Nick Wade

 
Filed under

electric

 

No More Tesla Roadster

It's all seems very dot com. The company is about to go public, whilst they've got no-one to continue building the Roadster and aren't looking to start again until after the production of the new Model S, which is being funded by a $465 million loan from the Department of Energy. Launching any car is a gigantic expensive gamble and they haven't yet made profit on the Roadster, which leaves them in rather a delicate position. The Model S is planned for 2012 and could well be amazing: a 4 door saloon with gorgeous looks, seats 7 people, goes 0-60 mph in under 6 seconds, and has a range of 300 miles (don't forget the electric bit), for under $50,000. Hopefully. Either they're about to change the world, or it's going to end up very messy.

Filed under  //   car   electric   fail   model s   roadster   tesla  

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