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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: Government subsidies
By Reclaimer77 on 7/3/2010 12:31:42 AM , Rating: 2
Yeah that post was clearly -1 material. Man, I was a rude inflammatory stark raving madman with that post :P

RE: Government subsidies
By Dewey115 on 7/3/2010 12:52:53 AM , Rating: 2
I do agree, people abuse the -1 rating, just because they disagree. If we were all the same and had the same opinions this would be a boring world...

RE: Government subsidies
By shin0bi272 on 7/3/2010 10:14:32 AM , Rating: 2
the rating system here should be like the one on toms hardware. There everyone can rate every one's every post (meaning the +/- buttons are on every post), and you can reply without your vote being deleted.

But hey DT has their thing and those of us who dont care so much about being voted up or down but speak the truth just set their threshold to -1 and read everyone's comments and reply accordingly.

RE: Government subsidies
By Reclaimer77 on 7/3/10, Rating: 0
RE: Government subsidies
By BZDTemp on 7/3/2010 7:21:24 PM , Rating: 1
Reclaimer77 - how do you know someone used multiple accounts to vote you down? I'm sorry but to me that sounds more like you're being a bit paranoid:-)

The internet is what it is and if you call someone stupid or similar then frankly you're one of the people which post comments that deserves the -1. Count to ten and read the comment of yours which I commented on. How would you say it comes across? Open minded and respectful or self righteous and condescending?

RE: Government subsidies
By Reclaimer77 on 7/3/10, Rating: 0
RE: Government subsidies
By BZDTemp on 7/3/2010 8:42:14 PM , Rating: 2
Of course we are both entitled to our opinions.

OH please. How am I condescending and self righteous by saying 120% or whatever car tax is freaking insane?

It seems to me you did not catch that I was commenting on your post about the vote issue and not you're original post. In the post I commented on you wrote this:

So if you're a weak minded poorly informed person, you can influence discussion and speak your opinion without actually having the brains to put them into words, or the guts.

How is that not condescending?

And here is another quote:
But most -1's here aren't deserved, certainly nothing from me.

I'd say that is pretty much the definition of self righteous :-)

I'm not saying the debates on DT are even close to being constructive all of the time but saying those that vote your posts down are "weak minded poorly informed" and so on do nothing to improving things.

RE: Government subsidies
By juserbogus on 7/5/2010 2:31:30 PM , Rating: 1
So if you're a weak minded poorly informed person
don't be so hard on yourself.

"When an individual makes a copy of a song for himself, I suppose we can say he stole a song." -- Sony BMG attorney Jennifer Pariser

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