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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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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.


"So, I think the same thing of the music industry. They can't say that they're losing money, you know what I'm saying. They just probably don't have the same surplus that they had." -- Wu-Tang Clan founder RZA














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