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A now profitable Tesla motors hopes that a $49,900 Model S sedan will send its profit soaring to even greater heights.

The company is also launching the Roadster Sport model in 2011.  (Source: Tesla Motors)
After years of losses, the company's persistence is finally paying off

Luxury electric car maker Tesla Motors appears to be firing on all cylinders.  Despite a painful couple of years that saw the company cutting back to survive the recession, the company emerged stronger than ever.  Thanks to a new partnership with Daimler, additional engineering, distribution, and marketing resources were gained.  And most importantly, Tesla finally began to deliver vehicles.

Now the company can celebrate an important milestone -- its first profit.  After many months in the red, July saw the company in the black, making $1M USD in profit on $20M USD in revenue.  The profits came thanks to a record 109 cars shipped in the month.  Manufacturing cost cuts also helped to enable the profit.

Tesla Chief Executive Elon Musk comments, "There is strong demand for a car that is unique in offering high performance with a clean conscience.  Customers know that in buying the Roadster they are helping fund development of our mass market electric cars."

Tesla, like many R&D driven greentech firms, offered a target date for profitability.  However, it appears that Tesla is one of the few to actually deliver on such a date -- having projected a profit in "mid-2009".

The Tesla Roadster undeniably features the most attractive production electric vehicle body design to date.  They also offer fittingly sporty performance and a utilitarian 244-mile range.  In other words, while expensive, the Roadsters do deliver a strong experience.  Currently, the Roadsters retail for a base price of $109,000.

Tesla has borrowed $465M USD from the U.S. Department of Energy, to produce a luxury sedan reachable by more customers at a price point of $49,900.  This new model will be called the Model S.

The company is also working with Daimler to create electric versions of the popular Smart car.  Late this year, the company will deploy a fleet of the 1,000 of the electrified ultra-compact vehicles.  Tesla is also set to deploy a higher-performance version of the Roadster -- the Roadster Sport -- in 2011.

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Electric Cars
By btc909 on 8/10/2009 6:35:22 PM , Rating: 2
Install a small Diesel engine connected to a generator then connected to a capaciator which is connected to one large electric motor (no not a hub motor at each wheel) which is connected to 5-7 speed transmission then connected to the drivetrain. It is your choice depending on the added cost if you want to opt for a larger fuel tank for the diesel fuel or a smaller fuel tank for more room for batteries. The batteries would also be connected through the capaciator to extend the lifespan of the batteries so you don't request a heavy drain from the batteries directly during hard acceleration & towing situations & the keep the battery temperature down which will also extend the lifespan of the batteries due to lighter load requests.
If you need to switch betweem two capaciators that's fine. One is being used, one is being charged.

RE: Electric Cars
By TomZ on 8/10/2009 9:34:09 PM , Rating: 2
What capacity of capacitors do you think are commercially available, and how much capacitance do you think you would need for that application?

RE: Electric Cars
By Penti on 8/10/2009 9:58:40 PM , Rating: 2
Skip the transmission, electric engines don't need it. Even trains don't have any transmission. They just have a fixed gear. One normal AC motor without any gearbox is enough. Gearboxes also weights a lot so you would get like the worlds heaviest car if you do like you suggested. PHEVs wouldn't need the diesel/gasoline-engine much.

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