Tesla Model S – Five Passenger Electric Car for $60 000
June 30th, 2008After many speculations it’s now official – Tesla Motors has named its fully electric five passenger car Tesla Model S. The announcement was made during the press conference in San Carlos, California where the headquarters of Tesla Motors is. California Governor Arnold Schwarzenegger was one of the announcers along with California Treasurer Bill Lockyer and two chiefs from Tesla Motors – Ze’ev Drori, CEO and Elon Musk, the chairman of the innovative automotive company.
The original plan was to manufacture Tesla Model S in New Mexico, but the production was brought back to California, much to the disappointment of New Mexico governor Bill Richardson (can’t be said about Governor Arnold Schwarzenegger who could not conceal the joy over the steal). This of course plays better for Tesla Motors as a company anyway, since now their headquarters as well as the assembly plant will be close to each other.
California of course had a good share in attracting production of Tesla Model S back to its state by offering the company incentives that New Mexico was not able to match – those include tax exempts for for green car manufacturers as well as special grants to help train employees. According to California state treasurer spokes person, these incentives could save Tesla Motors up to $9 million.
Tesla Model S is looking good. It can drive for 225 miles on a single charge and comes at a fair cost of $60,000.
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