Tesla Elon Musk extends Auto Warranty to 8yrs unlimited miles.

[David]

G. David Felt
Alternative Fuels & Propulsion writer
www.CheersandGears.com

 

Tesla Elon Musk extends Auto Warranty to 8yrs unlimited miles

 

 

It is a good thing to drop into the Tesla Blog every so often as you pick up things that make you go Hmmmmmmmmmmm!

 

Infinite Mile Warranty

 

On August 15th 2014, CEO Elon Musk posted that the Warranty on the Drive unit would now match the Battery pack. So retroactive to the beginning, all Tesla's will now have an 8yr, unlimited mileage warranty on the 85kWh motor and battery pack. Musk states that this should have been the standard warranty from the begining and that the electric motors are more reliable than a more complex moving parts, oily residue polluting gas engine that gets gummed up.

 

To the investors, he does acknowledge that in the short term this will have a negative effect on Tesla as they build up their warranty reserves above current levels as required.

 

With this announcement it does make one think and brings up questions!

 

How many auto's have had electric motor and or battery failures to date?

 

Is this to push off or make go away lawsuits by current auto owners over battery and electric motor issues?

 

What is Tesla trying to hide?

 

Is this a shell game to hide profits?

 

Is this a move to account for on going cash drains?

 

Is this to make you equal to Toyota Prius family warranty of 8 yrs / 100,000 miles warranty on powertrain and battery?

 

Questions, Questions, Questions,

 

What is Elon Musk hiding?

 

What is your thoughts?

[ocnblu]

That's what carmakers do when they are faced with the fact that they build junk.  Chevy did it with the Vega, in a late play to save their asses. 

[Drew Dowdell]

It's also what Hyundai and Kia did to convince customers to buy their cars.... and it seems to be working out pretty well. Almost every sale is a conquest sale for Tesla.

[A Horse With No Name]

Yep. Waiting for them to come out with a cheaper car. I would love to own a Tesla.