Tesla's new Model S luxury EV is expected to feature a base price around $60,000. Range is targeted at 240mi (384km) with 'exceptional performance'. The company expects the first of the production vehicles to roll out of the newly announced factory by late 2010. The Roadster, the electric sports car that has built Tesla's fame, will continue to be built by Group Lotus in Hethel, UK.
The move of its headquarters and R&D operations to San Jose from its current operations in nearby San Carlos will make for a minimum of impact on the company, it says, while allowing it to continue to draw on the wealth of engineering and design talent in the Silicon Valley area.
“Locating Tesla’s headquarters, manufacturing and R&D in San Jose will allow us to proceed with minimum disruptions and virtually no dislocations," said Ze'ev Drori, Tesla's president and CEO.
In keeping with the company's green mission statement, the new factory is designed to achieve a gold certification from the U.S. Green Building Council's LEED scoring system.
“Tesla has amazing momentum right now. The excitement within the company is palpable,” said Tesla Product Architect and Chairman Elon Musk. “The company has clearly taken production of all-electric vehicles to the next level, and the Model S assembly plant will dramatically accelerate our growth.”
Tesla already has plans for more models on the horizon, including a crossover in addition to the upcoming Model S.
Reader Comments
Wed Sep 17 2008 9:43 AM
Laz says
I wish I had the cash to buy a Roadster! BTW I'm glad we can leave comments again...
Wed Sep 17 2008 2:16 PM
Gus says
Love the new site!
Click all the ads, Motorauthority rules!!!
When they open this new factory, I'll be the first one in line for a tour... :)
Leave a Comment
Login or register to leave comments.
Please keep your comments on topic. Your involvement is governed by our Privacy Policy and Terms.