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Tesla Motors Inc (TSLA)’s Thursday Update Will Not Be Simple

Tesla Motors Inc (NASDAQ:TSLA)’s upcoming update to the Model S line will not be a simple one, Chris Ziegler ventures in an opinion piece on The Verge.

The reaction comes after Tesla Motors Inc (NASDAQ:TSLA)’s founder and CEO Elon Musk tweeted on Sunday that an over-the-air update the company will be releasing this Thursday should be expected to end range anxiety for the company’s customers. According to Musk, the update will affect the whole line of Model S sedans.

According to Ziegler, banishing range anxiety “isn’t a simple matter”.

“It’s not a question of simply squeezing a few more miles of range out of the Model S’s batteries with more efficient motor control, as could be delivered by a firmware update,” Ziegler writes.

After all, he says, the Model S will still run in to the same issues after 250 miles and that is people will be wondering – and worrying – about what to do if they are somewhere far from a Tesla Motors Inc (NASDAQ:TSLA) Supercharger or their own homes. Towards the end of the car’s range, people will also wonder whether they can charge quickly enough if they are far from home, Ziegler adds.

According to the The Verge writer, this is why he believes that the electric car maker will not just be extending the range of the Model S line with a firmware update on Thursday.

Tesla, is TSLA a good stock to buy,

One option Tesla Motors Inc (NASDAQ:TSLA) could opt for is for a reserve, he says. Nonetheless, he admits that this option is not very smart and that Musk is more likely to favor a better solution to end range anxiety.

Ziegler then ventures that the update may enable the car to “continually calculated your available range versus distance to home or a Supercharger” and warn the driver should they become out of range for a charge.

“The car’s navigation system can already take Superchargers into account when planning routes, but a constant red-yellow-green indicator in the instrument cluster could make a big difference. Being told that you need to start looking for a charger with 100 miles left is a lot less stressful than seeing the same message with 5 or 10 miles left,” he writes.

Furthermore, the company may have found a way for Level 2 Superchargers in their Supercharger network to charge Model S cars considerably faster.

In other words, Tesla Motors Inc (NASDAQ:TSLA) may make a lot of announcements on Thursday and not just a firmware update.

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