Tesla says that 520 S Model all electric sedans have been reserved by customers in first week since it was announced . Each customer must pay a $5,000 reservation fee, which is refundable if they choose not to buy the car. The base price for the Model S, which will be available starting in 2010, is $49,900 after a federal tax credit of $7,500. A limited editon of the Model S is available for a $40,000 reservation fee. The Model S is the second car unveiled by Tesla after the sportier Roadster, and it’s half the price. But it’s no slouch on performance. The car will do 0-60 in 5.6 seconds (the Roadster is 3.9 seconds) and has an electronically limited top speed of 130 mph. The car should go up to 300 miles between charges. Best of all, I believe I may actually fit in the Model S. The Roadster isn’t fully compatible with people my size.
If you want one, you can reserve it here . You should get it by late 2011. Tesla says they delivered 104 Roadsters in March and about 320 all time. The company has raised $186 million in capital to date, and has applied for $350 million in federal loans. Here is the Model S and Roadster side by side:
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