Tesla to Build All-Electric Luxury Sedan in California in 2010
Cars

Tesla to Build All-Electric Luxury Sedan in California in 2010


Continuing its investments, Tesla Motors announced that it is planning to build a $250 million facility to manufacture a zero-emission luxury sedan in the heart of Silicon Valley. Named Model S, the five-passenger sedan will be powered by a lithium-ion battery pack and according, it is expected to have a base price of $60,000 and get around 240 miles or 386 km per charge. The first sedans will likely roll off the Tesla’s new assembly line in late 2010. Tesla’s President and CEO Ze'ev Drori said that construction on the 89-acre site would begin in the summer of 2009 and when fully operational, the facility will employ approximately 1,000 workers. -Continued

The company also said that it will relocate its corporate headquarters and research and development efforts to a consolidated campus in San Jose, California. Tesla, which currently produces the all-electric, two-seater Lotus Elise-based Roadster, said that it chose San Jose in part because the region already enjoys a high concentration of highly skilled engineers and support infrastructure. The new factory will be located 20 miles from the current headquarters in San Carlos.

The new plant won’t affect the Roadster as Tesla has no plans of moving production from the Group Lotus PLC factory in Hethel, U.K. Last week the company said it was ramping up production as about 1,200 people have already put down deposits for the Roadster. So far, Tesla has delivered only about 30 Roadsters.





- U Design: Tesla Model C Concept Study For A Compact Electric Hatch By Dejan Hristov
While Tesla Motors started its career and gained worldwide attention through its 2008 electric-powered Roadster that was built around the Lotus Elise and which has since been retired, the Silicon Valley-based carmaker has much bigger plans in store for...

- Tesla Partners Up With Toyota To Develop Evs, Acquires Nummi Plant
Tesla recently finalized its purchase of the advanced (and apparently extremely clean) NUMMI production facility in order to build its upcoming Model S sedan. Tesla hopes to build as many as 20,000 units per year in the southern California facility that's...

- Lotus Elise And Exige Recall Affects Most Tesla Roadster Models
As most of you may already know, the all-electric Tesla Roadster is based on the Lotus Elise with which its shares numerous parts including the rear hub flange bolts that have been deemed defective. According to the NHTSA, on some vehicles the bolts may...

- Tesla Model S Electric Sport Sedan: High-res Gallery And Official Details
The wraps finally came off Tesla's all-new, plug-in electric sports sedan, the Model S, on Thursday in Los Angeles. Concisely, the Model S can seat up to seven passengers (we'll explain this below), sprint from zero to 60mph or 96km/h in just...

- Tesla Shock: Financial Crisis Brings New Ceo, Layoffs And Delay Of Model-s
The economic turmoil that has devastated the stock market is also battering Tesla Motors that is running dangerously low on cash. In a surprise announcement, the Silicon Valley-based firm's main investor, executive chairman and product architect (yep,...



Cars








.