Friday, July 20, 2012

Quick Spin: 2013 Tesla Model S

Quick Spin: 2013 Tesla Model S  "You collectively paid $465 million dollars to make this report possible so please read it to the end.

The battery-powered Tesla Model S is officially on the road, thanks in part to the aforementioned Department of Energy loan, but also the backing of many private investors – some of whom are named Brin and Page. Google it if you don’t know what I’m talking about.

The first customer cars are in the hands of their very patient depositors, and one or two cars are being built and shipped each day, a rate that will accelerate as production ramps up through the end of the year. By then, Tesla expects to have delivered 5,000 vehicles, which won’t even fill half of the 11,000 orders currently on its books.  In other words, it’s off to a pretty good start."

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