The word is out. Tesla will start delivering the first batch of 2012 Model S electric sedan to customers in US. In a attempt to yield max output from Tesla’s Fremont facility in California, the engineering team has been able to complete the production ahead of its schedule.
With over 10,000 models booked already, the Palo Alto Company announced that only a few batches of the battery-powered car would be delivered in the 2012 calendar year. Priced at around $57,400, the Tesla Model S sedan is more practical than that outgoing Roadster that cost over $109,000. However, with accessories and battery upgrades, the Model S will cost more than $100,000.
Just days to go into the official launch of the Model S sedan, Tesla has kept its fingers crossed. Tesla has suffered a loss of over $500 million since 2009, and the success of the Model S will decide the fate of the upcoming sports-ute and crossover.
Apart from developing indigenous electric cars, Tesla is also in a pact to supply batteries for Daimler EVs and Toyota electric drives. Tesla received $465 million in loans from the US dept of energy, from which $360 million has already been utilized so far. The sum accounted for over 80 percent cost of developing the Model S sedan.
Packed with a 40 kilo-Watt-hour battery set, the entry-level Model S features a range of 140 to 160 miles. Whereas, the top-level Signature Performance Model S with 80-kilo-watt-hour battery pack can stretch the limits to 265 miles on all electric. With 0-160 mph of under 6 seconds, the Tesla has pretty impressive power for an electric car. The Tesla Model S has some really unique selling points like customized regenerative braking, customizes steering and Adjustable suspension.