Tesla Roadster 2.5 Revealed, Two New Stores Open
July 2, 2010 2:58 PM
comment(s) - last by
Tesla Roadster 2.5
(Source: Tesla Motors)
Extended production sales leads to the electric sports car's makeover
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
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
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."
This article is over a month old, voting and posting comments is disabled
RE: Man, you know you're selling to a rich market....
7/3/2010 11:19:15 AM
can you imagine some homeless guy driving around in a Tesla looking for his next bottle? LOL that would rock!
"We can't expect users to use common sense. That would eliminate the need for all sorts of legislation, committees, oversight and lawyers." -- Christopher Jennings
Tesla IPO Launches Unexpectedly High at $17/Share, Company is Worth $1.33B USD
June 29, 2010, 3:05 PM
Tesla Reveals Three New Upcoming Vehicles in Preparation for IPO
June 22, 2010, 11:01 AM
Tesla Motors IPO Set for June 29
June 16, 2010, 9:49 AM
Tesla Adjusts Roadster Production Schedule, Sales Will Continue Through 2012
March 15, 2010, 8:07 AM
Tesla Motors to File IPO, First Gen Roadster Production Ends in 2011
January 31, 2010, 4:15 PM
Ford, Toyota, and Universal Pictures Celebrate "Back to the Future Day' in Style
October 21, 2015, 4:19 PM
Consumer Reports Flexes Muscle, Hits Slumping Tesla Motors Stock
October 20, 2015, 4:13 PM
Debunked: Beneath the Lies, Nigerian "Pee Generator" Is Still Pissing Into the Wind
October 19, 2015, 7:53 PM
Hot Air? President Obama, G7 Pledge to Eliminate Most Fossil Fuel Use by 2100
June 8, 2015, 5:40 PM
Study Predicts Self-Driving Vehicles Could Rake in Billions
March 6, 2015, 8:34 AM
Dual-Motor Tesla Model S P85D's "Insane Mode" Shocks Passengers
January 28, 2015, 11:18 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information