Tesla Model X Roadster

Plugging intο the future. In a filing with the U.S. Securities & Exchange Cοmmissiοn, Tesla announced plans tο end Roadster prοductiοn in December. While this is a tad peculiar, since the Mοdel S will nοt be launched until mid-2012, Tesla is cοnfident that they can survive οn selling the remaining inventory οf Roadsters during their year and a half lοng production hiatus. The filing alsο revealed the company will intrοduce a Model X cοncept later this year. Details are limited, but the crοssover will incοrpοrate the functionality οf a minivan with the consumer appeal οf a sports-utility vehicle. If everything gοes according tο plan, Tesla will launch a production Mοdel X in 2014.
Advertisements

PHOTO GALLERY

Read more In Cars

Post Title → Tesla Model X Roadster

ADVERTISEMENTS

Tesla Losses Soar to $154.3 million in 2010

Tesla Motors has just released a preliminary, unaudited financial report concerning the year than ended on Dec. 31, 2010. The company reported losses of US$51.4 million in Q4 2010 and US$154.3 million for 2010, which was almost triple the US$55.74 million loss for the year ending Dec. 31, 2009.
The EV automaker's revenue, however, rose approximately 5 percent in 2010 to $116.7 million. Revenues for the fourth quarter of 2010 were US$36.3 million, a 16% increase from the US$31.2 million reported in the prior quarter. Tesla added that gross margin improved to 26% for the full year 2010, up from 9% for 2009.
The company 's future plans include the launch of the Model S, which is scheduled to go on sale in the middle of next year. Scroll down to read Tesla CEO Elon Musk's statement.

 photos

Read more In Cars

Post Title → Tesla Losses Soar to $154.3 million in 2010

ADVERTISEMENTS

Concept Car : Tesla Model S

Tesla has unveiled the Tesla Model S - as the company says the "world's first mass-produced, highway-capable EV". The Tesla Model S sedan has a range of 300 miles, a 0 to 60 mph acceleration time of 3.9 seconds and an electronically limited top speed of 130 mph. The company say the electric Tesla Model S can be re-charged from any 120V, 240V or 480V outlet, a full re-charge taking 45 minutes from the 480V outlet.

The powertrain of the Tesla Model S is mounted under the floor which offers extra luggage space under the hood. The storage space offers the possibility to carry a 50-inch television, a mountain bike and a surfboard simultaneously. The company offers a range of batteries for the Tesla Model S, with an autonomy of 160, 230 or 300 miles per charge.

Full Story

Post Title → Concept Car : Tesla Model S

ADVERTISEMENTS