Tesla Motors CEO Elon Musk said in an interview with Bloomberg that the company has sold out next year’s production of the new Model S electric sedan and that the company should earn a profit in 2013.
Musk said that the company has orders of more than 6,500 units of the Model S to be built next year. The electric Tesla Model S will carry a starting price tag of 49,900 after a federal tax credit of $7,500.
“They’re mostly new buyers,” Musk said. “Only about 600 people who have ordered Roadsters have also bought the Model S.”
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While Tesla Motors has yet to turn an annual profit, Musk said that move could happen in 2013.
Refresher: The Tesla Model S sedan can be recharged from any 120v, 208v or 240v outlet. Depending on which Model S trim-level you chose, the all-electric sedan will provide you with a total range of 160, 230 or 300 miles per charge. 0 to 60 comes in just 5.6 seconds with a top speed that is limited to 130 mph. Pricing is expected to come in at $49,900 after a federal tax credit of $7,500. A $5,000 reservation fee is required but is refundable.
– By: Omar Rana
Source: Automotive News