Tesla Motors announced Friday new lower Model 7 price, new 90kWh battery pack option and "ludicrous" speed upgrade.
In case a Tela Model S P85D is not fast enough for drivers, Tesla offers now a so called Ludicrous Mode upgrade. The upgrade brings a 10% improvement in the 0 to 60 mph time to 2.8s and a quarter mile time of 10.9s. Time to 155 mph is improved even more, resulting in a 20% reduction.
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The acceleration is indeed ludicrous for a 4-door sedan. This speed upgrade option will cost $10k for new buyers. In appreciation of our existing P85D owners, the pack electronics upgrade needed for Ludicrous Mode will be offered for the next six months at only $5k plus installation labor.
Tesla achieved this new performance enhancements with the development of an advanced smart fuse for the battery. Instead of a standard fuse that just melts past a certain amperage, requiring a big gap between the normal operating current and max current, we developed a fuse with its own electronics and a tiny lithium-ion battery. It constantly monitors current at the millisecond level and is pyro-actuated to cut power with extreme precision and certainty.
That was combined with upgrading the main pack contactor to use inconel (a high temperature space-grade superalloy) instead of steel, so that it remains springy under the heat of heavy current. The net result is that we can safely increase the max pack output from 1300 to 1500 Amps.
Elon Musk also announced a new lower price point for the Model S 70kWh selling now for $70kWh. The third announcement for yesterday's mystery event was a 90kWh battery pack option. New buyers now have the option of upgrading the pack energy from 85 to 90 kWh for $3k, which provides about 6% increased range. For example, this takes our current longest range model, the 85D, to almost 300 miles of highway range at 65mph.
Elon Musk opened the announcement with a brief update on the Model X SUV and the Model 3. The Tesla Model X is on track for first deliveries in two months and Model 3 in just over two years. Musk also hinted on a new Tesla Roadster coming in 4 years with maximum plaid speed.
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Elon Musk will be back on Monday noon to reveal details of the SpaceX Falcon 9 explosion. Iron Man is pretty busy these days.