Car X6 Concept

Tesla recently held a celebration in honor of its newest store, located in Milan, Italy. At the event, customers and company-folk mingled while chatting about their favorite electric car company. One of the key talking points was the upcoming Model S, and Tesla took the opportunity to answer a few questions.

Deliveries of the North American-market Tesla Model S are scheduled to begin in the mid-2012. The first 1,000 vehicles peeled off the assembly line will be Signature Series cars, which means they’re fitted with 300-mile range batteries and identifying options. Once the Signature Series run has been sold, Tesla will continue to produce 300-mile range cars while optional 230-mile and 160-mile Model S sedans will follow later in the year.

The base 160-mile range Tesla Model S will start at $57,000, but a $7,500 tax credit will cut that price to $49,500. Stepping up to the 230-mile range Model S will add $10,000 to the bottom line. The range-topping 300-mile Model S adds $20,000 to the base price. Tesla plans to produce 5,000 units in 2012 before going full-tilt in 2013 with a 20,000 vehicle production run.

Not limited to just the North American market, Tesla will being selling the Model S in Europe during the latter half of 2012. By the middle of 2013, the company will have a right-hand-drive version for the rest of Europe and Asia. Those launches will also features the Signature Series edition.

[Source: Tesla]

The Tesla Roadster Sport, a child of Silicon Valley, financed by 38 year old PayPal billionaire Elon Musk, it is the first fully electric supercar with commercial viability. An unconventional motoring start-up founded by Californian software engineer Martin Eberhard.

Eberhard's aim was to develop a car that ran on sustainable energy while, unlike all its competitors, being practical enough to use every day. The difficulty was developing the technology and putting it in a car everybody could afford. The answer was simple; they decided that their first venture would have to start out like the high tech gadgets, hyped-up, over priced and rare, becoming cheaper with time and volume. This would mean that the first line of consumers would fund the development of the company.

The price may seem surprisingly low for what was, until its closure last month, the West Coast's last big car plant. In comparison, the first phase of construction at Solyndra's new solar panel factory, less than a mile away, is expected to cost $733 million.



You may be shopping for a new car right now, enjoying the 2010 models and whichever 2011 cars have already hit the market. Among the newest cars out there are the Ford Fiesta, Jeep Grand Cherokee and the Hyundai Sonata.

2012 Tesla Model s Coming

Tesla, which makes luxury electric cars, reported the price Thursday in a filing with the Securities and Exchange Commission. The filing updated Tesla's application for a $100 million initial public stock offering, giving potential investors information on the purchase as well as the partnership Tesla formed last week with Toyota Motor Corp.

What: A sporty, all-electric luxury sedan from the California start-up behind the Tesla Roadster When: Delivery expected in 2011. Price Range: $57,400 before options

2011 Tesla Model S Price Range: $57,400
before options

Eberhard's aim was to develop a car that ran on sustainable energy while, unlike all its competitors, being practical enough to use every day. The difficulty was developing the technology and putting it in a car everybody could afford. The answer was simple; they decided that their first venture would have to start out like the high tech gadgets, hyped-up, over priced and rare, becoming cheaper with time and volume. This would mean that the first line of consumers would fund the development of the company.

The all-electric 2010 Tesla Roadster proves that you don't have to go slow to go green.The Tesla Roadster is the world's first mass-produced, all-electric, high-performance sports car. While that may sound counter intuitive, test drivers assert that the Roadster lives up to the hype.

The Tesla Roadster Sport, a child of Silicon Valley, financed by 38 year old PayPal billionaire Elon Musk, it is the first fully electric supercar with commercial viability. An unconventional motoring start-up founded by Californian software engineer Martin Eberhard.