Tesla motors said:When Tesla formally announced the Model S Sedan last June, the MSRP bandied was about $60,000 for the all-electric sedan. In its newsletter today, Tesla has confirmed that the "anticipated base price" for the Model S will be $57,400. With a federal tax credit of $7,500 available, however, the Model S should cost just $49,900. Details on what's included in the base version of the Model S should be available at the vehicle's official unveiling next week. Tesla says that even with a sub-$50,000 price tag (just barely), the Model S is really competing with cars that cost much less:
Because of tax incentives and relatively inexpensive maintenance and refueling, the lifetime ownership cost will be closer to cars with far lower sticker prices. [...] The Model S will become the car of choice for environmentally conscious and discriminating drivers throughout North America and Europe.
For comparison's sake, the Fisker Karma, a luxury plug-in hybrid sedan, will start at $87,900. The Chevy Volt will probably be somewhere around $40,000, though GM has not made any official announcement about its price.
# - 300 mile range
# - 45 minute QuickCharge
# - 0-60 mph in 5.6 seconds
# - Seats 7 people
# - More Cargo space than sedans
# - 2X as efficient as hybrids
# - 17 inch infotainment touchscreen
Frankly this looks amazing, sounds less damaging then combustion engines. However if electric cars become mainstream- we'd have an increased demand on electricty, which is still widely coal powered.
Also with fuel cells technology improving, would there still be a market for electric cars? I'm biased a tad, I'm an electrical engineering student and a sucker for head turning car bodies.
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