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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RE: Great Company
Dr of crap
Dr of crap
10/27/2011 12:56:59 PM
Why are they loosing money?
Why not charge a higher price?
Oh yea, they they wouldn't sell ANY.
Yes there has to those that will buy the first of anything, but there also has to be buyers.
I don't agree with your statment about every new product loosing money.
At some higher price point sales take a nosedive. Unless you have a product that is really good and is better than whats out there now. EV, hybrids are not that much better than the "normal" cars.
To be in business and sell your wares at a loss is NOT a good idea. If it truely is a good product sales will increase and your cost will come down. Basic econ, but these EVs just can't be selling at a loss. How are they getting funding if that is truely the case?
RE: Great Company
10/27/2011 3:04:10 PM
How are they getting funding if that is truely the case?
One word? Solyndra.
RE: Great Company
10/28/2011 9:51:41 AM
Solyndra is more of a case of free market executive theivery than any problem with an electric infrastructure.
"If a man really wants to make a million dollars, the best way would be to start his own religion." -- Scientology founder L. Ron. Hubbard
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