[AlwaysOn Going Green] Tesla To Unveil Its Sedan Next Year, Announces San Jose Plant
Story posted on: September 17, 2008
Tesla Motors offered new details on its planned Model S sedan Wednesday, saying the electric car will be unveiled early next year with a maximum 300-mile driving range.
The news from Chairman Elon Musk, co-founder of PayPal, came on the same day the company said it would construct a factory in San Jose. The Silicon Valley facility is to produce up to 20,000 cars a year, boosting the company’s manufacturing capacity from the 25 cars a week Tesla expects in November and the 40-car weekly pace anticipated for early next year.
The company presently makes a two-seat roadster costing more than $100,000 a year. The Model S sedan will start at $60,000 with options potentially bringing the price tag to $90,000.
Musk, speaking at the AlwaysOn Going Green conference in San Francisco, said he hopes to eventually build a $30,000 car, perhaps in a manufacturing agreement with one of the big three auto makers.
The first version of the Tesla sedan will have an option to extend its driving range to 300 miles, he said. Another option will allow a speedy recharge: 85 percent of battery capacity recharged in 45 minutes.
Referring to the Silicon Valley plant, he said: “This will hopefully be the center of the green car revolution.”
By Mark Boslet, Editor at Large.
The news from Chairman Elon Musk, co-founder of PayPal, came on the same day the company said it would construct a factory in San Jose. The Silicon Valley facility is to produce up to 20,000 cars a year, boosting the company’s manufacturing capacity from the 25 cars a week Tesla expects in November and the 40-car weekly pace anticipated for early next year.
The company presently makes a two-seat roadster costing more than $100,000 a year. The Model S sedan will start at $60,000 with options potentially bringing the price tag to $90,000.
Musk, speaking at the AlwaysOn Going Green conference in San Francisco, said he hopes to eventually build a $30,000 car, perhaps in a manufacturing agreement with one of the big three auto makers.
The first version of the Tesla sedan will have an option to extend its driving range to 300 miles, he said. Another option will allow a speedy recharge: 85 percent of battery capacity recharged in 45 minutes.
Referring to the Silicon Valley plant, he said: “This will hopefully be the center of the green car revolution.”
By Mark Boslet, Editor at Large.
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