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The 5 Countries That Could Push Oil Prices Up

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Geopolitical tension is largely irrelevant…

Tesla’s Much Anticipated Battery is Finally Here

Tesla assembly line

Tesla has announced a long-awaited 100 kWh battery that will make its Model S the fastest car in production globally, the company said, adding that although objectively the Model S P100D is the third-fastest car in terms of acceleration, the other two – the Porsche 918 Spyder and LaFerarri – are no longer in production.

The P110D has a Ludicrous speed mode, which, thanks to the new battery, allows the car to accelerate from 0 to 60 mph in just 2.5 seconds. It can also travel 315 miles on one charge, according to the EPA cycle and 613 km, according to the EU cycle, Tesla added in its press release, boasting that this makes the Model S P11D the first electric vehicle to pass the 300-mile threshold and the longest-range electric car in production.

The new battery is also available on the Model X SUV, allowing it to travel 289 miles on a single charge and to accelerate from 0 to 60 mph for 2.9 seconds.

Tesla noted that buyers of its P90D Model S with Ludicrous mode can also upgrade their vehicles by adding the new battery for an additional charge of US$10,000, if the car has not yet been delivered to them. For those already delivered, the battery pack upgrade will cost US$20,000.

Tesla has been feeling growing pressure from newcomers on the EV scene, although it hasn’t actually acknowledged it. It is still the leader of the pack with its extensive lineup of models (most of its rivals can only boast one car, with some still at the prototype stage) and is still ambitious to produce half a million cars annually by the end of the decade. That’s despite the company failing to reach its own sales target in both the first and second quarter of this year.

The latest sales figures released by Tesla showed that it shipped 14,370 cars in the second quarter, lower than planned, but produced 18,345 cars, up 20 percent on the quarter.

By Irina Slav for Oilprice.com

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  • GregSS on August 24 2016 said:
    So in the first paragraph the car is the P100D, then in next paragraph it is referred to as both the P110D and the P11D.

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