U.S. electric carmaker Tesla preparing IPO-sources, page 1
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ATS Members have flagged this thread 8 times
Topic started on 20-11-2009 @ 05:20 PM by SLAYER69


I can't afford one but I think it's great that somebody is building a sports model. Outside of the EV1 most electric vehicles appear about as exciting as watching paint dry. They are planning to build them in the US. California to be exact. One tiny bit of positive news in a field of economic nightmares.


Tesla motors

VENTURE FUNDS BACK GREEN CARS

The carmaker is developing a second, lower-cost model, an electric sedan known as the Model S, which will have a base price of $49,900.

Tesla said in September it delivered 700 Roadsters since February 2008. The Roadster, which is built on a Lotus frame, can go from zero to sixty miles an hour in less than four seconds, making it faster than a Porsche 911 or a Ferrari Spider.

The electric car start-up was offered $465 million in low-cost loans by the U.S. Department of Energy to help build the new Model S. Tesla said it will build the new car in California.

Tesla's investors include Google Inc (GOOG.O) founders Sergey Brin and Larry Page.


[edit on 20-11-2009 by SLAYER69]


reply posted on 20-11-2009 @ 11:01 PM by SLAYER69
reply to post by tamusan



Exactly many innovations come out of the auto racing and sports car manufacturing.
It will be a blast to see them on the road silently flying by....


reply posted on 20-11-2009 @ 11:13 PM by RussianScientists
reply to post by SLAYER69


Colorado has the worlds largest rebate on Tesla Roadsters, well worth looking into.

[edit on 21-11-2009 by RussianScientists]


reply posted on 20-11-2009 @ 11:35 PM by tamusan
reply to post by RussianScientists


I can't seem to follow your math. So far as I know, the car cost 110k. And in your article it says the 49k "tax write-off" is 35% of the total cost.

Edit for typos. Geez, I teach English?

[edit on 20-11-2009 by tamusan]


reply posted on 20-11-2009 @ 11:39 PM by tamusan
reply to post by SLAYER69


I'm all for seeing anything pass me on the road that is made in the U.S.A and people want to buy.


reply posted on 21-11-2009 @ 12:06 AM by RussianScientists
reply to post by tamusan


bits.blogs.nytimes.com...

[edit on 21-11-2009 by RussianScientists]



reply posted on 21-11-2009 @ 01:10 AM by tamusan
reply to post by RussianScientists


You removed everything, so I can no longer make my point. Then again, you removed everything, so maybe I did make my point.

I hope those tax rebates spur some sales for Tesla. I'd like to see them become a major player.


reply posted on 27-11-2009 @ 01:03 AM by happygolucky
reply to post by SLAYER69



I thought this would have gotten more responses.



Heavy is the head that wears the crown...





Looks like Downey landed the gig...


Once again the LBC takes second place...with another possibly on the way in Nor Cal. Good for the ailing economy here...


West side scored...





reply posted on 27-11-2009 @ 02:45 AM by plumranch
reply to post by SLAYER69


Tesla will compete with established automakers like Ford, General Motors and Nissan Motor Co (7201.T), all of which are racing to launch electric or plug-in hybrid vehicles. Tesla, by contrast, is a small player with a high-end market and limited production


With a name like Tesla Motors it should easily compete with Ford, Nissan and Government Motors! Especially on the high end side!
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