All throughout their development, electric vehicles (EVs) have been criticized by skeptics of not having a comparable range to gas powered vehicles. However, the CEO and founder of Tesla Motors stated that his company will create an EV with a 500 mile range. A vehicle with that range will be twice as effective as the latest Tesla car, the Model S. Musk stated that his company already has the technology to manufacturer the EV. The owner of the company continued to describe that they could have a car available with this range “fairly soon” but it will be more expensive. Over time, as Tesla Motors improves and turns a profit, the company suggests that car with a 500 mile range will be made available at a reasonable price.
Estimations have been made about the price an EV with this type of range could be considering that the base price of the Model S is $69,000, and the performance model is well above average at $93,000, with this in mind, the estimations are somewhere around $180,000. Batteries are a significant part of that cost. Musk explained that Tesla Motors has the highest energy density battery in existence, twice as effective as the one utilized in the Nissan LEAF, however that is precisely why the Model S costs twice as much as the LEAF.
Musk expressed that even though Tesla Motors have the technology to create an EV with a 500 mile range, they are going to wait until their less ambitious and more affordable models garner success and profit for the company. Tesla’s new Model |||, a rival to the BMW Series 3, will have a range of 200 miles and will cost about $35,000, much closer to the average price of an automobile in today’s market.
Observers have guessed that the 500 mile range capabilities will be made available to the Model S and Model ||| as an add-on. The Tesla Motors CEO also offered insight into why he first started Tesla and where his passion for electric vehicles began. Musk admitted that his interest began while he was in college and he always found it odd that it was accepted practice that gas is utilized to power cars. He expected that major automotive factors would make the switch to electricity, but when they didn’t, he took matters into his own hands and founded Tesla Motors.
Musk also described other factors that contribute to a car’s range other than the capabilities of the battery. Factors like the car’s weight, motor efficiency, and gearbox. He stated that during a recent drag competition, his company’s product won with a drag coefficient of 0.24. When asked what he intends to do if his cars become so popular that Superchargers are always busy, Musk stated that his company will always have more Superchargers than the people’s needs. Also, Superchargers will have the ability to notify drivers whether there is a queue at the station, and redirect them to the nearest one. Only time will tell whether Elon Musk will follow through on what he said about Tesla Motors creating an EV with a 500 mile range, but the company has expressed their confidence in their ability.
By Andres Loubriel