Tesla Model E Reveal Slated For 2015 Detroit Auto Show


tesla-model-eThough Tesla has not yet released the name of its upcoming electric car for the masses, the Tesla Model E as it has been dubbed is the subject of much rumor and debate. Tesla’s chief designer, Franz von Holzhauzen, fanned the flames of speculation with a recent interview, which he sets the probable unveiling of the Model E at the 2015 North American International Auto Show in Detroit.

So we’re still more than a year away from the electric car Tesla has always said its all about; an EV for the masses, a car priced at a point where most Americans can actually take it into consideration. Rumor has the pre-tax credit price set somewhere around $35,000, putting the out-of-pocket cost under $30,000. A real-world 200 mile driving range is the hoped-for range, though Tesla boss Elon Musk has been uncharacteristically tight-lipped about the Model E.

With the launch of the Model X in 2014, I don’t expect Elon to start talking about the mass-market Tesla until just a few weeks before the Detroit show. Franz’s interview also revealed that the Model E could be as large as the Model S, though it will have its own distinct design and platform. While mention of a Tesla pickup confirmed that it wouldn’t be spun off of the Model E chassis, Franz shot down the notion of a small Tesla city car modeled after SmartCar, at least for now.

I expect we’ll hear a lot of chatter about the Model X, which may or may not be at the 2014 Detroit Auto Show. Once the Model X is rolling off of assembly lines and dominating the press though, we’ll start getting tidbits of the Model E here or there. Perhaps by the time it debuts, I’ll finally be able to afford one.

Source: Autobild

About the Author

A writer and gearhead who loves all things automotive, from hybrids to HEMIs, can be found wrenching or writing- or else, he’s running, because he’s one of those crazy people who gets enjoyment from running insane distances.

  • So, is that an image of the Model E, or the Model X?

    • Tahaynes

      That’s the Model X.

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  • Greg

    @ 30k it’s still out of price range for the masses. Upper middle class, but I can’t afford the note on a 30k vehicle. I’ll wait till toyota comes out with a 15k model.

    • Devin Thomas

      Maybe in your country. But a $30,000 car where I live is dirt cheap.

      • Birther 2.0

        You live in Qatar?

        • He lives in the US, most likely. LOL!

        • Devin Thomas

          Alberta Canada, so close.

    • Smeky

      I could if i wasnt paying for gas lol

    • Clay

      you’ll be waiting a long time. $30’000 for never having to pay for gas as long as you own the vehicle is a bargain. Almost anyone can afford the leasing or financing rates at $30k, and you also wouldn’t have to say you drive a toyota

    • C B

      Pfffttt!? $30k for a higher end vehicle? Especially electric? A lower middle-class person could finance this with those 60mo loans easily.

      • SUMmaro400ex

        Really? Thats $500 a month before taxes and at a 0% APR for 60 months…. I don’t know what you consider lower middle class but if someone is spending over $500 a month on a car for 60 months then they aren’t lower middle class in my book.

        • don

          Gas would be 200 a month plus no oil changes

          • SUMmaro400ex

            Sure but electricity isn’t free. If you spend $2 a day to charge, thats about $60 a month. At $30,000 with tax (7% where I am) and an APR of 2.9% thats about $580 a month. Add $60 for charging and its $640. If you subtract $200 for gas savings you’re down to $440 a month for 60 Months. That’s still a lot of money on a car for lower middle class…

          • So buy into a rideshare with these vehicles.

          • Guy Mansterson

            I drive a 100% electric vehicle. I spend about 25 cents a day on electric (6.69 cents per kW). Which comes out to about $6 a month (with my commute). My previous car, I spent about $125/mo on gasoline.

          • Michael Compton

            Actually the electricity is almost free, you get a rate reduction from your local gas&electric company. I have a nissan leaf and with charging the car my electric bill has actually managed to go down, so you could say I’m getting paid to fill the tank.

          • It is around $1.44 per day at an electricity price of $0.12/kWh, if you drive 30 miles per day with a 60 kWh battery bank.

