Video Summary
- Tesla released a long-range rear-wheel-drive Model 3 with a 363-mile EPA-rated range.- The long-range model costs $3500 more than the standard range initially.
- The long-range version qualifies for the $7500 point of sale tax credit.
- The long-range version becomes approximately $4000 less than the standard range, factoring in the tax credit for those who qualify.
- Range is important for long road trips.
- The cost per mile of range is $100.22 for the long-range model and $148.46 for the standard range.
- There are differences in battery type; long-range models use nickel-based chemistry, whereas the standard-range uses LFP batteries.
- LFP batteries degrade slower, result in less range loss, and allow for charging to 100% regularly.
- Ni-based packs should not be charged above 80-90% for daily use, which helps battery health.
- LFP batteries are also safer and less likely to catch fire.
- Data shows vehicle fires are higher on Tesla as a whole compared to the average automobile.
- Other than the battery pack, all Tesla's RWD Model 3s are equipped with the same standard audio system and infotainment screens.
- The long-range RWD Model 3 is faster than the standard-range RWD Model 3.
- Tesla warranties the long-range battery pack for 20,000 miles further than the standard model.
- With some additional range, better charge, longer warranty, better 0 to 60s/ quarter mile and the tax credits, the long-range version looks to be a better deal.
