Jasman
Member
- First Name
- Jason
- Joined
- May 30, 2026
- Threads
- 0
- Messages
- 10
- Reaction score
- 12
- Location
- Tucson, AZ
- Vehicles
- Acura Integra Type S, Toyota Grand Highlander Hybrid
Elon was perhaps a tenth as wealthy as Bezos before Tesla Shares soared before the pandemic hit. Until around 2021, Tesla only saw sporadic quarterly profits, and those came from selling carbon credits, not cars. If he were truly that wealthy at the time, why would he admit that Tesla was weeks away from collapse during the Model 3 production hell? The idea that they always enjoyed profit margins on cars they sold is an illusion, just because their cars were categorized as luxury. Those margins didn't materialize until much later when production finally scaled. Back then, using a single battery software-locked to a lower kWh capacity would have made sense for bulk procurement and driving down costs. Again, only a small portion of the customers are going to buy the lower range car.Thank you for driving home my point.
Tesla is run by a mad man who was already wealthy at the time. They could do stupid where Slate cannot. Being backed by Bezos is not the same as owned and operated by wealth.
EDIT: Additionally, Tesla was solely a luxury brand at the time with much higher per-vehicle profit margins than the Slate has to play with. They could take a hit on the cost of the extra cells to get more vehicles on the road to build up more brand recognition.
Given that Slate's ethos is "the best part is no part," and their philosophy revolves around having a single component serve multiple functions, producing two differently sized batteries contradicts their approach. Also, the landscape has shifted once the ZEV tax credit was canceled, meaning they can now source LFP batteries globally. Also, I think the reason they state on the FAQ that the batteries are not upgradable from the factory is to have more people choose the extended battery
The lower range may have been announced in 2024 to have a lower starting price. I remember Elon hyping about a $35000 model 3 (they almost got to the price point after a while) and now RJ/Rivian touting a 45k Rivian R2 that they really do not want anyone to buy. See the video below.
They may indeed come out with two batteries on June 24th, and I may have to eat my words, but I would be very surprised if they did.
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