Tesla Is Unleashing Extra Power In Older Model S and X 75D Vehicles
Tesla Model S and X 75D vehicles are getting a software upgrade that’s going to make them faster. According to Electrek, this means that the model S75D’s 0-60 mph acceleration has decreased to 4.2 seconds from 5.2 seconds, and Model X’s has gone down from 6.0 seconds down to 4.9 seconds. All undelivered Tesla Model S and X 75D since July 1 have already received the update.
As Electrek reported, the software update is not “over the air” and is best through a “hardwired connection” at a Tesla service centers. However, the luxury electric car company hasn’t stipulated the range of vehicles that can get the update.
The timing of this update on older Model S and X 75D vehicles is interesting as Tesla is currently working on the launch of its highly-anticipated new product, The Model 3. The company may be seeking to further distinguish its more high-end vehicles, the Model S and X, from its mass-market Model 3, priced at $35,000. The Tesla Model 3 is expected to have a less than 6-second 0-60 mph acceleration, according to CEO Elon Musk and that’s only for the base version. The performance version, which will be released later is expected to be even faster.
Tesla Model 3 reservation going for $7,000 on Craigslist. More from @ReutersTV: https://t.co/yaW0mUmJen pic.twitter.com/E91QNwHaRU
— Reuters (@Reuters) October 21, 2017
While Tesla has been making upgrades to its older Model S and X vehicles, The Model 3 seems to be causing some problematic developments for the company.
Tesla should make a change to prove itself to Wall Street https://t.co/XGuXSRX9zF pic.twitter.com/UoiyXuG9P9
— Insider Business (@BusinessInsider) October 21, 2017
CNBC reports that in the third quarter of 2017, Tesla delivered a total of 26,150 vehicles, but only 220 of those were Model 3’s. Tesla had previously predicted that it would produce 1,260 Model 3’s in the quarter. They have blamed “production bottlenecks” on the slow delivery of the Model 3’s, but their recent mass firing of employees from their one and only automobile factory probably hasn’t helped either.
Black contractors file lawsuit alleging continuous racial harassment by Tesla employees https://t.co/hFrnHLqb6l pic.twitter.com/HOKzHkxr6b
— Blavity (@Blavity) October 21, 2017
As a result of the delay, an analyst at JPMorgan has dropped his fourth-quarter Model 3 delivery forecast from 30,000 cars to 15,000 cars. In a note to clients, the analyst, Ryan Brinkman, wrote that the production delays could indicate that the Tesla Model 3 could be less profitable than previously expected because the vehicle may not be as easy to manufacture as it originally seemed. This prompted him to lower his price target for Tesla shares to $195, down from $200.
RELATED POSTS ON THE INQUISITR
Tesla Model S Fire — 35 Firefighters Needed To Put Out The Blaze
Tesla Model 3 Reservations Are On Sale — But Get Ready To Pay 400 Percent More Than Original Price
Will ‘Tesla Tax’ in Norway Be The Nail In Company’s Coffin?
[Featured Image by Justin Sullivan/Getty Images]