Interest in electric cars among U.S. consumers continues to rise. News regarding the latest models from Tesla, Cadillac, Fiat, and BMW dominate the media. Consumers seem adamant about reducing or completely eliminating their fuel usage. In 2011, the average American household spent roughly $4,000 on gasoline alone, which is just a fraction of the money you can expect to spend on an automobile.
A new entry-level Tesla car has been announced. The Model E will debut in 2017, and it reportedly will cost half the price of current Tesla luxury lines. Take a look at how this car could change the industry as well as merely help consumers save money.
Lower cost of maintenance
Tesla cars have more in common with modern computers than traditional vehicles. The intelligent computer system on board automatically calibrates and updates the vehicle, similar to the way your computer automatically runs system updates and diagnostics. You can even pre-schedule updates to occur overnight, so the process doesn’t interrupt your day.
It’s likely that the Model E will also be subject to service plan packages like the ones that current Tesla owners can purchase. These bundles can help you save money on replacement parts, service, remote diagnostic tests, and roadside assistance.
So how will future Model E owners “refuel” their Tesla vehicle? You simply plug it into any wall outlet. That’s it! If you want to be completely green, Tesla advocates that homeowners install solar panels on their properties, so the sun will supply the energy to power your car. This creates a completely sustainable automotive cycle.
But what if you’re planning a cross-country road trip, and you’ll need to pull off the highway to charge up? You can stop by one of the 86 Supercharger locations across the nation to top off your battery. The best part? These charge-ups are completely free. That’s like getting a full tank of gas without either the cost or the environmental impact (with the accompanying guilt).
Just imagine what you might be able to do with the gas money you save.
Affordable compared to other Tesla models
Current Tesla models start at $69,900, which is a challenging entry price for many drivers. That’s what makes the Model E news is so big. Driving has historically had a highly damaging impact on the environment, but now many more consumers will be able to reduce their carbon footprint. A Tesla vehicle that’s half the price of the current luxury vehicles will make this goal much more accessible.
The Model E will need to have a further competitive edge to draw consumers away from other electronic cars, though. The Nissan Leaf is currently priced at $28,980, while the 2014 Mitsubishi I starts at just $22,995. Tesla will need to leverage its reputation for superior service and reliability to pull ahead of competitors, if the company wants the Model E to make a splash. The future of the automotive industry is trending away from gasoline consumption and toward greener technologies. More consumers are making cost-efficient purchases.
The Tesla Model E could be a monster seller due to its lower price point, service bundles, and complete reliance on electricity.