Tesla Electric Cars
Tesla Motors might be a small California company that makes electric cars, but it is at the cutting edge of the technology.
The first all-electric Tesla rolled off the assembly line in 2008, and it was a doozy. The Tesla Roadster is a high-end sports car, going from 0-60 in a stunning 3.9 seconds -- impressive for any car, especially an electric one.
But you pay dearly for such performance and technology -- the Roadster starts at $109,000. Tesla has sold around 1,650 Roadsters worldwide.
In 2012 Tesla will begin selling its second model -- the Model S, a four-door sedan.
According to the Tesla website, the base Model S will start at $49,900 (after the $7,500 federal tax credit). That comes with a battery with a 160-mile range. The 230-mile range battery costs $10,000 more, and the 300-mile battery will run you an additional $20,000.
Tesla said it expects to produce 5,000-7,000 Model S vehicles in 2012, then 20,000 per year as it increases capacity at its production plant.
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