SOURCE: Tesla
The economic principle I’m exploring is "Because of scarcity, people choose. All choices have an opportunity cost." "The article, "New 670 Mile Tesla Range Set” " written by James Gilboy in August 2017 demonstrates the economic principle that all choices have an opportunity. Specifically, Tesla could make batteries with more range but it isn't Tesla's priority at the moment; they are using their scarce resources to meet production quotas.
The Tesla Model S comes with a range of 335 miles on a single charge. In a recently done test it was found that a Model S P100d was able to travel for over 600 miles in a closed circuit. This was done by Hypermiling. Hypermiling is using driving techniques to improve fuel efficiency in car or in this case a Tesla. Peak effeicenty for the car is achieved around 40 kph or about 24mph. The people who ran the test drove around for 28 hours before the battery ran out of juice.
This is a major achievement for electric cars. It shows that it is possible to reach a range well over 600 miles. Most cars only have fuel tanks big enough to go 300-400 miles. With technology improving every day and new discoveries being made, Tesla may soon be able to implement newer and longer lasting batteries into their vehicles, their recent announcement of their 2020 Roadster claims it can go 620 miles on a single charge. If Tesla can pull this off it will be a huge achievement in the electric car industry.
In my next blog post I will research the question: To what extent does Tesla have control over their cars and the batteries even after they're sold?
No comments:
Post a Comment