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Musk described how the company had grown since last June, from 650 employees at the time of the initial public offering to more than 1,100 now. Tesla has sold more than 1,650 of its first car, the $109,000 Roadster, up from 1,063 last June.
The company also has taken 4,600 reservations for the $57,400-$77,400 Model S sedan, which will be built in Fremont and will hit the market in mid-2012. The company plans to make 5,000 of the sedans next year, increasing to 20,000 in 2013.
Musk said Tesla may unveil a prototype of the Model X this December and plans to start production by the end of 2013.
Musk said the company planned to offer another, more affordable car some time in the next four or five years, targeting the $30,000 price range. Tesla may also introduce a new version of its Roadster after the Model S launch, possibly in three years.
"Right now I think we've got to focus on the Model S," he said.
At the hour-long meeting on Wednesday in San Jose, Calif., Musk detailed Tesla's progress with the former NUMMI plant. The latest milestone: completing an eight-month installation of a $50 million Schuler SMG hydraulic stamping press that Tesla acquired from "a company in Detroit" for $6 million, including the cost of shipping the tooling with 70 trucks. Musk called it "the largest hydraulic stamping press in North America."
Regarding charging stations, Musk said that Tesla vehicles' extended range means that the company could cover cross-country drives with 13 charging stations. He said eight to 10 stations on each seaboard could cover the U.S. coasts. At an expected investment of about $25,000 per station, "for a couple million dollars you have covered the country," Musk said
Regarding charging stations, Musk said that Tesla vehicles' extended range means that the company could cover cross-country drives with 13 charging stations. He said eight to 10 stations on each seaboard could cover the U.S. coasts. At an expected investment of about $25,000 per station, "for a couple million dollars you have covered the country," Musk said
I think Tesla should focus on fast chargers between major cities only. The other companies seem to want to place all their chargers in cities which doesn't help at all for travel. Placing chargers every 100 miles would be ideal.
From a personal standpoint, I do not want to hang out at a carcinogenic gasoline station for any reason. I'd rather be at a Starbucks for an hour. And I don't even like coffee.I have no personal problem with any charge station providers partnering with gas stations. The more we expose ICE drivers to electric cars, the better!
For what it is worth, Blink has a deal brewing with BP/Arco to install charging equipment there.I have no personal problem with any charge station providers partnering with gas stations. The more we expose ICE drivers to electric cars, the better!
I was trying to understand why they quoted a projected price for the proposed Tesla charging infrastructure.For the health of the company, Tesla should concentrate on producing cars. I know they want to control everything, but they need to be careful that they don't get in 'over their head' with expenditures and run out of cash before they can turn a profit.
I was trying to understand why they quoted a projected price for the proposed Tesla charging infrastructure.
Thoughts:
#1: They are trying to say that it isn't that expensive?
#2: They are planning to ask for some grant money to help fund it?
What kind of charge station would one expect to get for $25,000 each? (I assume that includes site prep/construction costs too?)
From a personal standpoint, I do not want to hang out at a carcinogenic gasoline station for any reason. I'd rather be at a Starbucks for an hour. And I don't even like coffee.
From a personal standpoint, I do not want to hang out at a carcinogenic gasoline station for any reason. I'd rather be at a Starbucks for an hour. And I don't even like coffee.
For the health of the company, Tesla should concentrate on producing cars. I know they want to controll everything, but they need to be careful that they don't get in 'over their head' with expendatures and run out of cash before they can turn a profit.
To be able to say you can cross America or drive either coast, for an installed cost of $2m, would be a great piece of marketing. At 1% of the current funding round, it would be a bargain.