            I am not sure about the rate reduction, but time-of-use electricity pricing can reduce the cost of charging (charging the car during peak hours).

          • If you can share a link that tells me more about the rate reduction, i’d like to learn more about it.

            Thank you for your time. 🙂

          • Michael Compton

            It depends on what state you’re from and what electric company you’re using. I’m in San Diego, and with SDG&E our rate was reduced from $0.29 / /kWh down to $.19 / kWh, with a an additional reduction down to $.16 / kWh during Super off-peak hours between 12am-5am, which is when we mostly charge the car.

            You’ll have to look up your local rate reduction as I don’t know where you’re from / what company you use.

          • Michael Compton

            That may be the cost without the rate reduction based on those flat rate numbers, but my SDG&E bill went down about $80 with charging the car just about every day / every other day.

          • TedKidd

            So your electric bill went DOWN $80 a month because you have an electric car?

            How cool is THAT!

          • Randy

            That was caused by is TOU rates. He uses a lot less power during peak demand than the average person. statistically speaking, he probably works in the evening. That or he ttys to avoid peak demand, has an efficient house, and luck.

          • Guy Mansterson

            Nicholas, that math is hard to calculate. If you drive the car like a sports car, then you might be able to spend $1.44 per 30 miles. I keep my average around 300Wh/m, so I get substantially further range. That’s why I pay about 33 cents every 30 miles.

          • Randy

            Only 2.5 miles/kWh? I get over 4, on average.

          • Good. Maybe my estimate is too conservative.

          • Randy

            2 dollars a day? You assume about 80-100 miles a day, 7 days a week?

            40 miles a day, 1200 a month. 30 a month in electricity. Vs nearly 200 in gas (oil changes and other maintenance easily makes it 200). Likely sell old car for 6k. 35k-6k-7.5k=21.5k. 21.5k/60=360 dollars a month. Seems pretty average. 360+30-200= 190 a month for a nice, new car.

        • You need a new book. Avg. price of new car sold in 2012 was over $30K.

        • Randy

          The average new car in the USA is 30k. Lower middle class is making more money than you would think. Far more people are in the lower class than Americans realize or accept.

      • Doug Waltman

        $30k is pretty average if you’re buying new. Something simple like a Ford Explorer starts of at $29,600 http://www.ford.com/suvs/explorer/

        • blisterpeanuts

          Or a plug-in Prius for $27K. Honestly a car limited to 200-miles for that much money is not much of a bargain. It’s just a fashion statement for environmentalists. When they can go 500 miles on a charge, I’ll line up to buy one, but until then it’s a novelty item and a 3rd vehicle for affluent people.

          • Birther 2.0

            Perfect for a two car household.

          • Guy Mansterson

            This is interesting. I wouldn’t call myself affluent. I was just stingy when I was younger. Just the money that I saved from not drinking or smoking paid for most of my Model S.

            Also, this is my only car.

        • SUMmaro400ex

          $30k is definitely not average for a car. $30k may be closer to average for an SUV like the Ford Explorer, but any car that starts at $30k is usually in the luxury category.

          • Michael Compton

            Dude, what? $30k is not anywhere near the “luxury” level.

            $30k is a frieken honda accord. That’s not Luxury.

            Luxry starts around $45k at the least

          • zhaphod

            I know that the prices mentioned are USA specific. But I still got a chuckle when I read “$30k is a frieken honda accord. That’s not Luxury.”. I am from India and I am in top 2% of salary earners. Even I can’t afford an Accord in India.

          • SUMmaro400ex

            $30K is no where near luxury? Well the BMW 3 series starts at $32K, the Acura TSX starts at $30,600, the ACURA ILX Starts at $26,900, the Mercedes Benz CLA starts at $29,990, the Infiniti G starts at about $32K. So sure, you can pay $30K for a “fieken” Honda accord, but you could also purchase any number of luxury vehicles starting at that price.

          • Michael Compton

            None of those cars are luxury class vehicles… Those are sport coupes / sedans and not anywhere near luxury class.

