Pedal To The Metal On Tesla Model 3

Last week, Tesla chief technical officer JB Straubel made a presentation to the engineering students at the University of Nevada – Las Vegas. Tesla is donating $1,000,000 to the school to endow a battery research program. It will also offer internships at the nearby Tesla GigaFactory to selected UNLV students.

It is common for Tesla leaders from Elon Musk on down to slip interesting tidbits of information into their public presentations. In this instance, Straubel dropped this piece of news in at the end of his hour long presentation.

“Most of the people inside of Tesla are no longer working on the S and the X, but they’re hard at work designing and inventing all the technologies to go into the Model 3,” Straubel said. “[I]t’s a completely new platform — different technology base — and aimed at building hundreds of thousands per year instead of tens of thousands per year.”

It is no exaggeration to say that the Tesla Model 3 will make or break the company. As far back as 2006, Elon Musk was outlining his master plan for Tesla Motors. It is presented in the form of a graph at the top of this page and has three components:

• Build an expensive, low-volume car.
• Use that money to build a medium-priced, medium-volume car.
• Use that money to build a lower-priced, high volume car.

The expensive, low volume car was the Tesla Roadster. That was followed by the less expensive Tesla Model S sedan and Model X SUV. The Model 3 is intended to be the moderately priced, high volume car that will move Tesla out of the shadows and into the spotlight. Everything it has done to date — its proprietary system of SuperCharger stations, its advancements in autonomous driving technology, and its commitment to building high quality cars — were all designed to make the Model 3 possible.

Tesla fully intends to build 500,000 Model 3 cars a year. It has already upgraded its paint shop so it can handle that many cars. The key to the whole puzzle is the GigaFactory. Without that massive battery making facility, which is scheduled to commence manufacturing operations in the first half of 2016, Tesla will simply not have access to enough batteries to supply a half million new

Source- http://gas2.org/2015/10/19/pedal-to-the-metal-on-tesla-model-3/