It seems like we've been hearing about the Tesla Model S for a decade, but a report in Yahoo states that the electric sedan is only a month away from production. That's about one month ahead of schedule, as Tesla is reportedly wrapping up crash testing fast enough to start making the hotly anticipated EV.

The Model S couldn't come at a much better time for Tesla, as the automaker just announced a first quarter loss of $89.9 million. The prospects aren't any better for Q2, but the second half of the year should be an entirely different story. Q1 revenue was only $30 million, and the first half revenue is expected to come in around $60 million. With the Model S around for the second half of the year, sales are expected to skyrocket into the $600 million range. Tesla plans to move about 5,000 units in 2012, even though the automaker currently has 10,000 orders in-hand.

Some of those 10,000 hand-raisers might have something more to get excited about, as Tesla announced that the top range Signature model, which features a 85-kWh battery pack, will be able to travel 320 miles on a two-cycle charge. That's 20 miles more than Tesla previously announced. The first 1,200 copies of the Model S will be Signature models with the largest-possible battery pack.


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  • 58 Comments
      robespierex
      • 2 Years Ago
      I think this car will be a huge success - really good performance and $80k looks for $55k, regardless of fuel source. And it's American!
        Daddy
        • 2 Years Ago
        @robespierex
        how about quality and safety? Time will tell...
      Eta Carinae
      • 2 Years Ago
      This car is going to be huge sucess......can't wait til they make a compact luxury sedan to take on the 3series, A4, ATS, C class, etc......now that will be one hell of a car especially if it is priced right......say 36k and it is electric ! win Win WIN
        Daddy
        • 2 Years Ago
        @Eta Carinae
        No it won't. Wait and see... the quality will blow and no one will drop $90 K on an unproven company.
          Eta Carinae
          • 2 Years Ago
          @Daddy
          Where are you getting this 90k figure ? You pay 90k for a 3 series, no
          Blackout X
          • 2 Years Ago
          @Daddy
          lol @ 90k for a 3 series.
      Jonathan Brown
      • 2 Years Ago
      I"m very excited about the new Telsa S sedan. Its an stunning example of how to do an electric car so its sexy looking, fast and efficient. Kudos to the team at Telsa. I see great success for this model and I can't wait for them to hit the showrooms as I might just have to test drive one. An amazing acheivement! Thanks for the heads up. JB
      Relyat08
      • 2 Years Ago
      How much did this car cost again?
        Maddoxx
        • 2 Years Ago
        @Relyat08
        I think the 320 mile range is upwards of $80,000+
          John Ward
          • 2 Years Ago
          @Maddoxx
          I'm excited for future affordable models that will come from this technology if they can stay afloat long enough. Targeting the high end is the only way right now because costs are so high, but eventually this technology will make it to a daily commuter.
      • 2 Years Ago
      [blocked]
        robespierex
        • 2 Years Ago
        So ignorant it sounds like satire.
        Bobby_Sards
        • 2 Years Ago
        Hey electric cars are far from wasteful and arrogant!
        mawhalen53
        • 2 Years Ago
        them thar dang ARROGANT electric cars and their fancy eeee-lectric motors, too good for gas like the ress of us
        AnalogJesse
        • 2 Years Ago
        "STUPID, WASTEFUL and ARROGANT" You mean big trucks, right?
        • 2 Years Ago
        [blocked]
        Blackout X
        • 2 Years Ago
        Arrogant? You put in a word that does not belong with the rest. Way to articulate a thought. *such sarcasm*
      AMG THIS
      • 2 Years Ago
      LOL 90,000,000 loss. I guess you can't say much as this is a car company that doesn't even make or sell cars. Its been smoke, mirrors and book cookin' and don't expect the numbers to improve when they start selling that range limited sedan either.
        mawhalen53
        • 2 Years Ago
        @AMG THIS
        Next time, spend five minutes looking up the company and their products before posting a comment like this one
        • 2 Years Ago
        @AMG THIS
        [blocked]
        AMG THIS
        • 2 Years Ago
        @AMG THIS
        LOL I don't think its me that needs to research the company you fools.
          • 2 Years Ago
          @AMG THIS
          [blocked]
          John Ward
          • 2 Years Ago
          @AMG THIS
          They have both produced and sold cars.
        tump
        • 2 Years Ago
        @AMG THIS
        F you. Anybody watching KNEW this was going to happen. There's a GAP between when they could sell the Roadster (because Lotus stopped the Elise supply chain) and when they could sell the Model S. We all knew this was going to happen at this exact bloody time. Stop being so damned amateur.
      • 2 Years Ago
      [blocked]
      johnb
      • 2 Years Ago
      They could probably turn a profit if they made a model using a GM LS3, or a Ford 5.0 alongside the electric money loser.
      ColinHill
      • 2 Years Ago
      The Model S looks like the "S" stands for just what you'd think!
      soundbargaming
      • 2 Years Ago
      Pricey, but I'll keep saving for the Lexus LFA. Nothing beats the sound of that Yamaha tuned V10 and you don't have to wait hours for it to charge.
      AMG THIS
      • 2 Years Ago
      The only hope in he11 this and any other bs electric car start-up has is if they all merge into one company. Tesla, Fisker, Coda and all the other failures. Then go beg the government for the DOE loans as a group, and maybe someone in that group will know how to run a company.
      Walt
      • 2 Years Ago
      What's a Tesla? I've never seen one and I doubt I ever will.
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