Print 34 comment(s) - last by EricMartello.. on Jun 28 at 6:56 AM

Tesla Roadster

Tesla Model S
The EV sports car is no more

The car that changed the way most of us think about electric vehicles was the Tesla Roadster. The car has a nice driving range that made it usable in the real world for many drivers and had serious performance making the car appealing to enthusiasts. It also just so happens to be a quite attractive car.

However, production of the Roadster is finally coming to an end. The Roadster may be going away, but Tesla isn’t leaving the performance EV world. The Roadster is retiring so that the new and cheaper Model S can be the central focus of the company. The Model S is certainly not in the same league as the Roadster and it will be sad to see the Roadster go.

Tesla's Khobi Brooklyn said in an emailed statement to FastCompany, "The Roadster accomplished everything we asked of it--it served as a catalyst for the EV industry, and it has allowed us to refine electric technology for future, and more affordable EVs. The Roadster proved that EVs can outperform traditional combustion vehicles while producing zero emissions."

The Model S is a larger four-door car that is nowhere near as performance-oriented as the Roadster was. The Model S seats four comfortably and will come in three trim levels at roughly $50,000, $60,000, and $70,000 after rebates.

Tesla is expecting the more practical Model S to sell in much higher volumes than the narrowly-focused Roadster. There were only 1,650 of the Tesla Roadsters ever sold globally as of the end of April 2011.

But don’t shed any tears for the Roadster just yet, Tesla has a follow up car up in the works. Brooklyn said, "The Roadster will always be the cornerstone of Tesla, and we look forward to bringing back a version of the supercar that takes full advantage of our advanced electric powertrain in the next several years."

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By EJ257 on 6/24/2011 8:15:24 PM , Rating: 1
at roughly $50,000, $60,000, and $70,000 after rebates

I'm sorry but if you have enough disposable income to buy this car you shouldn't get a rebate. A Prius sure but not something that costs $70K.

RE: Rebates?
By CharonPDX on 6/24/2011 8:29:41 PM , Rating: 2
While in general I agree, $50,000 after rebates makes the S at the very highest end of "regular" car range, once you take into account lifetime cost.

Yeah, at least for now, you still need to be fairly well off to afford one in the first place (I have a friend about to buy a HOUSE for less than this car.) But as it stands already, extremely large/expensive SUVs get tax breaks, too. (They qualify as "commercial" vehicles, so aren't taxed as highly as slightly-lesser vehicles.)

RE: Rebates?
By headbox on 6/25/2011 2:47:15 AM , Rating: 1
a house SHOULD be cheaper than a modern car. It's just concrete, wood, wires, and plumbing that just about anyone can build if they can add fractions together and read a building code book.

RE: Rebates?
By Reclaimer77 on 6/25/2011 2:49:52 AM , Rating: 3
a house SHOULD be cheaper than a modern car. It's just concrete, wood, wires, and plumbing that just about anyone can build if they can add fractions together and read a building code book.

This is a joke, right?

RE: Rebates?
By dagamer34 on 6/25/2011 9:49:38 AM , Rating: 2
What I really meant is that there is far more technology in a Tesla car than there is in a house.

RE: Rebates?
By Reclaimer77 on 6/25/2011 10:57:05 AM , Rating: 5
Technology alone doesn't or shouldn't determine price. First off, a house's value is tied into the land it's built on. Second you gotta remember, a car is about three thousand pounds worth of technology. Houses require many many more times that weight in building materials to build. Not to mention all the appliances you have to purchase to make a house livable in modern times. Labor costs too. A car can be made in a matter of hours from start to finish thanks to automated assembly. Houses take a crew of 20+ people, from a variety of disciplines, weeks to complete.

RE: Rebates?
By The0ne on 6/27/2011 4:50:26 AM , Rating: 3
Don't forget to mention that modding or improving your car or house is a bad thing too, like you know...a PS3 :)

RE: Rebates?
By SPOOFE on 6/27/2011 12:02:24 AM , Rating: 2
There is far more depreciation in a Tesla car than there is in a house. A car built right now will be laughably obsolete in thirty years; a house built right now will, outside of extreme circumstances/accidents, be just as good in a few decades.

RE: Rebates?
By hughlle on 6/25/2011 7:34:46 AM , Rating: 2
And can find someone to sell them an affordable plot of land suitable for construction... :D lands a dime a dozen acres though right?

RE: Rebates?
By SPOOFE on 6/27/2011 12:03:29 AM , Rating: 2
Land that people want, however, is pretty rare and pricey.

If you take a thousand dollar bill to some parts of downtown Tokyo, and place that bill on the ground, it wouldn't pay for the land it covers. :D

RE: Rebates?
By Jedi2155 on 6/26/2011 3:45:35 PM , Rating: 2
I really hate how everyone is referring to this as tax REBATES while they are Tax CREDITS . You are only getting money back you already paid to our dear old Uncle Sam.

RE: Rebates?
By Solandri on 6/26/2011 6:55:36 PM , Rating: 2
They're the same thing, the only difference is a slight time delay.

With a tax rebate, you pay your entire taxes first, then the IRS sends you a check back for the rebate amount.

With a tax credit, you subtract the rebate amount before you pay your taxes.

In both cases, you can't be paid more than how much you owe in taxes that year. (There's also the deduction/exemption, which is a reduction in taxable income, and thus is worth less per $ than a refund or credit since your tax rate is never 100%.)

I think you're trying to compare to an incentive or subsidy. There, you get the money (or the government pays for part of the purchase price) regardless of how much you owe in taxes. If you were unemployed all year and owed no taxes, you could still get an incentive or subsidy, but a tax rebate or credit would be worthless to you.

RE: Rebates?
By Ristogod on 6/27/2011 9:41:59 AM , Rating: 2
That thought mentality is thoughtless and irrational.

Do you mean to tell me that if 4 people decide to pitch in on a pizza to split that the richest guy in the group is required to pay more despite he's getting the same number of slices?

The idea that rich people should be paying more than poor people is ridiculous. Financial responsibility should not be something that is excused to the poor or lazy.

Also, I don't think the government should be giving rebates to anyone, Prius or Tesla. It's not the responsibility of the government to help people buy cars.

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