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Tesla Motors Inc. (TSLA) Gets a Fresh New Look: New Plant, New Plan, New Address

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Tesla Motors Inc. ushered in a few changes lately. Not only does the electric car giant have a new web address, but it recently rolled out a new Model X option too. The chief exec, Elon Musk, also says a new “Masterplan” is on the way. But most exciting of all, the long-awaited Gigafactory will finally be opened at the end of this month.

It all seems to be business as usual at Tesla Motors these days. The negative media that is pummeling the firm might have people thinking otherwise. The company is having a difficult time shaking off its heightening Autopilot scandals. However, Elon Musk and co. have announced some energizing new ventures in spite of it.

Tesla Model X
Tesla Model X

So in case you’ve been wrapped up in bad Tesla news lately, you might like to know that there are a few thrilling new things going on at the world’s most successful EV maker.

New web title

 

The start of this week begin with a change to the automaker’s web address. Tesla Motors has done away with the “motors” part of it domain title and is now accessible through tesla.com. The new address was acquired from Stu Grossman back in February. After years of holding on to it, Grossman finally sold the domain to Tesla.

“Basically, I realized that I would never have the time to use the domain in a productive manner,” Grossman told NamePros a while back. “Between family, work and other obligations, there just isn’t enough of me left over to devote any time to a website.”

On Monday, Tesla finally put the title to use as its own web address. Of course, teslamotors.com still redirects to the site as well. The address also allows the EV company to consolidate its online properties. For instance, teslaenergy.com is now accessible at tesla.com/energy .

Reuters infers that the name change is part of a Tesla brand redesign, which might be part of Musk’s new master plan for the company. If it is anything like the firm’s first grand plan, then it stands to offer investors and the public a pretty good idea about the the luxury EV maker’s upcoming efforts. The last plan acted as a sort of vision statement for last decade. It unfurled everything from the flagship Model S to the upcoming Model 3.

New masterplan for Tesla

Now that the Model 3 is finally on its way, the end of the first plan is coming to a conclusion as well. This next Masterplan could tell of a new chapter for Tesla Motors that spans far beyond the Model 3.

Tesla recently launched its new, all-wheel drive Model X 60D. This new addition is the new entry model for the crossover. It also puts the Model X range further in line with Model S prices.

The new Model X 60D is driven by a 60kWh battery pack. It is the newest Tesla EV and the Model X’s new base model. It replaces the Model X 75D as the entry range product and a has a suitable price tag at that. The 60D goes for $66,500 at standard, making it the .

Tesla admits that this price only comes after tax incentives have been accounted for. Consumers should otherwise expect a base price of $74,000 for the car. Tesla pegged new Model X’s lease price at $866 a month. For this value, drivers gain access to a top speed of 130 mph, the capacity to cover around 200 miles on a single charge, and 0-60 acceleration in just 6 seconds.

Gigafactory opening

The latest and arguably most exciting event in store for Tesla is the launch of its Gigafactory in Nevada. The company sent out invites for its grand opening over the weekend. It is to take place on the 29th of July.

Tesla Motors Inc (TSLA) Gigafactory

The public has known about the event date for several months now but not much else about the unveiling is clear. According to sources, it will be a three-hour get-together with presentations, food, drinks and Tesla EV test drives. We anticipate that Model 3 prototype will be the car being driven as those in attendance are Model S and Model X.

The Gigafactory is big boost to Tesla’s assurances. It has pivotal role to play in the successful delivery of the mass-market Model 3 and other Tesla energy endeavors. The plant will be the globe’s second largest building by volume, scaling 13.6 square feet. It is a $5 billion joint venture with Panasonic and should make the two companies the biggest producer of lithium-ion solution in the world.

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