1,200 people in total--Tesla itself refuses to disclose the exact number. If the estimates are correct, though, this would account for around 3.6 percent of its global workforce.
Tesla Motors Inc. on Wednesday cut the starting price of its Model X to 74,000 for a more limited-range version of its sport utility vehicle as the electric carmaker tries to boost sales. The new Model X 60D has a range of 200 miles, compared with 237 miles for its prior entry-level version, the 75D. Top-level versions of the Model X, which have added range and faster acceleration, can cost more than 100,000. With the 60D, customers have "the flexibility to choose the Tesla model, price point and range that best fits their lifestyle," Tesla said. The price cut follows Tesla's report this month that its second-quarter global deliveries of 14,370 -- including 4,625 Model X vehicles -- fell short of expectations.
Elon Musk is getting ready to announce a new product -- but he's not giving many clues about what it might be. On Sunday morning, the Tesla CEO sent out a tweet about a "product unveiling" on Oct. 17. So what is this new Tesla product, which, according to Musk, will be "unexpected by most?" SEE ALSO: Elon Musk: Is his Mars Shot impossible or inspired? Is it a new Tesla model? While that product might be a mystery, it's pretty clear that Musk will reveal a new solar rooftop at the Tesla/SolarCity event on Oct. 28.