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Saleen has made its name on building some of the meanest modern muscle cars around, which was why it was so surprising when it announced in December that its next project will go electric. Has the famed pony car modifier lost its mind? Or is it right in thinking the performance potential of the Tesla Model S is too big to ignore?

Details remain scant about the project, but Saleen promises to transform the Model S into an electric supercar. Power is getting a boost but exactly how much more than Tesla's own 416-horsepower Model S P85 is not known. Saleen has also not set a completion date for the car yet, but it promises that renderings and specs will be ready soon. The only real detail that Saleen gives about its version of the Model S is that it has "a revolutionary design all our own," so we're expecting some visual differentiation to go with its inevitable augmented power.

"I fully intend to produce one of the most compelling Tesla's to ever hit the roadway," said Steve Saleen, company founder and CEO. You can read the entire brief press release below.
Show full PR text
Saleen Automotive Announces Plans to Produce Saleen Tesla Model S Electric Sports Car

CORONA, Calif., Jan. 30, 2014 /PRNewswire/ -- Saleen Automotive, Inc. (OTCQB: SLNN), (OTCBB: SLNN) (the "Company"), an American specialty manufacturer of high performance vehicles, technical performance parts, lifestyle accessories and apparel, is pleased to announce that the Company will produce for the first time, a Saleen Tesla Model S sports car. The Saleen Tesla design will be Saleen's first effort in enhancing an existing electric vehicle.

No release date has been set for completion of the Saleen Tesla Model S, but renderings will be released as Research and Design continue. Our engineers will also prepare a spec sheet which will detail some of the enhancements and innovations we intend to add to the Saleen Tesla Model S.

"Saleen Automotive is intent on continually expanding its presence in the automotive market," stated Steve Saleen, CEO, Saleen Automotive, Inc. "We have already announced or produced incredible vehicles including Camaros, Challengers, and of course Mustangs, adding style and performance to each of those legendary lines. Now, we turn our attention to the vehicle that has defined the sports car in the rapidly growing electric car sector."

"Tesla's values are not a departure from our core values of elite power, style, and performance. I have admired their craftsmanship," added Saleen. "And now with our upcoming entry into the electric car market with a revolutionary design all our own, we share a desire to also produce vehicles that are not dependent on fossil fuels and which accomplish this fuel independence with a tremendous assemblage of grace and technology."

"I fully intend to produce one of the most compelling Tesla's to ever hit the roadway," added Saleen.

For more information and updates visit the following online locations:

Company website: www.saleenautomotive.com.

Facebook: https://www.facebook.com/Saleen

About Saleen Automotive, Inc.
Saleen is an American specialty manufacturer of high performance vehicles, technical performance parts, lifestyle accessories and apparel. Founder Steve Saleen has continually set the bar for automotive design and performance engineering in both street and racing applications. Saleen plans to utilize its existing strategic partnerships and dealer network to refine its design and engineering prowess, continue development of emerging automotive technologies, and expand its presence nationwide with a combination of automotive retail services, aftermarket parts and new vehicle sales to build significant long-term value. Learn more at www.saleenautomotive.com.

About Havas
Havas (Euronext Paris SA: HAV.PA) is one of the world's largest global advertising, digital and communications groups. Headquartered in Paris, Havas operates through its two Business Units: Havas Creative Group and Havas Media Group.

Havas Creative Group incorporates the Havas Worldwide (www.havasworldwide.com) network - formerly Euro RSCG Worldwide - (316 offices in 75 countries), the Arnold (www.arn.com) micro-network (16 agencies in 15 countries on 5 continents) as well as several other strong agencies.

