Tag: outgoing

Tesla cuts the price on its entry-level Model S by $7,500

Just because Tesla is ditching the Model S 60 and 60D doesn’t mean that you’ll be paying dramatically more to own the luxury electric sedan. Tesla has cut the price on its current entry-level models, the 75 and 75D, by $7, 500. It’s still $1, 500 more expensive than the outgoing model at $69, 500, but not so much so that you might balk if you were seriously considering the 60 before. It’s certainly a better value if you were already looking at a 75 for the extra range. On top of that, Tesla is sweetening the pot by making key features standard. All Model S variants now come with the glass roof (previously a $1, 500 option) and an automatic rear power liftgate. The 90D has also received a price cut to $87, 500, we’d add. And if you bought an upgradeable 60 or 70 car, the bump to a 75kWh battery capacity is cheaper. Unlocking the full battery on the Model S 60 now costs ‘just’ $2, 000 versus the previously steep $9, 000, while Model S 70 owners just have to spend $500 instead of $3, 500. There are some gotchas in the lineup, however. The price of the 100D and P100D is going up by a few thousand dollars on April 24th to $97, 500 and $140, 000 respectively (Model X owners are seeing similar price hikes to $99, 500 and $145, 000). Also, certain upgrades are now off-limits on some models. You can’t get smart air suspension on the 75 and 75D, for example, while you have to go with a 100 or 100D to get the high amperage charger. Why all the tweaks? Tesla is likely harmonizing its EV range so that there are clear incentives for people to step up to the Model S instead of ‘settling’ for the Model 3 , whose battery capacity will stop at the 75kWh where the Model S starts. The 100 and 100D price hikes are merely a way of balancing things out — Tesla gets to maintain its average selling prices by asking for more from those customers that can most likely afford to pay a bit more. We wouldn’t count on these prices lasting forever, but it’s easy to see them sticking around through the Model 3 launch later this year. Via: Electrek , TechCrunch Source: Tesla

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Tesla cuts the price on its entry-level Model S by $7,500

BMW’s all-new 2017 5 series stirs up a technology tsunami

Jim Resnick Pleasing widely diverse masters can be a death sentence. For BMW’s newest 2017 5 series sedan, competing interests tug on it in a multitude of different directions. The traditional BMW enthusiast who factors fun first needs all the best of BMW’s driving machine DNA—and needs it close to the skin. Those needy for general luxury prefer isolation rather than inclusion in the driving process. The tech-focused need digital entertainment. So this is a veritable three-ring circus of sport sedan requirements. BMW’s last-generation 5 series garnered mixed feelings, so with the all-new G30 platform 5 series, BMW hopes to reboot impressions, and we’ve driven it. Launching globally on February 11, the new 5 is actually a bit lighter than the last iteration, BMW quoting a weight loss of as much as 137lb (62kg) from the outgoing model, depending on exact model compared. The new 5 also comes out of the starting gate with several engine configurations. The bottom of the range here in the US is the 2.0L turbocharged four-cylinder, issuing 248hp (185kW) and 258lb-ft (350Nm) in the 530i, netting acceleration to 60 mph in 6.0 seconds or 5.8 when equipped with BMW’s “xDrive” all-wheel-drive. A 3.0L, 335hp (265kW) inline six, which also generates 332lb-ft (450Nm) of torque, powers the 540i to 60mph in just 4.9 seconds or 4.7 seconds with xDrive. Later this spring, the M550i with all-wheel drive will debut, powered by a 456hp (347kW) turbocharged V8 packing 480lb-ft (650Nm) of torque, promising even quicker, 3.9-second 0 to 60 blasts, quicker than the outgoing M5. Read 12 remaining paragraphs | Comments

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BMW’s all-new 2017 5 series stirs up a technology tsunami