Tesla Model S Gets Over 500 Orders
“Frankly the number of cars reserved in the first week has exceeded our optimistic internal projections. Enthusiasm surrounding the Model S is proof that there’s pent-up demand for more affordable, fuel-efficient vehicles, including those made in America,” Elon Musk, Tesla CEO said in a release.
And take into account that until now, the manufacturer does not have an assembly plant. With production set to begin sometimes in 2011, Tesla has applied for a $350 million loan from the Department of Energy’s Advanced Technology Vehicle Manufacturing Program in order to built its production unit.
As we reported upon its release, Tesla Model S will likely be the world’s first mass-produced, highway-capable electric vehicle. The $50,000 EV (starting price) leaps from naught to 60 mph in under six seconds, with the sport versions capable of reaching the same speed in under five seconds. The Model S will have an electronically-limited top speed of 130 mph (209 km/hour).
Model S will make use of three different battery packs, which will give customers ranges of 160 (257 km), 230 (370) or 300 (482 km) miles per charge. When plugged into a 480V socket, the battery takes about 45 minutes to reach full capacity.
“Tesla is relentlessly driving down the cost of battery technology – similar to what other technology companies did to make cellular phones and laptop computers low-cost commodities,” Musk added.