Tesla's Model S Receives 89 MPGe EPA Rating
June 21, 2012 12:11 PM
comment(s) - last by
The Model S also received a 265-mile range on the EPA's new five-cycle testing procedure
Tesla's top-of-the-line Model S has finally received its EPA ratings, and as previously predicted, the vehicle landed a
Tesla's Model S is an electric sedan that
comes in three different versions, with 40 kWh, 60 kWh or 85 kWh battery packs. The lower-end 40 kWh base model will sell for $57,400 while the higher-end model will sell for $105,400. The Model S is eligible for the $7,500 federal electric tax credit as well.
The U.S. Environmental Protection Agency (EPA) has released its ratings for the high-end 85 kWh Model S, giving the electric sedan a mile per gallon equivalent (MPGe) rating of 89 combined, or 88 city and 90 highway.
Also, the Model S underwent the EPA's new five-cycle testing procedure scoring a 265-mile range. The vehicle also landed a 300-mile range using the EPA's traditional two-cycle testing. This puts the
Model S far ahead of the electric competition.
these kinds of EPA ratings, the Model S is sure to gain some attention. In fact, the EV has already proved to be a popular addition to Tesla's electric family with
10,000 reservations so far, where each customer had to pay $5,000 to reserve the vehicle.
the automaker expects the Model S to help bump its annual revenue estimate to $560 million to $600 million USD, which is about $175 million per quarter. This is about six times its current revenue.
Last month, Tesla also announced that the Model S would
arrive ahead of schedule
, causing the automaker's stock to surge.
Clearly, the Model S has been helpful for Tesla's pocket, which took a big hit earlier this year. In Q1 2012, the automaker poured out $89.9 million USD in losses. Since 2009, Tesla has reported losses of over $500 million USD.
Tesla Motors received $465 million in federal loans from the U.S. Department of Energy in order to retrofit a former General Motors and Toyota factory as well as develop the Model S. So far, Tesla has used about $360 million of that loan.
Tesla will begin
shipping the Model S
This article is over a month old, voting and posting comments is disabled
RE: where's the * ?
6/22/2012 11:15:40 AM
They use a 24 hour soak charge.
Run the Test.
Measure electric current used to recharge the battery over another 24 hour soak charge...
"I'd be pissed too, but you didn't have to go all Minority Report on his ass!" -- Jon Stewart on police raiding Gizmodo editor Jason Chen's home
Tesla to Begin Shipping Model S June 22
May 23, 2012, 11:16 AM
Tesla Model S Could Land 265-Mile Range Rating from the EPA
May 15, 2012, 6:27 PM
Tesla Model S Arrives Ahead of Schedule, Stock Surges
May 10, 2012, 10:01 PM
Ford, Toyota, and Universal Pictures Celebrate "Back to the Future Day' in Style
October 21, 2015, 4:19 PM
Consumer Reports Flexes Muscle, Hits Slumping Tesla Motors Stock
October 20, 2015, 4:13 PM
Debunked: Beneath the Lies, Nigerian "Pee Generator" Is Still Pissing Into the Wind
October 19, 2015, 7:53 PM
Hot Air? President Obama, G7 Pledge to Eliminate Most Fossil Fuel Use by 2100
June 8, 2015, 5:40 PM
Study Predicts Self-Driving Vehicles Could Rake in Billions
March 6, 2015, 8:34 AM
Dual-Motor Tesla Model S P85D's "Insane Mode" Shocks Passengers
January 28, 2015, 11:18 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information