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Elon Musk  (Source:
Tesla will make the announcements next week

Tesla Motors plans to reveal some news about its updated dealer service and the company's Supercharger network next week. 
While the details of these announcements are unclear right now, Tesla CEO Elon Musk has made it clear that service will be completely revamped and made a top priority.
"I'm an engineer, so service is not something that I naturally do," Musk said. "But it's the right thing for the company and I think we have the opportunity to re-engineer service."
As for the Superchargers, it’s likely that the company will be adding more in certain areas as more Model S’ are hitting the roads (and customers would enjoy driving longer distances knowing that Superchargers are plentiful along the way).
Tesla made another announcement earlier this week pertaining to financing. The automaker is partnering with Wells Fargo and U.S. Bank to offer customers more financing options for Tesla’s vehicles.
Tesla has had a pleasant 2013 so far, as the company recently announced that it is shipping over 500 Model S EVs weekly.
It also reported that the company is now profitable thanks to the Model S exceeding sales targets. Tesla Model S sales reached 4,750, which topped the sales outlook of 4,500 posted in the February shareholder letter.
Tesla recently shared another bit of Model S news, this time concerning the battery. The automaker decided not to produce the 40 kWh battery pack because only 5 percent of customers chose that option. Instead, customers will receive a 60 kWh pack.
The only small hiccup in Tesla’s schedule is the delay to production of the Model X. Tesla had hoped to begin production of the vehicle this year, but those plans have been put off until late 2014 (meaning deliveries will likely be pushed to 2015). 

Source: Reuters

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By Masospaghetti on 4/5/2013 10:23:55 AM , Rating: 2
1. The cars start at $50k, not $70k.
2. How many Mercedes, BMWs, Cadillacs, Land Rovers, Jaguars, full size Chevy & Ford trucks and SUVs, etc do you see driving around? There's plenty of people who drop more than $50-70k on a vehicle.

Just Mercedes sold 26,000 vehicles in March 2013. Audi = 13,000. BMW another 27,000. Total light truck sales about 500,000 - obviously this number includes some cheaper models, but you get the idea.

I know some people actually use their truck for hauling stuff, but there's also a lot of people who use them for commuting.

By MightyAA on 4/5/2013 1:25:12 PM , Rating: 2
Agreed.. $70k for a car is not uncommon now and these days. How about a optioned Audi A6 or A7? How many Porsche's do you see on the road? All in that price range too. Do you honestly think that only "rich" can afford? Upper middle-class... there's a lot of us.

RE: The SHOCKING truth about electric cars!!!
By Spuke on 4/5/2013 1:27:52 PM , Rating: 2
That vast majority of those cars are the LOW end models not the higher priced one's. Most are decently optioned to right around $40k. Land Rovers and Jaguars are WAY more expensive than your average Mercedes, BMW and Audi so their customers would be Tesla's moreso than the aforementioned makes. Chevy and Ford trucks range from low $20's to over $50k depending on options and trims. Not all are highly optioned, I see mostly low optioned trucks.

I do agree with you that there is most definitely a market for $50-$70k cars but your average person is NOT in that market.

RE: The SHOCKING truth about electric cars!!!
By BRB29 on 4/5/2013 1:31:59 PM , Rating: 2
Everyone I know paid 50-100k for a car. Of course they all bought it new with many options. While I think it's a waste of money, what do you expect from a single person in their 20s making 6 figures?
You can make 100k easily in 4-5 years after college regardless if you work for the government or private.

By Spuke on 4/5/2013 2:00:09 PM , Rating: 2
Dude, average household income in the US is like $50k a year. Your friends aren't average. I'm quite familiar with your area, it's one of the wealthiest in the country. Lots of people with money there but definitely not average. On a side note, your friends should be spending that money on retirement not $100k cars. They could easily have a couple million in retirement by their mid 50's if they invested wisely. My wife and I BOTH make $160k and there's no $50k car in our garage. The only $50k I would ever own would be used and it would be in the $30k or lower range.

By Mint on 4/6/2013 2:43:49 PM , Rating: 2
but your average person is NOT in that market.

Your average person is not in the market for any new car.
70%+ of new cars are bought by people earning over $50k/yr, and 30% of cars are bought by people earning over $100k/yr. US median fulltime wage is only $40k/yr.

By flyingpants1 on 4/7/2013 3:32:58 AM , Rating: 2
No.. The cars start at $70k. The price was raised and the 40kWh version was dropped completely. After the tax credit it's $62.5k.. But your loan is for the full 70k.

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