Print 36 comment(s) - last by andyhi.. on Oct 28 at 12:21 PM

Tesla Motors' third generation electric car platform will spawn multiple vehicles

When it comes to modern all-electric vehicles, Tesla Motors is normally the first name the pops into the mind of car enthusiasts. The company burst onto the scene with its two-seat Roadster, and later introduced the Roadster Sport.
According to a new report from AutoCar, Tesla lost money on every Roadster sold despite its $109,000 price tag ($128,500 for the Roadster Sport). Now that production on that first generation model has ceased, Tesla Motors CEO Elon Musk states that the next generation Roadster will arrive in 2014.
 Tesla Roadster and Model S [Source: Tesla Motors]
The new third-generation platform that will underpin the new Roadster will also be shared with a new 3-Series sized vehicle according to Musk. “This platform will spawn a range of cars in the next four to five years,” Musk added. “It’ll be a more mass-market platform for cars like a 3-series as well as the new Roadster. These cars will supplement the Model S range.”
Tesla is launching its all-electric Model S sedan -- which is roughly the size of a BMW 5-Series -- next year. The Roadster was loosely based on the Lotus Elise, while the Model S is an all-new "from scratch" design. It will have a base price of $57,400, so we wonder how long it will take for the company to actually make money on the vehicle.
Companies like Fisker Automotive and Tesla Motors are currently in the news as many question their worthiness of receiving government funding.

Source: AutoCar

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By MeesterNid on 10/27/2011 10:02:56 AM , Rating: 2
Wait, they just ceased production completely and are now working on a new model? What are they living off of?

RE: Confused
By Brandon Hill on 10/27/2011 10:08:29 AM , Rating: 4
Government Unemployment Checks? ;)

RE: Confused
By seamonkey79 on 10/27/2011 10:18:21 AM , Rating: 2
I have a headache now.

RE: Confused
By MrBlastman on 10/27/2011 1:11:38 PM , Rating: 4
Tesla's business model:

1. Collect underpants
2. ???
3. ???!

RE: Confused
By FITCamaro on 10/27/2011 2:00:41 PM , Rating: 2
Not far off. Government loans. Pretty sure you knew that though and are just being sarcastic.

RE: Confused
By AssBall on 10/27/2011 10:18:41 AM , Rating: 1
Remember all that income you had to give the Government last year.... yeah.

RE: Confused
By mufdvr3669 on 10/27/2011 11:54:07 AM , Rating: 1
I thought that my money went to those expensive wars to secure oil in the middle east. People aren't dying to secure batteries.

RE: Confused
By Dorkyman on 10/27/2011 12:21:51 PM , Rating: 3
And without that oil we would be in really deep poo right now.
...and then Dear Leader makes it worse by blocking domestic sourcing.

RE: Confused
By DT_Reader on 10/27/11, Rating: 0
RE: Confused
By FITCamaro on 10/27/2011 2:04:31 PM , Rating: 3
They're handing out leases in areas that don't necessarily have oil while NOT handing out leases in areas that are known to have oil.

And no the oil companies make money largely by refining oil and selling the products produced by it. They have to buy oil otherwise. So the higher the cost, the higher the prices they have to charge for those products. And the less people buy. They gain nothing by drilling less.

A lot of the problems with offshore drilling is that there is a shortage of oil rigs in the world. And when Obama banned drilling in the gulf after the oil spill last year, many oil rigs were moved to places where oil could be drilled.

RE: Confused
By JediJeb on 10/27/2011 2:48:39 PM , Rating: 2
Many of those rigs went to Brazil where we(US) helped finance their drilling operations. Then we buy the oil we helped produce.

Would be like me giving someone $100 then paying them 10% interest to borrow it back.

RE: Confused
By BZDTemp on 10/27/2011 2:10:53 PM , Rating: 2
Domestic oil is like nothing with regards to covering the need.

RE: Confused
By seamonkey79 on 10/27/2011 10:19:48 AM , Rating: 2
Don't they have the second generation loss leader in production now, though? They still have plenty of time to not make money making cars.

RE: Confused
By DT_Reader on 10/27/2011 12:41:59 PM , Rating: 2
The Model S is not in production yet, but it was in development long before production ended on the Roadster. Even GM has to shut down production of one model to switch over the line to produce something else. The difference is size: Tesla is so small they can't afford to do everything at once and make the switch in two weeks, like GM does. I'm sure this is in their business plan, and since they're a public company this is all available if you care to do the research.

RE: Confused
By lelias2k on 10/27/2011 10:51:46 AM , Rating: 2
They have signed deals with major manufacturers, including Toyota and Mercedes.

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