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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 Paj on 7/3/2010 4:20:06 AM , Rating: 3
It's good that you know what makes you happy. It's worth noting, though, that the populations of Denmark and other scandinavian countries consistently come out towards the top of happiness and quality of life studies. Maybe theyre the ones who have got it right? After all, what is life but the pursuit of happiness?

RE: Government subsidies
By TSS on 7/3/2010 8:39:15 AM , Rating: 3
After all, what is life but the pursuit of happiness?

In our world, the pursuit of more stuff.

RE: Government subsidies
By Reclaimer77 on 7/3/2010 8:55:56 AM , Rating: 2
Just curious, but how do you measure the "happiness" of an entire population accurately? And what factors are used to determine said "happiness"?

Can you show me links to these studies or something with the methodology also provided?

RE: Government subsidies
By shin0bi272 on 7/3/2010 9:58:15 AM , Rating: 2
well the UN is the one doing the study so its a TAD biased. They measure things like cost of health care (meaning if the country has government run health care it scores higher), cost of energy, population density, number of cars per household, distance between certain things like hospitals and schools, availability of union jobs, etc. So the most socialist countries always come out on top.

Of course this is also the group that has Iran, Libya, and Cuba on its human rights commission and allowed saddam hussein to buy weapons with their oil for food program. So take these "studies" with a grain of salt.

Also when's the last time you heard anything truly positive (fawning over obama excluded) from the media? They only report the doom and gloom stuff so it gets people in the mood to complain here in the usa.

RE: Government subsidies
By BZDTemp on 7/3/2010 7:06:03 PM , Rating: 1
Here is a couple of links:

The finding is not from just one survey but multiple different ones and over several years. Saying the UN is behind as is done some other place here is totally wrong.

RE: Government subsidies
By Reclaimer77 on 7/3/2010 7:44:03 PM , Rating: 1
ok cool. thank you.

(happy now?)

RE: Government subsidies
By BZDTemp on 7/3/2010 8:45:30 PM , Rating: 1
Pretty much :-)

I forgot to mention that the OECD is behind some of the studies. Plus that we are not just happy but also the third most friendly place to do business trailing only you guys and Switzerland.

RE: Government subsidies
By Reclaimer77 on 7/3/2010 8:54:01 PM , Rating: 1
LOL well I doubt we're very high up on the list anymore. Given the blatant anti-business agenda of our President and Congressional leaders.

RE: Government subsidies
By BZDTemp on 7/3/2010 9:39:32 PM , Rating: 1
Maybe - maybe not.

Remember we have socialism and still manage to stay in the #3 position :-)

For instance over time the public health care reform could lead to a work force being less afraid of losing their jobs. That again could mean a work force demanding more of their leaders (not just money but influence and more) but also making good companies stronger.

I think your current President has done much for the US in making the world see the US in a more positive light and I'm sure that makes a difference when US companies want to make business importing and exporting.

The growing focus on green thinking is also something which I think will benefit in the long run. There simply is no getting around the fact that oil will run out in a not to distant future so moving towards oil independence is necessary both political and financially.

Right now we, Denmark, is the world leader in making Windmills thanks in part to a few decades of Government support for the industry. It is fast growing industry so there is a ongoing battle for market shares. The Chinese are moving into this market and there are also some US players which will be helped a lot by the increased focus on green thinking. In fact the Danish wind mill companies have all started up production in the US which is good for us but certainly also for the US.

RE: Government subsidies
By BZDTemp on 7/3/2010 9:24:26 AM , Rating: 1
For sure the formula to happiness is not a easy one and it also it not like we all want the same.

Part of what helps people here be happy is that safety in all aspects of life is ensured. It may sound a bit dull if you're young and immortal but I'm very certain anyone being a parent or at an age where ones own parents are retired will agree that safety is important.

If you loose your job there is no worries on what if you or a family member gets ill. If you should have the rare misfortune of having a child with a severe disability the you can choose to stay home with that child and the government will cover your normal salary till the child is 18.

If you are unemployed you are ensured money to make a decent living. There may not be money for nice holidays every year or nice designer clothes but you will have money for food and an okay place to live and so on. A system like this means a few people will become free loaders but it is a minority and for sure it is worth something knowing that your fellow man will never have to live on the street.

We have crime but very little. Corruption is pretty much none-existing and our democracy is transparent.

RE: Government subsidies
By shin0bi272 on 7/3/2010 9:51:42 AM , Rating: 1
The russians were pretty happy with their communist revolution too for a few decades.

RE: Government subsidies
By knutjb on 7/3/2010 11:25:59 AM , Rating: 2
Then they ran out bourgeois to blame/kill then they picked on the land owners, aka farmers. After killing off a whole bunch of farmers a whole bunch dies of self inflicted starvation, Stalin later repeated this in the Ukraine to fix a problem with those who did not agree with his ways.

Yep happy or else...

“And I don't know why [Apple is] acting like it’s superior. I don't even get it. What are they trying to say?” -- Bill Gates on the Mac ads

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