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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 shin0bi272 on 7/3/2010 9:42:29 AM , Rating: 2
I guess you didnt see when top gear tested the tesla on their track did you? They do 3 laps and take the time of the best lap and this POS electric car couldnt get around their 1mi track 3 times before it died.

The 100 mile range is if you are on cruise control driving from point a to point b with no stops in between. If you accelerate too quickly or drive fast you will get much less range out of it.

RE: eye candy for people with too much money
By mellomonk on 7/3/2010 3:16:36 PM , Rating: 2
Everybody loves Top Gear, but it is well known in the car enthusiast community that they 'took creative license' when it came to the Tesla test.

You should take everything on Top Gear with a grain of salt. Very entertaining, but not always that accurate. There are plenty of non-entertainment based reviews of the Tesla out there.
Range, as with mileage in conventionally powered vehicles varies with conditions. The average American daily commute is sixteen miles. Electrics can suffice for a good percentage of commuters, but it seems that the only people who post about range are folks who's needs will not be met.
Personally, even a 5o mile range would allow me to commute to work for a week on a single charge. And like a good deal of folks I own more the one car. I would love an affordable electric vehicle like the Nissan Leaf to do my daily commuting and shopping in.

By shin0bi272 on 7/3/2010 9:26:56 PM , Rating: 2
Ahh little trickery with the editing I see. But still holds true that if you drive the thing flat out you can only go 55 miles... of course that's 55 miles at what 120mph so you get half an hour of driving at full speed? I know that car mileage varies no matter what the fuel is with higher speed driving but to get the mileage cut to what 25% of the advertised mileage is a huge problem. There are places near me where the speed limit is 70 and everyone does 85... I'd be run over if I went 55.

If the tesla people could figure out a way to only use power when accelerating or came up with an alternative way to charge the batteries while in motion (like a generator on the wheels maybe) then the range would be drastically extended and they might be worth a shot. You know? something like the car's alternator so your batteries dont die every time you run the car for a couple of hours.

Then you have infrastructure problems with electric cars too. Because you have to install 480v (I forget the amperage but Im gonna say 50A)cables at gas stations everywhere and then youve got to let people sit at the place for an hour or so to let the thing charge... turning every gas station in the world into a truck stop. Not totally horrible but sort of impractical to renovate/upgrade every gas station for 5 bucks worth of power each person. That is till they jack the price of electricity up to $20/kw (mine's currently 8cents/kwh)

I say that there will be infrastructure problems because not everyone just drives to work and back ... some people drive to their girlfriends house (mine's 3hrs away currently... dont ask), others take vacations to the beach or some famous landmark, or even grandma's house, and even at 200mi range you're gonna need stopping points along the roadside for juice.

Then there's the draw on the already over taxed grid that millions of cars jacking into the system will create... can you say nationwide blackouts? you arent gonna fix that kind of power drain with a solar panel or wind farm.

Point is there are unintended consequences to electric vehicles and until there's a way to charge them at home (with a normal 120v 13A wall outlet) in under 5 minutes and get 200-300mile range from that the will be an catastrophe waiting to happen.

Think about the ethanol problem. They made ethanol from corn and it was less polluting gallon per gallon... unexpected problems arose though. 1) you used 30% more ethanol than you did gasoline so it was no longer as fuel efficient and 2) was no longer less polluting. Then theres the real unintended consequence of 3) the price of food went sky high. In mexico there were food riots because the price of tortillas went up 400% in a year. Here the price of beef and milk went up I think it was 37% in a year.

Here is another example of how our capitalist society really saved us from a huge price spike...but I bet no one is reading down this far so I wont bother talking about that anymore.

"Paying an extra $500 for a computer in this environment -- same piece of hardware -- paying $500 more to get a logo on it? I think that's a more challenging proposition for the average person than it used to be." -- Steve Ballmer

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