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Tesla offered nuclear plant in France, and more | Autoblog Minute

Longtime GM design chief Ed Welburn retires, Lincoln says it has high customer interest in Continental, and could Tesla build the Model 3 in France? Senior Editor Greg Migliore reports on this edition of Autoblog Minute. Show full video transcript text [00:00:00] General Motors' long time Vice President of design, Ed Welburn, announced his retirement this week. He joined GM in 1972 and he's just the sixth design chief in GM's 108 years. He's being replaced by Michael Simcoe who is Vice President of design for GM's international operations. Now Ed Welburn's time at GM dates back to when he was 11 years old. He wrote a letter to the company saying he wanted to be a designer. [00:00:30] Someone at General Motors got back to him and the rest is history. Lincoln already has 40,000 hand raisers for the new Continental. Now those aren't Tesla figures but it's still a very healthy number and shows a lot of interest for its new flagship sedan. The Continental will replace the MKS in Lincoln's lineup. Continental will be in showrooms this fall and it will offer a 3.0L V6 twin-turbo with 400 HP. Lincoln President Kumar Galhotra said, "No other Lincoln vehicle has [00:01:00] generated this much interest in this little time." This week in Tesla news, Reuters reports that a French government official has offered Elon Musk the site of a an old nuclear reactor to build a car factory. The reactor, which is located in the Alsace region of France, is set to close at the end of this year. Now this notion is not that far fetched. Musk says that he would consider it. Meanwhile demand for the Model 3 continues to be strong and has attracted hundreds of thousands of hand raisers. [00:01:30] Those are the highlights form the week that was. Be sure to come back this Saturday for my full recap where I'll have additional insights into the automotive industry. For Autoblog, I'm Greg Migliore. Autoblog Minute is a short-form video news series reporting on all things automotive. Each segment offers a quick and clear picture of what's happening in the automotive industry from the perspective of Autoblog's expert editorial staff, auto executives, and industry professionals. Lincoln Tesla Autoblog Minute Videos Original Video

Tesla having trouble selling all over Australia, too

Australia and Texas have more in common than those super macho hats. Indeed, when it comes to Tesla Motors' attempts to sell its all-electric Model S to the public, the country Down Under and the Lone Star state continue to insist on the old-school approach to car sales. Which has never sat well with California-based Tesla. Tesla, which started sales in Australia early last month, is encountering opposition from the Australian state of Victoria. The issue, as with much of the US, is Victoria's adherence to the traditional auto distribution network where automakers sell only through third-party dealerships. That means folks visiting Tesla's showroom in the Victorian city of Chadstone not only can't buy a sedan there, but they can't even discuss pricing, says Bidness Etc. Regulators in New Jersey, Michigan and, yes, Texas have taken a similarly hard line approach to Tesla and its wishes to own its distribution network outright. All is not lost, however, as Tesla's Sydney dealership is fully operational. The automaker is looking to connect Canberra, Melbourne and Sydney via a Supercharger fast-charging network similar to the one strung across parts of North America and Europe. The Model S in Australia starts at around $82,000 US. Those curious can check out Tesla's Australia page here. Featured Gallery Tesla Model S View 24 Photos News Source: Bidness Etc. Green Tesla Electric victoria

Tesla will 'probably' raise Model S price in Europe

The price for the Tesla Model S around Europe started higher than the US price but then went down. On a recent conference call with investors last week, CEO Elon Musk said that the future price will be going up. Probably. The hike is unlikely to be major, and Musk said that it's all part of the occasional purchase price adjustments that the company needs to make: We're probably going to have to adjust the price of our car in euros upwards because there has been a 7 percent change in the exchange rates of the euro versus the dollar. So we'll periodically have to make pricing adjustments if the exchange rate band gets too wide. I would certainly encourage anyone in Europe to purchase their car soon because we probably will have to make an adjustment there. Some example Model S starting prices in Europe are 66,640 euros ($82,712) in Belgium, 65,740 ($81,595) in Germany and 59,440 euros ($73,776) in France. For now, anyway. At the beginning of 2014, a dollar got you 72 euro cents. Today, it gets you 80. That might not be a big difference when you're buying brews for your new best friends at the hostel, but as Deepak Ahuja, Tesla Motors' Chief Financial Officer, told investors that, "as the euro weakens, the effect on our revenue is immediate." You can read a full transcript of the call here and listen here.