          • SUMmaro400ex

            LOL and with that, I’m out of this conversation. If your point rests on the assumption that those vehicles are “not anywhere near luxury” then I have nothing left to say to you.

          • Michael Compton

            Those aren’t luxury cars dude. Maybe you don’t know about vehicle classes, but those don’t even qualify for the middle luxury class, maybe you could argue entry-level luxury class, but I’ve been in all those cars and they are NOT luxury vehicles. Yes they are nice cars with plenty of great features but they don’t qualify as luxury, they are about the same as a the new honda accord.

            If you want luxury from those brands, you need a 5 or 7 series bmw, an Acura RL or MDX, a Benz CLS / E-class, and honestly infiniti doesn’t make a luxury car, you might argue the qx-56 but i don’t think it would qualify as luxury, more just beefy.

            We have different definitions of luxury, that’s fine, but mine is the more commonly accepted by professional auto enthusiasts. Check out the wikipedia for “Luxury vehicle”, and you will see that $30k barely qualifies for the “entry-level luxury” class.

          • The Chevy Cruze I tested last month stickered at over $28,000 … I think your standards of luxury need some updating.

          • SUMmaro400ex

            I said usually in the luxury category, you can add every single possible option and get a mid sized car to cost a lot, but you could also buy a low end luxury car starting at about $30K. Acura ILX, Acura TSX, Mercedes Benz CLA, BMW 3 Series, all starting right around $30K

          • I get what you’re saying, but I’m sticking to “your standards of luxury need updating”. The BMW 3 series outsold the Ford Mondeo/Fusion in several markets- when you’re a top seller in a class, how is that luxury?

          • SUMmaro400ex

            I will agree to disagree then. I do consider the BMW 3 series, the Mercedes Benz CLA, and the Acura TSX all to be luxury (I’ll give you that the Acura ILX may not fall under the category of luxury).

          • LOL!

    • Michael Compton

      $30k is cheap. Same price range as the honda accord. With a loan you’d be looking at about $350 a month. Consider gas is about $200-300 for most people that’s NOTHING

    • I think you might be over-estimating your “upper-middle class” status there, chief. The AVERAGE transaction price of a new car was $31K last year (http://www.usatoday.com/story/money/cars/2013/09/04/record-price-new-car-august/2761341/) … $30K is in the meaty part of the bell curve.

      • SUMmaro400ex

        It seems you would be correct. However with the median household income at about $51K (http://money.cnn.com/2013/09/17/news/economy/poverty-income/) I would say it seems as though people may be buying more car than they can afford. My household income is nearly double that yet I would never consider buying a $30K at my current salary.

        • Michael Compton

          You’re making an incorrect comparison using average income and average purchase price of a new car. People in the lower bracket of income don’t typically buy new cars, so to say that people are buying out of their price range based on that comparison is invalid. The people who are in the data pool of new car purchases probably have an average income of much, much higher than $51k.

          As for your income… if you make $100k a year you should have no problem buying a $30k car and still covering your other expenses and savings. With $3,000 down on a $30,000 car your monthly payment you’d be looking at about $500 a month for a 60-month loan. At $100,000 a year that’s ~$8,300 a month to spend and save before taxes. $500 / month is easily in your price range.

    • TedKidd

      Greg, cars are really a monthly expense for the masses. Looking at total capital cost is deceiving, particularly at current interest rates.

      When you factor fuel cost gets cut by a factor of at 5 to 15x (saving 10k mile drivers $50 – $200 a month or more just on fuel), leasing or even owning a $35,000 car looks a lot less daunting “for the masses”.

      How about sharing how many miles you drive a year, your cars mpg, and your monthly gas bill? We can see what you might save…

    • Randy

      The AVERAGE car costs slightly more than 30k in the USA

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  • emy
  • Emma

    Wow..nice blog and very much informative as the new cars always have some new
    automotive technology inbuilt in it. More over we are going to explore these vehicles in near future.These vehicles will reduce emission and fasten MPG