Tesla Introduces a Cheaper Version of the Model S and Model X

August 15, 2023

By Kevin Armstrong

Tesla has introduced a 'Stanard Range' varient of the Model S and Model X

Not a Tesla App

Tesla has unveiled the Standard Range variants of the Model S and Model X. These original flagships symbolize the brand's essence but have historically not contributed to the bottom line like the less expensive Model 3 and Y have. This move can only be seen as responding to market demands for more cost-effective luxury electric vehicles. Tesla can cater to a broader spectrum of potential buyers and add some more Model S and X sales to the quarterly reports,

Features and Pricing: What's New?

The Model S and Model X Standard Range offer an intriguing blend of affordability and performance. The Model S Standard Range is priced at $78,490 USD, with an estimated range of 320 miles, a top speed of 149 mph, and acceleration from 0-60 mph in 3.7 seconds. The Standard Range sees the vehicle's range reduced by 80 miles and slower acceleration (slower to 60 mph by 0.6 seconds) when compared to the regular Model S.

Model S Comparison

	Model S Standard Range	Model S	Model S Plaid
Range	320 mi	405 mi	396 mi
0 to 60 mph	3.7 sec	3.1 sec	1.99 sec
Price	$78,490	$88,490	$108,490

The Model X Standard Range, priced at $88,490 USD, shares the top speed with the Model S but has a range of 269 miles and a 0-60 mph acceleration time of 4.4 seconds. Both models have Dual Motor All-Wheel Drive and default Pearl White Multi-Coat paint. Similar to the Model S, the Model X Standard Range has its range reduced by 79 miles, and its 0 to 60 mph acceleration raised to 4.4 seconds (up from 3.8 seconds).

Model X Comparsion

	Model X Standard Range	Model X	Model X Plaid
Range	269 mi	348 mi	333 mi
0 to 60 mph	4.4 sec	3.8 sec	2.5 sec
Price	$88,490	$98,490	$108,490

The anticipated delivery timeline for both new variants is September to October 2023. Tesla's potential software-locking strategy to create more affordable variants may spur sales and offer flexibility for future capacity unlocking through software updates.

The Gap in the Lineup: Analyzing the Numbers

Tesla's 2023 second-quarter numbers sharply illustrate the contrast between the original flagships and the more budget-friendly models. The Model S and X only accounted for 5% of sales:

Model S/X production: 19,489, deliveries 19,225
Model 3/Y production: 460,211, deliveries 446,915
Total production: 479,700, deliveries 466,140

With the Model 3 Performance priced at $53,240 and the Model S Standard Range at $78,490, the substantial price gap has long been a point of contention. The new Standard Range variants may attract customers looking for a midpoint between luxury and affordability, thus enhancing Tesla's market appeal.

Canadian buyers can enjoy savings of $13,000 CAD with the Model S and Model X priced at $108,990 CAD and $122,990 CAD.

Tesla's introduction of the Model S and Model X Standard Range variants marks a strategic milestone in its mission to expand accessibility. By offering a stepping stone between its entry-level and luxury models, Tesla is poised to attract a broader audience without compromising the performance and luxury that define the brand.

Tesla Introduces Hands-Free Frunk Opening in Update 2024.32.3

September 7, 2024

By Karan Singh

Not a Tesla App

In Tesla’s upcoming update, 2024.32.3, Tesla has added hands-free support for opening the vehicle’s frunk. This follows the Spring Update (2024.14), which added Hands-Free Trunk support for certain vehicles.

When hands-free trunk support was added earlier this year, it was supported on vehicles that include an ultra wideband chip, which includes the refresh Model S, new Model X, and the 2024 Model 3. Due to the hardware requirement, these will be the same vehicles that support the new Hands-Free Frunk feature. Legacy vehicles without UWB will unfortunately not support either feature due to the hardware requirement. UWB enables far more accurate tracking of the phone key, allowing Tesla to pinpoint its exact location relative to the vehicle.

The Cybertruck interestingly also includes an ultra wideband chip, however, it didn’t include the automatic opening of the gate earlier this year. However, we expect the Cybertruck to also receive the hands-free frunk opening in this 2024.32.3 update or relatively soon afterward.

Update: The Cybertruck is receiving hands-free frunk support in the 2024.32 update as well.

Hands-Free Frunk

The Hands-Free Frunk works similarly to the trunk feature – with an iPhone 11+ and a recent version of the app, you’ll be able to stand in front of your vehicle, and the Frunk will unlatch after sounding a chime. On some vehicles, the frunk will immediately open after being unlatched, however, you’ll need to manually close it.

This new feature isn’t enabled by default – you’ll need to go to Settings > Locks > Hands-Free Frunk to enable it.

At this time, Tesla doesn’t support UWB on Android devices, though both the Hands-Free Trunk and Hands-Free Frunk support will come to Android users in a future app update, according to Tesla.

Exclude Home

With the addition of the hands-free frunk opening, Tesla has also added a new option. You can now choose to disable the automatic opening when your vehicle is located at home to prevent you from accidentally opening. This will apply to the automatic frunk and trunk. In addition, in the Model X, you’ll also be able to disable the self-presenting doors at home. This is a great addition as many people have kept the hands-free feature disabled due to it awkwardly opening in the garage.

In the 2024.32.3 update, Tesla also mentions that they’ve improved the detection of the phone key, which should make the feature more reliable and faster when approaching the vehicle from the front or rear.

Tesla’s Referral Program Launches in Europe

September 6, 2024

By Karan Singh

Not a Tesla App

Following its recent launch in the United States and Canada, Tesla has launched their referral program in several European countries as well.

The program is available in Germany, Norway, France, the Netherlands, the United Kingdom and possibly others. The program is almost the same as the one available today in North America, with rewards for each referral and a discount for those referred. The cap in Europe is also ten per year.

This program comes right on the heels of a 0% financing offer for the Model Y in Sweden and France. While referrals aren't currently available in Sweden, the 0% financing still is.

European Referrals

The European Referral program accounts for country and local currency, where applicable.

Country	Referral Discount	Referral Award
UK	£1,000	£500
Germany, France, Netherlands	€1,000	€500
Norway	kr11,500	kr5,750

The referral reward program is comparable to the one available in North America. After exchange rates, there is only an approximately 10% difference between the available rewards in the US and EU.

Other Countries

We expect this program to start rolling out to other European countries over the next few days or weeks, as Tesla continues to expand its referral program.