Information about Forward-Looking Statements
This press release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for the Company's products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in the Company's filings with the United States Securities and Exchange Commission. An example of such forward looking statements in this press release include statements regarding the Company developing and completing a new supercar project. For a more detailed description of the risk factors and uncertainties affecting Saleen Automotive, please refer to the Company's recent Securities and Exchange Commission filings, which are available at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


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    • 1 Second Ago
  • 77 Comments
      jeff
      • 1 Year Ago
      I cant see it being much more than a suspension package, wheels and graphics...
      Arturo Rios Jr.
      • 1 Year Ago
      The package will most likely consist of grippier wider tires, lighter wheels, body kit and saleen emblems plus a firmer suspension. I am not sure about the performance parts since I know nothing about electric cars at all.
      Xedicon
      • 1 Year Ago
      Some people might think there's no way to pump up a Tesla, but there certainly is. Think of it this way - many remote control cars are electric, and there's plenty that can be done to make them faster and handle better. Better batteries, more powerful motors (that are the same exact size so packaging is not an issue), different gearing (swapping pinion and / or spur gears), suspension upgrades, more efficient motor controllers, better tires, all kinds of stuff. Some of these things are common between gas and electric to be sure, but being electric doesn't automatically mean there's nothing to be done to improve performance. The difference here is scale - both in terms of complexity and cost but hey someone is always willing to buy this stuff and I imagine most Tesla owners aren't exactly strapped for cash.
      carguy1701
      • 1 Year Ago
      Knowing Saleen, the aero package will be an attention getter.
      purrpullberra
      • 1 Year Ago
      Tesla seems to have infiltrated almost every nook and cranny of the auto industry just like many of us predicted. But honestly I'm a bit surprised that Sateen is going for it first, so to speak, I would've thought AMG or TRD would try to amp up the Tesla since there are some connections already with Daimler and Toyota. I am really looking forward to what they eventually produce. Do they have a customer already, I wonder. And will all the slats and louvers really look good on the ModelS. I find most Saleens to be somewhat hideous that way. And how HUGE will the SALEEN sticker across the windshield be? This may be interesting.
      GLK
      • 1 Year Ago
      Anyone that's ever been into slot cars knows what to do to make this already fast tire burner into a rocket ship.
      sirvixisvexed
      • 1 Year Ago
      I wonder if it's possible for them to make a super beefed up cooling system that indirectly creates steam to turn a small turbine to put even more power back into the battery. Is there a point where harnessing the battery heat for energy is plausible?
        Jon
        • 1 Year Ago
        @sirvixisvexed
        If it was plausible such a system would revolutionize the world. Waste heat is everywhere. There just usually isnt enough of it to be worth the cost/weight/complexity of trying to harness it.
        2 wheeled menace
        • 1 Year Ago
        @sirvixisvexed
        I have a better idea. Install a battery that doesn't turn ~10% of it's power into heat under full rated load in the first place. This is how my EVs are designed. I have a wildly overrated power output battery. It's a 20C capable battery that sees a 2C-5C peak load. Doesn't even flinch. Never gets warmer than ambient temperature. Still performs very well below freezing. You could replace some fraction of the Tesla's 18650 cells with something that may have lower watt hours, but higher output. It would require cooperation with Tesla at the factory level. But you could bump up the battery power 10-50% this way at the expense of some range.
          2 wheeled menace
          • 1 Year Ago
          @2 wheeled menace
