It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
...The stakes are high for the success of the Model S, and not just for Tesla. Its efforts represent a chance for California to add more high-end manufacturing jobs amid a continuing sluggish economy and a 10.8 percent unemployment rate. And the electric car industry, which has suffered from setbacks and sluggish sales over the past year, needs a boost.
"It marks, hopefully, the transformation of Tesla from a wannabe to a mainstream automaker," said John O'Dell, a senior editor at auto information site Edmunds.com.
Tesla's pricey sedans, which sell for between $57,400 and $77,400 before government rebates, are aimed at those with relatively deep pockets. But Musk said plans already are under way for Tesla to build a car that will cost less than $30,000 to make electric cars "affordable to the mass market."
Tesla said it will make 5,000 cars this year, and 20,000 next year. The first 1,200 to be delivered are the deluxe Signature Series Model S, which sell for as much as $105,400 before rebates. Tesla plans to offer the Model X sport-utility vehicle in early 2014....
Hydrogen fuel cell vehicles have the potential to reduce our dependence on imported oil and are also environmentally friendly. In theory, electric vehicles eliminate the need for fossil fuels, but in reality more than 40 percent of electricity in the U.S. is produced by coal plants. Hydrogen, however, produces no pollutants and is a renewable resource. Additionally, a hydrogen-powered car can be refilled in about five minutes which is close to a gasoline tank. This is a huge advantage over electric cars which take hours to fully charge. Finally, the range of an electric vehicle changes based on temperature, so people in snowy climates get a different range than people passing palm trees during their morning commute. Besting EVs again, hydrogen cars are consistant in every market.
Can they not build an econo box electric car for us poor common folk ?? Why can't they build a Volkswagen ( people's car ) with no frills instead of catering to the rich who don't care about fuel prices !!