Tesla Launches New Electric Vehicle – Model S

Tesla Launches New Electric Vehicle – Model S

• Jun 22, 2012
• John Keller
• 0

Tesla launches the $50k Model S Electric Vehicle

Tesla joins the mainstream Electric Vehicle market today with the launch of their $50,000 Model S sedan. Where the other EV’s currently on the market such as the Nissan Leaf have a single charge range of 75 to 100 miles, the Model S can travel 160 miles per charge, with optional packs that extend the range to 300 miles.

Tesla targets sales of the Model S at 5000 cars this year and 10,000 cars in 2013. Last year had sales of battery-electric vehicles at less than 25,000 cars, including plug-in hybrids that add a backup gasoline motor to extend range.

While interesting to keep an eye on, from a fuel price management perspective the electric vehicle is not yet poised to put a significant dent in the overall gas, diesel, and fuels market.

Comments are closed.