Quick Note: Tesla Motors Lost Money on Every Roadster Sold, Plans 3-Series Rival
October 27, 2011 9:38 AM
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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
, and later introduced the
According to a new report from
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
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10/27/2011 12:36:36 PM
What are you talking about? This Administration is not blocking domestic oil production; they're handing out leases at least as fast as the previous administration. That's all they can do. They can't make the oil companies drill for oil, and the fact that they're NOT drilling for oil tells me that the Administration is handing out too many leases. It's supply and demand; the oil companies don't want too much supply or the price goes down, so they sit on their leases. At their current rate the oil companies could drill on their existing, un-developed lease sites for years before needing new leases, so don't blame the Administration.
Remember, the Deepwater Horizon disaster was at a well they were capping for "future use", not a well they were developing for production.
10/27/2011 2:04:31 PM
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.
10/27/2011 2:48:39 PM
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.
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