US: Tesla says all Model S cars will generate profits

According to new comments made by J.B. Straubel, Tesla's chief technology officer, all derivatives of its forthcoming Model S sedan will be profitable, even the base model that will sell for US$57,400 (before a US$7,500 federal tax credit). The US$57,400 price will be the entry point after the first 1,000 'Signature Subscribe to Automotive World … Continued

• By Webmaster
• March 18, 2011