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eppur_se_muova Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-28-09 02:09 PM
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Tesla rolls out new sedan (CNN)
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LOS ANGELES, California (CNN) -- While automakers lay off staff and shut down plants in response to the economic downturn, one automaker announced Thursday that it will open a manufacturing plant in the United States, potentially creating hundreds of jobs in the area eventually chosen.

Tesla Motors, maker of a high-end electric sports car, says it will build an all-electric sedan in Southern California.

Thursday's announcement was made in Hawthorne, California, where Tesla unveiled the Model S sedan at a base price of $49,900, after a federal tax credit of $7,500.

That's less than half the price of its first model, the Roadster.

Started in 2003 and bankrolled by PayPal millionaire Elon Musk, Tesla has attracted investments from the Silicon Valley elite, among them Google founder Larry Page.
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more: http://www.cnn.com/2009/US/03/26/tesla.new.sedan/index....
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