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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hold on
By Beezoboy on 10/27/2011 11:00:45 AM , Rating: 2
The Government may be giving them money too, but they did get 50 million from Toyota.

Also, they are arguably the most "cutting edge" company in electric cars right now, so in this case I think the investment isn't completely without thought.


RE: hold on
By wyrmslair on 10/27/2011 1:27:19 PM , Rating: 2
Don't forget that Musk himself is worth $672M currently and that's without tapping on the shoulders of any of his other friends with $$$benefits$$$. He's also an engineer with the ability to plan, so I'm sure that he has a roadmap that includes these kinds of situations as a part of the R&D process. I'd bet my own extremely meager cash that the gov't infusion was just a bonus to them and the Toyota deal was probably an excellent cash efficiency catalyst.

RE: hold on
By BZDTemp on 10/27/2011 2:31:21 PM , Rating: 2
Also, they are arguably the most "cutting edge" company in electric cars right now

Sure about that? It's a market a lot of players want in to. Here is one you know but may have forgotten:

and here is one that's "cutting edge" in another way (battery replace stations):

"What would I do? I'd shut it down and give the money back to the shareholders." -- Michael Dell, after being asked what to do with Apple Computer in 1997

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