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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 8:38:17 PM , Rating: 2
quote:
I'm sorry but I think you faith in the private sector is flawed. A private company will always have a #1 priority which is to make money for it's owner.


First off, there are many many private companies where the owners have a genuine passion for their product and what they are doing.

Second off, so what? That company is producing something or selling a service that others need/want. In turn, he needs employees to make this happen. This is something called "economic growth". It builds wealth for MANY more people besides the owner.

People running around demonizing private industry, screaming about "greed" and so forth, are idiots. They refuse to realize the world for what it is. Corporations are made up of people, and there is nothing innately evil about them.

I'm NOT calling you an idiot. But someone who lives in a country where apparently most of the population is outright paid by the government, calling faith in a private sector "flawed", isn't really credible. Maybe your faith in Government is flawed?

quote:
There are factors that makes it easy for us in Denmark as opposed to the US. For one we are around 5,5 million people


With respect, I offer that this is the LARGEST factor. Your government is socialist, and I don't mean that as an insult, but that's what it is. The larger the population, the larger a Socialists government becomes. The larger the Government, the more waste, corruption, and inefficiency becomes.


RE: Government subsidies
By shin0bi272 on 7/3/2010 9:01:31 PM , Rating: 2
Another thing that you didnt mention is that socialism isnt always the evil system that it is under communist and/or fascist rule (we'll call it totalitarian)... there are countries that vote in communists like spain (whos economy is crumbling btw) and there are ones that have a constitutional socialism where they were a democratic country and then they became a "democratic" country.

Sort of like England... they had true and actual socialism for 6 years then they went to whatever it is they have now... its not evil but its very controlling. Like for instance they have a highspeed lane on the highway that people are allowed to drive in if they buy a specific card... sounds great right up until there's a slowpoke on the highway in front of you in the "high speed lane" who's just driving in that lane to avoid the traffic. Rather than allow all lanes open to all people they require you to pay 10 pounds or so to drive in a special lane.

Its a micromanaging socialism, a smiley face socialism if you will... where they dont kill you for speaking out against the government but they will make up a story to refute what youve said or something like that. Socialism also works better when you have less people involved and a country with few natural resources. The fewer the number of people you have to control/brainwash (depending on the severity of the totalitarian state) the easier it is to convince these people that your centrally planned government will work. Its not evil its just misguided. The fewer the natural resources you have the more you can charge for electricity etc. But eventually even the nicest socialist country will have to become more and more capitalist to avoid going bankrupt (i.e. china... not that their nice or anything).

Socialists in western europe always make me want to yell BAKA! at them... which is the japanese slang term taken from a chinese proverb that says "to point at a deer and call it a horse"... or "someone who knowingly hides the truth"... what you and I would call a liar. They arent evil they are sneaky or disingenuous... either way they just want more power and control over their people. That might not be horrible if you have a benevolent leader like Lars Rasmussen of Denmark but should he be replaced with someone like hitler he would already posses all the power over the people he would need to start world war 3. Not saying that will happen but its like the pump is already primed for a dictator when the country is run by the government.


RE: Government subsidies
By alanore on 7/4/2010 2:21:14 PM , Rating: 2
quote:
Like for instance they have a highspeed lane on the highway that people are allowed to drive in if they buy a specific card...


Where? I heard the idea of implementing a US style "Lexus lane" but never thought they had actually gone through with it.

Its a pretty stupid idea giving the hard shoulder as the slow lane and then sticking in a "premium lane" Partly because these were planned for congested motorways, which means the cars in the lane with have to cut a minimum of two lanes to get off the motorway. Which will mean cars waiting to pull out will probably block the lane. Although the biggest reason is probably the fact that hard shoulders are important. We're having to pay well over the odds to add a hard shoulders to the M80 (widening bridges, overpasses) because it was cheaper to only put in two lanes at the time. I would much prefer to have a Auto Bahn hard shoulder system, that allows it to be used as a lane, but if there is a breakdown convert it back to a hard shoulder.

I don't agree that a "socialist" government have any more control over their citizens than a right wing government. "Socialist" governments of Europe tend to be a lot more popular initially as they tend to be knee jerk reactions to repressive governments, so citizens are more willing to go along with them. But if we actually look at the power a citizen has to influence policy I don't think they have much in any system. If we look at the ultimate form of control, prison and military then it seems right wing governments tend to have much more of stick approach rather than the carrot. Naturally in politics there are exceptions to every rule, like most countries with a dictator like leader will tend to take the stick approach.

You're point about Hitler isn't valid. Hitler didn't just inherit his power, he gain popularity of the people even before he was in power, and then he corrupted the German democracy until he was an iron fist dictator, he gained popularity with preaching Socialist ideologies, but then gained power and turned Nazi.

quote:
Sort of like England... they had true and actual socialism for 6 years

When did our right-wing German Monarchy not have not have full control if they wanted to exercise it?

(I'm taking a pop at the monarchy, not you. But when was this 6 years? If its the post WW2 then it's not "true and actual socialism")


RE: Government subsidies
By BZDTemp on 7/5/2010 8:44:45 AM , Rating: 1
quote:
Like for instance they have a highspeed lane on the highway that people are allowed to drive in if they buy a specific card... sounds great right up until there's a slowpoke on the highway in front of you in the "high speed lane" who's just driving in that lane to avoid the traffic. Rather than allow all lanes open to all people they require you to pay 10 pounds or so to drive in a special lane.


Can you document this?

To me it sounds like something which would never fly in the UK. As I understand there is a bus lane on some motorways but that is something very different from what you are suggesting.


RE: Government subsidies
By Reclaimer77 on 7/5/2010 10:52:55 AM , Rating: 2
quote:
To me it sounds like something which would never fly in the UK.


To me it sounds like something which would ONLY fly in the UK.


RE: Government subsidies
By BZDTemp on 7/3/2010 9:17:09 PM , Rating: 2
quote:
First off, there are many many private companies where the owners have a genuine passion for their product and what they are doing.


There most certainly are and I have great respect for that. Still a business needs to make money else it will close so there is no way around that #1 priority. However it is certainly so that most business care for not only the money but also for their employees, the community, their customers and so on.

I have worked in both big and small companies and right now I work for a Government owned organization. I think that I have some experience to build on when I say that companies can be just as inefficient as organizations in the public sector and vice versa. Also what some companies do may not really be for the best of other than their owners.

Take a look at the mess BP has made in the Gulf. Now some may want to put the blame on MMS (The government office meant to control their doings - I hope I got the acronym right) but if the private sector was perfect then BP would have made sure there was no spill. And how about Enron, Fannie Mae and the others!

quote:
With respect, I offer that this is the LARGEST factor.

It could be only there are several other nations on the globe with similar systems and of similar population size so there is more to it. The big question to me is cause and effect.

quote:
Your government is socialist, and I don't mean that as an insult, but that's what it is.

None taken. Even though I do know many in the US will mean it like that:-)

quote:
The larger the population, the larger a Socialists government becomes. The larger the Government, the more waste, corruption, and inefficiency becomes.

I'd say this goes for all sorts of Government and for companies as well. As soon as the leadership and the people/workforce becomes separated by to many organizational layers then sense of common direction, purpose and responsibility gets lost.


RE: Government subsidies
By Spuke on 7/7/2010 3:04:20 PM , Rating: 2
quote:
And how about Enron, Fannie Mae and the others!
Fannie Mae is not entirely private sector so I would be inclined to remove them from your short list.


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