Tesla Model 3 Battery Strategy To Lead To Strong Margins?

Helping drivers flee Irma, Tesla reportedly issues remote upgrade to boost battery power

But last week, Tesla decided to temporarily make this extra capacity available even to Floridians who hadn't paid for the upgrade to ensure they had enough range to get out of Florida ahead of Hurricane Irma.

Electrek reports that the electric automaker has unlocked the full battery capacity of Model S and Model X 60 and 60D models with 75-kWh battery packs.

Tesla Inc (NASDAQ:TSLA) has provided customers fleeing Hurricane Irma with a free software update that extends the battery capacity of their electric vehicles.

Even the basic Tesla Model S 60 has a range of 200 miles - but the extra boost could be the difference between being stranded or making it home safely. But for Tesla, managing variations using software makes sense, given that the company sells only three vehicles now. TechCrunch, reported that the extra capacity should amount to an extra 30 miles which could be enough to help get a driver to safety.

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The range on electric cars is one of the main reasons why there are still quite a few vehicle owners out there who aren't quite ready to make the switch.

In an email sent by Tesla to its users, the consumers were notified of an automatic adjustment that allowed them to access their car's hidden capacity. If 60kWh buyers found they needed more range and wanted to upgrade later, they could... or if Tesla wanted to suddenly bestow owners with some extra range in case of an emergency, they could.

The update will reportedly be available through Saturday, Sept. 16.

The southern state's Supercharger network-a global grid of 480-volt fast-charging stations-is quite extensive, running from the Keys to the Panhandle.

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