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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 Dewey115 on 7/6/2010 2:47:12 PM , Rating: 1
Well now I know you're a complete moron and a Marxist.

Apparently you know as much about me as you do this topic. I am neither a moron nor a Marxist. Some of my ideals may parallel those of a Marxist, but my ideals parallel many different types of societies. As in many things in life I dont think there is just one "right answer."
Yeah you're right dude, people who break their legs in this country are left to wander the streets until they get Gan-green and DIE...

I never said or implied anything of the sort, if you want to have a logical debate then you need to learn to read first.
And why is keeping your own money a bad thing? You are SUCH a socialist leftist little fuck. God this angers me!! Stop making the productive members of our society out to be bad people!!!

I never said that keeping your own money is a bad thing, not at all my point. Im saying that taxes are needed to run a country, its my opinion that if it takes more in taxes to better run a country then thats what it takes. I never said that anyone productive was bad, again you are inventing my argument and totally fail to understand my opinion in even the most basic way. I just want people to be productive to the country as a whole, not JUST their bank accounts. I think if you start a company or invent something you deserve to be rich for it... but you should also help out this country by paying for a few new police cars, or helping pay for the girls broken leg.
What's funny is you say all this crap, but I bet you haven't done SHIT for other people anyway. Go ahead and list all the charities you donate to. List all the community groups you participate in. How many homeless have you invited to live in your own house?

Again you just invent what you hope is the truth, I donate time, items, and money to Salvation army (money and time), Goodwill (time and items), the local food banks (items), donate money to breast cancer (grandmother had cancer), and money to Aplastic Anemia (my mother). I also volunteer with the cub scouts and the YMCA where my fiancee works. I have never invited a homeless person into my house and will not, I dont know who they are or what they are capable of doing. I have brought many coffee though during the winter. I also give food or gift certificates (like free food coupons) to anyone holding a sign (but never money, too easy to spend it on drugs or alcohol). I am just assuming here, but based on your attitude you do none of those. You strike me as a kid who doesn't listen or care about anything besides yourself.
That's what I thought. You're full of fucking hot air. Go jump off a roof asshole.

I'm full of hot air with every breath I take, I most certainly will not jump off a roof... but you already knew that (or did you?). This is like arguing with a high school special ed student, at least the others make something resembling a valid point.

"I want people to see my movies in the best formats possible. For [Paramount] to deny people who have Blu-ray sucks!" -- Movie Director Michael Bay

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