Tesla to come out with a luxury $60,000 sedan in 2010
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The Tesla Brand of luxury electric vehicles has been in the limelight recently and for good reason. The company has announced a state-of-the-art US$250 assembly facility in Silicon Valley. This facility is being set up to produce new US$60,000 five-passenger luxury sedan with superior performance and an amazing lithium-ion battery pack that delivers 40 miles per charge. It is a four seater and the first batch of cars from this plant will be around 15,000 sedans up to 30,000. Don't worry if you aren't American, because half of the cars will be sold in Europe. Model S is not up for deposits yet, but there is no doubt in any one's mind that the car will be a huge success. However, don't expect to get behind the steering wheel of Model S till 2010. I'm sure it will be worth the wait.