Tesla Model S

About Tesla Model S

On June 30 2008 Tesla Motors announced that the car formerly known by its codename, WhiteStar, will be a sedan known as the Model S. It will cost approximately $60,000 and have a range of 225-miles per charge. The car will be available from 2010. The factory will be located in the San Francisco Bay Area.

The Model S is being designed as a high performance electric sedan, competing with such cars as the BMW 5-series. This is primarily in order to justify the high costs of high density lithium ion batteries. This business model follows that of the the high performance Tesla Roadster sports car, which is priced close to $100,000 USD.

Initial pricing is estimated at $50,000 for the standard model or $65,000 for a premium model with greater performance and range. Profits from the Model S are expected to fund development of a more affordable third vehicle codenamed "BlueStar".