Tesla's Model S Sets New Distance Record on Single Charge
Tesla Motors, Inc. 's TSLA Model S set a new world record for the distance traveled by an electric car on a single charge. Bjorn Nyland, a Model S P85D owner, recently drove his vehicle for 728 kilometers or 452.8 miles on a single charge. This is nearly double the estimated range of 253 miles per charge for the vehicle. The previous record for the Model S, which was achieved in May 2012, stood at 423.5 miles.
Nyland set the new record by driving the Model S P85D at a speed of 25 miles per hour, which provides the best range according to him. He uploaded a video of the drive on his YouTube channel, which focuses mainly on his travels in his Tesla vehicle. Interestingly, Nyland has been recognized by Tesla CEO Elon Musk as the first Tesla owner to fetch 10 referrals.
This impressive feat should help reduce the range anxiety of prospective buyers. Range anxiety refers to the concern of electric vehicle owners that their vehicle will run out of charge before the battery can be recharged. The limited number of charging stations and low range of most electric cars are the main reasons for this anxiety.
In Mar 2015, Tesla announced a new software update that added two applications to the Model S to end the range anxiety of owners. The Range Assurance application communicates with Tesla's Superchargers and destination chargers, and warns a Model S driver before the car drives out of one's range. The navigation system also displays a map of the suitable charging locations and guides the car to the nearest one. The Trip Planner application figures out the best route to a destination, based on the charging stations along the way.
Tesla currently carries a Zacks Rank #3 (Hold). Better-ranked automobile stocks include Ford Motor Co. F , PACCAR Inc. PCAR and U.S. Auto Parts Network, Inc. PRTS , all carrying a Zacks Rank #2 (Buy).
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