under 6 seconds
mph (electronically limited)
(from Tesla Press
Release) Tesla unveils world’s first mass-produced,
Model S sedan has
anticipated base price of $49,900, up to 300-mile range and
45-minute QuickCharge capability
Tesla Motors is now taking orders for the Model S, an all electric
family sedan that carries seven people and travels 300 miles per
The Model S, which carries its charger onboard, can be recharged
from any 120V, 240V or 480V outlet, with the latter taking only 45
minutes. By recharging their car while they stop for a meal, drivers
can go from LA to New York in approximately the same time as a
gasoline car. Moreover, the floor-mounted battery pack is designed
to be changed out in less time than it takes to fill a gas tank,
allowing for the possibility of battery-pack swap stations.
The floor-mounted powertrain also results in unparalleled cargo room
and versatility, as the volume under the front hood becomes a second
trunk. Combining that with a four-bar linkage hatchback rear trunk
and flat folding rear seats, the Model S can accommodate a 50-inch
television, mountain bike *and* surfboard simultaneously. This
packaging efficiency gives the Model S more trunk space than any
other sedan on the market and more than most SUVs.
“Model S doesn’t compromise on performance, efficiency or utility --
it’s truly the only car you need,” said Tesla CEO, Chairman and
Product Architect Elon Musk. “Tesla is relentlessly driving down the
cost of electric vehicle technology, and this is just the first of
many mainstream cars we’re developing.”
Tesla expects to start Model S production in late 2011. The company
believes it is close to receiving $350 million in federal loans to
build the Model S assembly plant in California from the Dept of
Energy’s Advanced Technology Vehicle Manufacturing Program.
Building on Proven Technology
Tesla is the only
production automaker already 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 six times as
energy efficient as gas guzzlers and delivers 244 miles per charge.
Tesla has delivered nearly 300 Roadsters, and nearly 1,000 more
customers are on the wait list.
Teslas do not require routine oil changes, and they have far fewer
moving (and breakable) parts than internal combustion engine
vehicles. They qualify for federal and state tax credits, rebates,
sales tax exemptions, free parking, commuter-lane passes and other
perks. Model S costs roughly $5 to drive 230 miles – a bargain even
if gasoline were $1 per gallon.
The anticipated base price of the Model S is $49,900 after a federal
tax credit of $7,500. The company has not released options pricing.
Three battery pack choices will offer a range of 160, 230 or 300
miles per charge.
“Model S costs half as much as a Roadster, and it’s a better value
than much cheaper cars,” Musk said. “The ownership cost of Model S,
if you were to lease and then account for the much lower cost of
electricity vs. gasoline at a likely future cost of $4 per gallon,
is similar to a gasoline car with a sticker price of about $35,000.
I’m positive this car will be the preferred choice of savvy
The standard Model S does 0-60 mph in under six seconds and will
have an electronically limited top speed of 130 mph, with sport
versions expected to achieve 0-60 mph acceleration well below five
seconds. A single-speed gearbox delivers effortless acceleration and
responsive handling. A 17-inch touchscreen with in-car 3G
connectivity allows passengers to listen to Pandora Radio or consult
Google Maps, or check their state of charge remotely from their
iPhone or laptop.
Tesla is taking reservations online and at showrooms in California.
Tesla will open a store in Chicago this spring and plans to open
stores in London, New York, Miami, Seattle, Washington DC and Munich
later this year.
About Tesla Motors
San Carlos, Calif.-based
Tesla Motors Inc. designs and manufactures electric vehicles with
exceptional design, performance and efficiency, while conforming to
all North American and European safety, environmental and durability
standards. The Roadster, which has a 0-to-60 mph acceleration of 3.9
seconds and a base price of $101,500 after a federal tax credit, is
the only highway-capable production EV for sale in North America and
Europe. Tesla expects to begin producing the Model S sedan in late
2011. Details and photos are available at www.teslamotors.com.