Sunday, January 2, 2011

Tesla assures $57k Model S will be profitable, sexy looking too

[img]http://www.blogcdn.com/www.engadget.com/media/2011/01/tesla-model-s-2011-01-01.jpg
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The path to availability for cars of the future is one wrought with
roadblocks, potholes, and indeed IEDs -- increasingly expensive
developments. This was most recently seen with Fisker's Karma getting
a price boost up to $95,900, a hefty jump over initial $80,000
estimates, but Tesla is taking this chance to give new reassurances
that its Model S sedan's price of $57,000 is comfortable. That's
largely thanks to smaller Li-Ion batteries, which are similar to those
used in laptops and can be found scattered about like chewy raisins in
this aluminum cookie. They're much less expensive to produce than the
large, monolithic packs used in the Nissan Leaf or Chevy Volt, about
$200 per kWH vs. $750 for Nissan's. That's cheap enough for Tesla to
assure that it can still make a profit on the Model S, despite its
cost being set at roughly half that of the Roadster. Will that still
be the case when it hits production in 2012? We can't wait to find out.

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