Elon Musk: 70% Of Incoming Tesla Model S Orders Are For Dual Motor
GQ magazine posted a rather interesting interview segment with Tesla Motors CEO Elon Musk.
The interview focuses solely on Tesla, not on Musk’s sleeping habits or SpaceX or any off topic discussions like we’ve seen in recent Musk interviews.
Two topics of discussion in the interview caught our attention: dual-motor orders and Model 3 details.
First up is dual-motor orders. Elon Musk stated:
“The P85D is a precursor to the Model X, which will use the same chassis and drive train architecture. Demand for the P85D is off the charts. We’re seeing a very high proportion of orders for all-wheel drive, either P85D or 85D (which has smaller, equal sized electric motors front and rear), so 70% plus of our cars will be dual motor. With deliveries of the X due to start next summer, the biggest problem we have at Tesla now is meeting production demands.”
That 70% figure is shocking. We wouldn’t have expected it be over 50%, but apparently the world lusts for all-wheel-drive.
Turning his attention to the Model 3, Musk commented:
“We need the Gigafactory because there currently isn’t enough battery cell capacity for a high-volume, pure electric car at any price. The Model 3 is 20% smaller than the Model S, so the battery pack can be just 80% of the size, but we’re aiming for a 50% price reduction from the S, so we need the factory to make it affordable.”
Notice Musk isn’t stating the previous price target of $35,000. Instead, he’s now saying 50% price reduction from the Model S, which gives a lot of leeway in terms of pricing. Currently, Model S prices range from $74,570 to $105,670 base MSRP. 50% of those figures would give us a range of $37,285 to $52,835.
Check out the rest of the GQ interview with Musk here.