Ben Kallo, senior research analyst with Robert W. Baird & Co., said the changes to the Model S will have little impact on the car's weight and range, while he believes the cars will be safer. Kallo said the close of the NHTSA's investigation and the changes to the car may increase demand.
"I’m sure there were people on the fence on buying the vehicle," Kallo said. If Tesla's cars are safer than gasoline-powered vehicles, this development helps at least people who are pausing."
Kallo estimates the retrofitting will cost in the millions of dollars while cars will likely be retrofitted with a turnaround of a couple days.
Details of the cost of the retrofitting or how long existing drivers will wait for their upgraded cars were not released.
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