An overnight test drive for a Tesla Model S P100D did not end as expected for a prospective customer outside of Calgary, Canada. The driver of the P100D — Tesla’s “quickest production car in the world” — was experiencing the excitement of driving the Model S before crashing in Canmore, Alberta, according to Teslarati.
Big repair expenses expected
The driver of the Model S P100D lost control of the electric car and hit a guardrail, according to authorized Tesla body shop Contemporary Coachworks. It is uncertain what the speed of the car was at the time of the accident, but pictures taken afterward show a car that has sustained substantial damage, notes Teslarati.
The biggest problem for the driver of the Model S is what the insurance covers for such a crash. The Model S P100D is priced at $160,000; hence, it seems very possible that the cost of the accident will be significant.
Since last year, the automaker has offered an overnight test drive program, which has been made available at the discretion of a manager. Last summer, a registration form was made available on Tesla’s website, allowing prospective buyers to apply for the overnight test drive program.
The form read that during the exclusive overnight test drive, customers can experience the Autopilot features for themselves. Further, the form says that this extended experience will let them take their time in exploring the car’s groundbreaking performance and features.
“Take Model S home, commute to work and see how seamlessly this award-winning car could fit into your lifestyle. Model S also now comes with the option to activate Tesla’s latest version of Autopilot software. This new self-driving technology makes it even easier than ever to arrive at your destination relaxed,” the form says.
Tesla Q4 earnings: What to expect?
Tesla will report its fourth quarter earnings after the bell on Wednesday. For the third quarter, the automaker posted a surprise profit. According to analysts surveyed by Bloomberg, the electric car maker could lose almost $1.04 per share on an adjusted basis or $160 million for the quarter.
Since the beginning of the year, the automaker’s shares have been rallying and have neared their all-time highs. Some of the gains have receded in the last week, but shares were trading up on Tuesday. People following Tesla’s stock will know that rises and falls are typical for the EV firm.