Tesla Model S received its last major update in 2016, four years after it was put into production, and reports now show that the company is planning another major update for the electric car later this year, which includes a decorated interior and drive units out of Tesla Model 3.
CNBC reports that the model S update will be modeled according to model 3 in many ways, with a new minimalist interior like the one that received a lot of attention on the smaller car, premium seats from the Long Range and Performance Model 3, and the new drive units from the Model 3, including various engines, inverter and gearbox.
CNBC also reports that the car will get a battery that is capable of 400 miles of range, which will be an increase over the current maximum EPA estimated area of 370 miles for Long Range S, and the updated model is "aim" for a production start in September this year.
Correction: This article previously stated that the maximum range was 345 miles, which only applies to model S performance trim.
The CNBC report also goes into some alleged details of the Fremont factory's preparation for manufacturing Tesla Model Y, although Tesla has not yet announced some important details about its production plan. Here's more from CNBC:
These initiatives can increase the cost of Tesla, just as CEO Elon Musk has promised to review every 10th of outgoing expenses personally. But the start of the model Y production in 2019 will allow Tesla to tap into the growing SUV segment faster than later, while a model S update will help maintain or increase its share in the falling luxury sedans market.
The company has barely started placing orders for new equipment to produce model Y, employees said. And while Musk has suggested that Tesla would probably do the crossover SUV in Fremont, Tesla has not officially announced that preparations at the factory had begun.
Making use of model Y production in Fremont will require Tesla to combine model S and model X production in one line, according to the insides. These lines on the car plant take up a considerable floor space today, at least partly because S and X are made with many parts.
I think what CNBC means by the pretty obvious statement that "S and X are each made with many parts" is that they are made with many different parts. This makes it difficult to combine existing production lines, but it should not be impossible. Streaming everything can save Tesla a lot of money.
We will probably hear more about Tesla's model Y model plans and its Elont Musk Fremont facility during second quarter earnings calls later this summer.