Filed under: Sedan, Tesla, Electric
http://www.blogcdn.com/green.autoblog.com/media/2012/04/2013-tesla-model-s-white.jpg
It seems like we’ve been hearing about the Tesla Model S for a decade, but a report in *Yahoo! *states that the electric sedan is only a month away from production. That’s about one month ahead of schedule, as Tesla is reportedly wrapping up crash testing fast enough to start making the hotly anticipated EV.
The Model S couldn’t come at a much better time for Tesla, as the automaker just announced a first quarter loss of $89.9 million. The prospects aren’t any better for Q2, but the second half of the year should be an entirely different story. Q1 revenue was only $30 million, and the first half revenue is expected to come in around $60 million. With the Model S around for the second half of the year, sales are expected to skyrocket into the $600 million range. Tesla plans to move about 5,000 units in 2012, even though the automaker currently has 10,000 orders in-hand.
Some of those 10,000 hand-raisers might have something more to get excited about, as Tesla announced that the top range Signature model, which features a 85-kWh battery pack, will be able to travel 320 miles on a two-cycle charge. That’s 20 miles more than Tesla previously announced. The first 1,200 copies of the Model S will be Signature models with the largest-possible battery pack.Tesla posts $89.9M Q1 loss, Model S coming sooner than expected originally appeared on Autoblog on Thu, 10 May 2012 09:59:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments http://feedads.g.doubleclick.net/~at/-k_cNRdcm3uweROQunQHUtLZMCc/0/di
http://feedads.g.doubleclick.net/~at/-k_cNRdcm3uweROQunQHUtLZMCc/1/di
http://feeds.feedburner.com/~ff/weblogsinc/autoblog?i=teyx8H6tgo4:xpeO1L25520:wF9xT3WuBAs http://feeds.feedburner.com/~ff/weblogsinc/autoblog?i=teyx8H6tgo4:xpeO1L25520:V_sGLiPBpWU
http://feeds.feedburner.com/~r/weblogsinc/autoblog/~4/teyx8H6tgo4