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  • Telsa confirms Model S sedan, 225-mile range and $60k

    Filed under: Hybrids/Alternative , Government/Legal , Green California Governator and (soon-to-be) Telsa Roadster owner, Arnold Schwarzenegger, addressed the seething throngs of media types at Telsa's San Carlos, California facility. The topics of conversation centered on new incentives for Tesla to continue its production of vehicles in the Golden State, specifically the start-up's second vehicle, codenamed the Model S, which according to Tesla, get 225 miles on a single charge and cost $60,000. Tesla did not officially announce when the new model would go on sale, nor would it say where in California the "multi-use sport sedan" would be produced. The incentive for Tesla to remain in California, rather than move production of the sedan to New Mexico (discussed last year), is part of the CAEATFA program that was approved last Wednesday. The initiative exempts automakers from paying sales and use tax when they purchase manufacturing equipment to build electric vehicles...

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