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Tesla Roadster 2.5  (Source: Tesla Motors)
Extended production sales leads to the electric sports car's makeover

The Tesla Roadster is receiving its fourth major production update with the new Roadster 2.5, a revised version of the electric sports car with a new grille and rear bumper.

The 2011 Tesla Roadster 2.5 received an updated grille that resembles the design of the Model S as well as a new rear bumper with a diffuser element. Other cosmetic changes include more comfortable seats, improved surface finishes and an optional seven inch touchscreen display that includes a backup camera. So far, there are no powertrain changes to the vehicle.

Earlier this year, Tesla planned to stop production of the Roadster and announced in a Form S-1 filing of its preliminary prospectus with the U.S. Securities and Exchange Commission that the company would replace the Roadster with a new model that would be introduced in 2013 at the very soonest. 

But in March of this year, the auto company said they negotiated further with key suppliers and felt they could increase the Roadster's production by 40 percent, extending sales into 2012. Undoubtedly, Tesla's recent success with their initial public offering, which helped the automaker earn over US $226 million from share purchases, has put the company in a better financial place and is helping them stay on track with the 2012 goal. 

Originally, the shares were expected to sell for $14-$16 a piece, but ended up selling for $17. In addition, there was an increase in the number of shares sold. Tesla planned to release 11.1 million shares, but released 13.3 million shares instead, and at a higher cost, which makes this a triumphant success for the auto company. Though, only 17 percent of shares have been sold to the public.

Tesla stocks are now over $21.50 a share, and Tesla is valued at US $1.33 billion. With the IPO's help in bringing Tesla out of a financial crisis, the company's production plan consists of releasing the Roadster 2.5 in 2011 and the Model S in 2012. In addition, the automaker has opened two new Tesla stores in Newport Beach, California and Copenhagen, Denmark. 

No prices on the Roadster 2.5 have been released yet, but the vehicle is available for order and will appear in Tesla stores everywhere "soon."








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RE: eye candy for people with too much money
By muhahaaha on 7/2/2010 5:53:08 PM , Rating: 1
Living in Arizona, and with the heat here (110 degrees right now), I'd probably be lucky to get to work and back (60 miles round trip) on a full charge. These cars don't even come close to their expected range in less than ideal environments.

Add in factors such as additional passengers and added weight from stuff in the trunk, and forget it.

You basically have a 100K toy to cruise around the hood to show how cool you are, not a functional every-day car.


By nmrahde on 7/2/2010 6:18:13 PM , Rating: 2
I'd like to see decrease in battery charge times myself.

If I forget to get gas on the way home from work, I usually have time in the morning to fill up.

I think the roadster has a 3-4 hour charge time currently.


RE: eye candy for people with too much money
By muhahaaha on 7/2/2010 6:19:06 PM , Rating: 3
Not to mention, the battery technology of today is not that great, and due to the problem with only a limited number od charge cycles, and the consequences of charging the battery before it's fully drained (which is going to need to be done frequently if you want enough range to go anywhere) will kill the battery capacity in no time.

Then your going to be out 10K for new battery packs.

At least the prius is hybrid so if your electrical goes bad, you can still drive around with gas.

Electric cars == dumbest idea ever.

Maybe someday when we have better battery or fuel cell tech, or Mr. Fusion. But absolutely not today.


RE: eye candy for people with too much money
By Klinky1984 on 7/2/2010 9:55:45 PM , Rating: 3
"...and the consequences of charging the battery before it's fully drained (which is going to need to be done frequently if you want enough range to go anywhere) will kill the battery capacity in no time."

What are you talking about? The NiMH batteries in the Roadster do not have memory effect nor does Lion or Lipo tech.


RE: eye candy for people with too much money
By muhahaaha on 7/3/2010 7:45:03 AM , Rating: 2
You are correct in theory, but having used NiMH batteries personally in my home electronics for years, it is unfortunately a fact that they end up failing after maybe 100-200 charge cycles. I have piles of NiMH batteries that I should throw in the trash because I put them in my charger and get a red blinking LED telling me they are douched, but I keep thinking that maybe there is a way to restore them.


By shin0bi272 on 7/3/2010 9:49:32 AM , Rating: 2
They make great slingshot ammo... Reduce, Reuse, Recycle :)


RE: eye candy for people with too much money
By MGSsancho on 7/2/2010 6:25:10 PM , Rating: 4
quote:
You basically have a 100K toy to cruise around the hood to show how cool you are, not a functional every-day car.
That is exactly what it is. Tesla never promised it was a commuter car.


RE: eye candy for people with too much money
By muhahaaha on 7/3/2010 8:49:36 AM , Rating: 2
It's nice that someone agrees with the facts.

This site is getting overrun with brainwashed, PR kool-aid drinking tards.

Do your own research if you doubt me.

What do you think that 50 thousand electric cars are going to do to the electric grid?

Oh, and did you know that most of our electricity is produced by burning fossil fuels?

So explain to me how electric cars are green.

And now I'm going to have to worry about my neighbor sneaking an extension cord onto my outside outlets and "filling up" for free.


RE: eye candy for people with too much money
By muhahaaha on 7/3/2010 9:09:34 AM , Rating: 2
Seriously, do you understand the implications of electric cars?

Now, each of us are effectively potential gas station.

There will be a new kind of theft coming to you soon.

I'm going to have to padlock the outlets on my front porch which I use for my Xmas tree lights or my boom box.

This is not going to push green energy in any way.


By timmiser on 7/4/2010 4:37:15 PM , Rating: 2
Really? Can you imagine? Your neighbor sneaking over with his orange extension cord and plugging into your outside outlet and then come back 4 hours later to unplug? While he's over on your property, he can go ahead and hook up his garden hose to water his lawn and then splice into your cable TV and internet at the same time. Yep, this whole electric car thing is just what it will take to make your pesty neighbors go wild. Next up: Drive by pluggers!


By shin0bi272 on 7/3/2010 9:44:41 AM , Rating: 2
all the more reason for solar panel subsidies! </sarcasm>


RE: eye candy for people with too much money
By Pudro on 7/2/2010 6:35:03 PM , Rating: 2
The batteries are climate controlled, so while that may lower your mileage, it won't be to the ridiculous extent to which you claim.


By muhahaaha on 7/3/2010 7:47:12 AM , Rating: 2
PR Nonsense


"We don't know how to make a $500 computer that's not a piece of junk." -- Apple CEO Steve Jobs














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