LOG IN

Share

Tesla Motors Reports 1000 Orders for Model S

 Tesla Motors Reports 1000 Orders for Model S
Tesla Model S - hi res

Model S is a 5+2, 4-door electric sedan that does 0 to 60 mph in 5.6 seconds and can go 300 miles (488 km) on a full charge

San Carlos, California-based electric car maker Tesla has reported it has already received over 1,000 orders for its new Model S sedan.

The Tesla Model S was launched on March 26th and is available to order for a (refundable) reservation fee of 5,000 US dollars. Tesla does not say when the first of those Model S sedans will be delivered to customers. Tesla currently has about 400 of its Roadster models out on the street.

The Model S is a 5+2 (seating up to 7 people), 4-door electric sedan. The torque advantage of a electric vehicle is evident in its 0 to 60 mph (100 km/h) performance of 5.6 seconds. Tesla claims the Model S can go 300 miles (483 km) on a full charge. A charger kit allows use of 120, 208 or 240 volt electrical outlet, which takes several hours. The battery can also be re-charged in about 45 minutes from an external direct current line.

Due to a federal tax credit of 7,500 US dollars for fully-electric vehicles, customers can pick up a Model S for 49,900 US dollars (36,635 euros).

Details on the production of the Model S are sketchy, though. Tesla is currently applying for a 350 million dollar US government loan to build an assembly plant in California to make the vehicle. They do not say where the Model S will be produced in the mean time.

 

Source: Tesla Motors

Tesla surpasses 1,000 reservations for Model S

Low total cost of ownership drives interest in Tesla's sedan and sports car

SAN CARLOS, Calif. - Tesla Motors surpassed 1,000 reservations for the Model S, an all-electric family sedan that carries up to seven people and travels up to 300 miles per charge.

Tesla launched the car March 26, and reservations immediately began streaming in online and at showrooms in California. The anticipated base price of the Model S is $49,900 after a federal tax credit. The $5,000 reservation fee is refundable.

But sticker price is only one part of a car's total cost of ownership. If you account for the much lower cost of electricity vs. gasoline at a likely future cost of more than $5 per gallon, the Model S is equivalent to a gasoline car with a sticker price of about $30,000, such as a Ford Taurus, Honda Accord or even a Toyota Avalon or BMW 3-Series. Those savings are realized immediately if you lease a Model S, so there is no need wait years to earn back the price difference.

"The Model S is a better value than much cheaper conventional cars," said Tesla CEO, Chairman and Product Architect Elon Musk. "Despite the enormous environmental benefits, lower total cost of ownership will soon become the primary motivation for consumers to evolve from gas guzzlers to EVs."

Performance with a Clean Conscience

Tesla is the only production automaker selling highway-capable EVs in North America or Europe. With 0-60 mph in 3.9 seconds, the Roadster outperforms almost all sports cars in its class, yet is more than twice as energy efficient as a Toyota Prius and delivers 244 miles per charge - the only car that offers performance with a clean conscience.

Tesla has delivered more than 400 Roadsters to customers so far. The base price of the Roadster is $101,500 after a $7,500 federal tax credit.

The Roadster has a far lower cost of ownership than comparably priced sports cars -- even after factoring in a battery pack replacement. The lower cost of electricity vs. gasoline, the relative lack of maintenance on an EV, and state and federal tax incentives may result in lifetime savings of at least $26,000 compared with a similarly priced gasoline sports car. The Roadster also liberates owners from detours to the gas station and inconvenient trips to the mechanic for routine oil changes, exhaust system repairs and other internal combustion engine maintenance.

"Some Roadster customers are sports car enthusiasts. Some are environmentalists. Some care about energy security. All are discriminating and value conscious consumers," Musk said. "Now we're seeing the same attributes in customers who opt for the Model S. People who drive Teslas refuse to compromise on value, performance or efficiency."

 

Related Articles

Add comment

Comments (21)

 maomario maomario
The price is very important ! but every time i think when someone think to create a ideal car ? finely tesla think to this : why i say that ? it's a car full electric , coupe ,4 dors & great design.Offcourse in the future will comes ideal : cabrio 4 doors with a hard top ! what you can want more ? great car great jub ,great succes !
0
0
July 6, 2009 4:07 pm
 maomario maomario
The price is very important ! but every time i think when someone think to create a ideal car ? finely tesla think to this : why i say that ? it's a car full electric , coupe ,4 dors & great design.Offcourse in the future will comes ideal : cabrio 4 doors with a hard top ! what you can want more ? great car great jub ,great succes !
0
0
July 6, 2009 4:07 pm
 maomario maomario
The price is very important ! but every time i think when someone think to create a ideal car ? finely tesla think to this : why i say that ? it's a car full electric , coupe ,4 dors & great design.Offcourse in the future will comes ideal : cabrio 4 doors with a hard top ! what you can want more ? great car great jub ,great succes !
0
0
July 6, 2009 4:03 pm
 NFSDriver NFSDriver
lovely car all is left is faster recharging other than that its great for every day use, and good looking too
0
0
May 18, 2009 12:39 am
 Kieranieo Kieranieo
i like it
0
0
May 17, 2009 6:12 pm
 WildMaverick1200 WildMaverick1200
Swell
0
0
May 16, 2009 3:20 am
 SebXX SebXX
Guys stop with your V6/V8 dreams... The guys at Tesla did a great car, powerful with enough range from a pure electric powertrain : let them keep it as is !! And Tesla, please send some to Europe...
0
0
May 13, 2009 10:28 pm
 HEMI426 HEMI426
very beatiful, but an electrical engine just doesn't fit with cars like these. Put a v6 or something like that in it an let it run on E85 or hydrogen
0
0
May 13, 2009 10:22 pm
 IKA595 IKA595
Lorinser rims was first thing,i like them but on Merc).That car has future so please next time other some Electroelegance rims
0
0
May 13, 2009 9:13 pm
 Vlad Vlad
If only this wasn't electric ;-) Beautiful Car nonetheless
0
0
May 13, 2009 7:27 pm
 GRAVE GRAVE
nice Lorinser wheels
0
0
May 13, 2009 6:36 pm
 scratchy996 scratchy996
nice , now they have to find a way to recharge in 5 minutes.
0
0
May 13, 2009 5:33 pm
 effington effington
ahh see the american car industry is fiiine... as one giant falls another will step up to take its place... bring it fisker + tesla! fight it out for the american top spot... and for all those workers that will work for a simple dime when the giant finally dies!
0
0
May 13, 2009 5:21 pm
 smohed smohed
It looks like Jaguar XF ... don't you think so?
0
0
May 13, 2009 5:18 pm
 EhEmGee EhEmGee
5+2??? Are the "+2" supposed to sit in the trunk?
0
0
May 13, 2009 5:09 pm
 Joe_Limon Joe_Limon
If you are going to copy, copy from the best! I am glad it doesn't look like a panamera.
0
0
May 13, 2009 4:17 pm
 RzGTmorio RzGTmorio
That car looks so nice, but has a very forward to Maseratti ...
0
0
May 13, 2009 3:40 pm