Tesla Model 3: The Beginning of the End of Gasoline Cars?

in #technology7 years ago

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In my opinion, no single person today, is doing for humanity what Elon Musk is doing all by himself. Take a look at his many undertakings and you will understand just how important the things he is working on are.

From making solar power affordable and mainstream and building electric cars to even trying his hand at making humanity an interplanetary species, Musk is working for a better future for all of us.

Of course, he is not doing it all alone. He has amazingly talented teams that he works with on these separate projects. But without a leader like him, I doubt the same people could achieve the same feats as they have done in the past decade.

Also consider the fact that his ventures are so futuristic that he has faced criticism, skepticism and many, many failures. But every time, he has come on top of all that and managed to taste victory. They don’t call him the real world Iron Man for nothing.

Today, let’s talk about one such impressive feat that he is trying to achieve, one car at a time.

The Master Plan

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Musk sees a world with electric cars that drive themselves and do not cause any pollution. Seems like a pretty big vision, doesn’t it? It really is. For that to happen, so many cutting edge technology has to come together to work perfectly, that one would think it might just be impossible.

That didn’t stop him though. To bring this dream into reality, he started Tesla Motors, which was a very small company with very limited resources. But he had a master plan and he had it in 2006!

The plan was to build a high end electric sports car, then use the money from that to develop a medium volume car at a lower price and then use the money from that to build a mass market, affordable electric car.

A lot of people have been very skeptical about Musk’s EV plans and considered them as a passing fad. They failed to see how EVs could possibly compete against gasoline cars in terms of range, power, ease of refuelling, utility, among other things.

Musk proved them all wrong and his master plan is now in its final stages of completion with the launch of Tesla Model 3 last year which is just now starting to get rolled out.

Tesla Model 3

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Musk announced the Model 3 last year to much speculation and fanfare. After all, it was being touted as THE electric car to mark the beginning of an end of gasoline cars.

There are two versions of the Model 3. The first one is the Standard model which comes with a range of 220 miles on a single charge and a top speed of 130 mph. It can also go from 0 to 60 mph in just 5.6 seconds. This standard model is priced at $35,000.

The second model is the Long Range model which comes with a range of 310 miles on a single charge and a top speed of 140 mph. This model goes from 0 to 60 in just 5.1 seconds and costs $44,000.

These are not where the features end though. The Model 3 has a 5 star safety rating in all categories and also comes standard with the autopilot feature meaning that not only can it drive itself today on highways, it is already equipped for full autonomy once the software becomes advanced enough.

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Now, those are cars you would want to buy and replace your gasoline cars with. Almost all the woes that consumers have about electric cars in general have been addressed and with a growing network of Tesla Superchargers, owning a Model 3 is a no brainer.

After the announcement of last year, it was only recently that the first reviewers got their hands on one of these cars and they are all unanimous in their reviews. This is it!

Let me quickly list some of these reviews.


“The Tesla Model 3 is here, and it is the most important vehicle of the century. Yes, the hyperbole is necessary,” Kim Reynolds, Motor Trend.

“There isn’t anybody who’s going to sit in the driver’s seat of this car and not want it,” Matthew Debord, Business Insider.

“While the Roadster put Tesla on the map, the Model 3 really feels like the car that will bring electric vehicles as a whole into the mainstream.” Andrew Taratola, Engadget


So, there you have it folks! Electric cars are finally here in the way we all wanted them to and they are here to stay. This might just mark the beginning of the era of EVs and also a beginning of the end of the gasoline cars which have served us well for decades. It’s time to move on.

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I'm concerned that Tesla loses massive amounts of money on all fronts. It's not a business so much as a taxpayer-subsidy funded research and development group.

Tesla loses money everyday with no end in sight. The stock should be worth a lot less, I think. I hope it all works out as a loss-leader in the end.

That might be a problem in the short term but companies have come out of even more dire situations than this. Also, I don't know where I read this, but I read that "experts" believe it will be one of the most valuable companies in just 5 years.

Indeed.

I presume that by "Valuable" they mean market cap, which these days seems to be somewhat divorced from actual profitability. Earnings per share numbers are starting to look a little nuts imo.

Thanks for posting!

While both I and Musk agree with your statement below about the market cap being crazy, the "taxpayer-subsidy" statement is a bit trite. Telsa is nearly entirely funded on revenue and shareholder investment. Their position would be mostly unchanged without tax incentives, unlike the heavily-subsidized and yet insanely profitable oil industry.

With Britain to ban diesel and gasoline cars by 2040, I think it's safe to say that Elon Musk made a good bet on the electric car. Well, actually, he made the future what it will be.

Knowing a little bit of Tesla, I can tell you that the Model 3 is just the tip of the iceberg when it comes to what Tesla will be coming out with in the future.

Also, the fact that you will most likely not need a driver's license at all in the future as most cars will be autonomous is another factor to include in the prediction of future transportation.

Great read! Thanks!

Oh yes, I'm sure he has got quite some plans. That's how he rolls! hehe

The Model 3 is THE electric car produced for the masses with all the features a high-end consumer could ever dream about. This is so exciting times we live in and Elon Musk is one of my personal idols. In fact I just published a post about how to use his life lessons to become a better writer. You are welcome to check it out if you are interested.
@ronni

I couldn't agree more. Will surely check out your post!

Elon really gives a powerful push to the world for cleaner energy. There is still a long way to go, but he is on the right path!

Yes he does. Someone has to. There is just no explanation of why we are still using fossil fuels when we have had the technology to transition to cleaner energy for quite some time now.

Telsa made EVs cool to drive. Volvo and others are following, this is great to see.

Yes, the industry will soon catch up and the competition will only be good for the consumers.

sorry but I don't drive so would not be driving one of those cars.

EEk if it drove me . How would it know where I was going? When I am not sure where I am going most of the time.

It's a step in the right direction for eliminating pollution, but there will always be those that love muscle cars and the sound of a gasoline engine being revved up!

Upvoted

As always I upvote/follow/resteem those that do the same for me. Just don't spam my fee or will unfollow/mute.

Have a great day.

Well, in the meantime there is the option to create a roaring motor-sound thru loudspeakers. At least in Germany it is discussed that in cities electric cars do need to make some sound, because children and elderly people would hardly hear them, when crossing the street.

I think the BMW i8 already produces some of the engine sounds through its speakers.

yeah, I get the muscle cars part, but they will become novelty in that case.

That's awesome, the gas and oil industry must hate this guy

Electric cars were invented a long time ago. Mask is a great personality. He made a product of a higher level. He promotes them to the mass market. It is of course admirable. Thanks dear @sauravrungta for your interesting post!

Yeah, the thing with technology is that until it is able to provide additional benefits than the current one, it won't replace it. That's what Elon has managed to do. Electric cars already existed but he has managed to combine multiple innovations into one and has shown the world that electric cars are now just as good if not better than your normal cars and it's time to replace them.

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