Tesla's Staggering Battery Advantage Over Its Competitors
Tesla's Battery Efficiency
There are several factors that make up the efficiency of a vehicle's battery pack. They are: battery kWh, EPA range, and vehicle weight. Recently the Twitter user, Matt Joyce (@matty_mogul), put together a few charts and graphs showing Tesla's staggering battery advantage over its competitors.
Let's take a look at this chart showing the core efficiency based on battery kWh, EPA range, and vehicle weight. The higher on the chart per vehicle weight, the better. Tesla is leading all vehicles with its core set of vehicle types (Model S, Model X, Model Y, Model 3 Long Range, Model 3 Standard Range).
“Competition Is Coming!”The number one reason to bet on $TSLA? Core Efficiency. @Tesla edge leads to the best EV value prop by far.How do you do it @elonmusk? pic.twitter.com/paWiLtusIU— Matt Joyce (@matty_mogul) March 17, 2021
Efficiency based on weight
One thing that would be nice to see is each vehicle with its weight next to it in a chart. Fortunately, Matty produced a table of data that includes the vehicle weight. We can see the data from this below:
Updated core efficiency table here pic.twitter.com/Pj64rza2ba— Matt Joyce (@matty_mogul) March 17, 2021
I think this table gives an even better understanding than the visual graph earlier about the advantage that Tesla has over its competitors. Tesla's efficiency ratings for ALL of its vehicles are in the low 5.0 range. The next nearest competitor is at a 6.6. What does this mean?
The least efficient Tesla vehicle is over 20% more efficient than the next nearest competitor. Tesla is getting more range per pound of vehicle weight from its battery packs than its competitors. Tesla isn't building larger battery packs to try and get more range on its vehicles. It's engineering more efficient battery packs than anyone else.
Why does any of this matter? The reason it matters is because you will get the most bang for your buck when buying a Tesla vehicle. This means you will get the longest range, greatest efficiency, per dollar you spend with Tesla than any other vehicle. For other vehicles to get the same range as Tesla, they would have to add weight with additional batteries, which would cost more to produce, and they would either need to increase their prices, or sell their cars at a loss.
Structural Battery Pack With 4680 Cells is Coming
Tesla is going to be producing cars, probably by the end of this year, that will use its new structural battery pack with 4680 cells. This is Tesla's next version of its battery pack and will provide even greater efficiency and range than its vehicles have now.
What do you think about Tesla's batteries - are they truly ahead of the competition? If not, why isn't Tesla ahead of the competition?
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Jeremy Johnson is a Tesla investor and supporter. He first invested in Tesla in 2017 after years of following Elon Musk and admiring his work ethic and intelligence. Since then, he's become a Tesla bull, covering anything about Tesla he can find, while also dabbling in other electric vehicle companies. Jeremy covers Tesla developments at Torque News. You can follow him on Twitter, Facebook, LinkedIn and Instagram to stay in touch and follow his Tesla news coverage on Torque News.