          I really don't know why they're not doing it already. Actually... maybe they do and i don't know about it, lol. Anyway, there are dramatically higher power cells out there than what Tesla is using. Yeah, Saleen will probably do some weak sauce stuff.
      NY EVO X MR GUY
      • 1 Year Ago
      My mind is blown. 550hp Tesla model S? Wow. So many ways this could go.
      jim5437532
      • 1 Year Ago
      Tesla and their minions are less then truthful with safety statistics. I think the Tesla model S. is fairly safe, but not as safe as Tesla and their minions of spammers portrays it to be. Many including myself, think Tesla's hyping of safety statistics is false advertising. Typical corporate greed and disregard for public safety. "IT IS MY OPINION THAT, TESLA IS FRAUDULENTLY MISREPRESENTING STATISTICS AND THE SAFETY OF ITS VEHICLES. IT IS MY OPINION, IT IS FALSE ADVERTISING AGAIN. AFTER THE FIRST TESLA BATTERY FIRE ON OCTOBER 1, 2013: ON OCTOBER 4, 2013 ELON MUSK & TESLA MOTORS CLAIMED "YOU ARE 5 TIMES MORE LIKELY TO EXPERIENCE A FIRE IN A CONVENTIONAL GASOLINE CAR THAN A TESLA!" AFTER THE THIRD TESLA BATTERY FIRE ON NOVEMBER 19, 2013: ON DECEMBER 23, 2013 TESLA MOTORS CLAIMED "TESLA VEHICLE IS OVER FIVE TIMES LESS LIKELY TO EXPERIENCE A FIRE THAN THE AVERAGE GASOLINE CAR" I THINK TESLA MOTORS IS YET AGAIN USING FUNKY STATISTICS TO MISREPRESENT AND OVERSTATE THE SAFETY WORTHINESS OF ITS VEHICLES. AFTER THE THIRD TESLA BATTERY FIRE, TESLA WAS AND IS STILL USING STATISTICS THAT SEEMINGLY ONLY FIGURED ON ONE TESLA BATTERY FIRE, RATHER THAN ALL THREE." http://www-odi.nhtsa.dot.gov/owners/SearchResults?searchType=ID&targetCategory=C&searchCriteria.nhtsa_ids=10561491 "AFTER THE FIRST TESLA BATTERY FIRE ON OCTOBER 1, 2013: ON OCTOBER 4, 2013 ELON MUSK & TESLA MOTORS CLAIMED "YOU ARE 5 TIMES MORE LIKELY TO EXPERIENCE A FIRE IN A CONVENTIONAL GASOLINE CAR THAN A TESLA!"" http://www.teslamotors.com/blog/model-s-fire "AFTER THE THIRD TESLA BATTERY FIRE ON NOVEMBER 19, 2013: ON DECEMBER 23, 2013 TESLA MOTORS CLAIMED "TESLA VEHICLE IS OVER FIVE TIMES LESS LIKELY TO EXPERIENCE A FIRE THAN THE AVERAGE GASOLINE CAR"" http://www.teslamotors.com/about/press/releases/nhtsa-reaffirms-model-s-5star-safety-rating-all-categories-model-year-2014 If we assume the base statistics are accurate, if we add in the 2 newer Tesla battery fires, if my math is right the second figure should be Tesla vehicle is over 1.666 times less likely to experience a fire than the average gasoline car. That's significantly less than what Tesla and their minions of spammers claims. Teslas are rather new vehicles. If gasoline vehicles of the same age range as Tesla's vehicles are compared to Tesla, gasoline vehicles MIGHT be less likely to catch fire than a Tesla. The greedy haters will probably attack my posts as usual. They can't handle the facts, intellect, free speech, free press and logical thinking.
        ElectricAvenue
        • 1 Year Ago
        @jim5437532
        THEY CAN'T HANDLE THE ALL CAPS.
        David H Dennis
        • 1 Year Ago
        @jim5437532
        It seems worth noting that there have been zero fatalities so far in Tesla crashes of all types, and that makes me think the safety claims have substance behind them. I don't think hysterical claims of evil greed have any place in this discussion. ICE automakers have had combustible liquids in the same chamber as hot components for a long time, but that's not mindless greed, it's just how ICE cars work. Seems to me Tesla has a big inherent advantage here, so their excellent safety record is no surprise.
        AnOld BlackMarble
        • 1 Year Ago
        @jim5437532
        Thanks for your fantasy land conspiracy theory oil drinker. The rest of us will stick to reality. And the reality is that Tesla is a "baby" in car industry terms, so it will have some "tooting" issues as it matures, BUT IT WILL MATURE! Plus it is already on of the BEST OF THE BEST. Whatever issues it has are minor when compared to the rest. Keep trying to find your pet dinosaur, cuz the rest of us are moving into the future.
        Grendal
        • 1 Year Ago
        @jim5437532
        jim is cutting and pasting his conspiracy theory all over the internet comments sections. This is the fourth time I've seen the same comment. I doubt he will respond to any of the rebuttals. He is true troll.
        2 wheeled menace
        • 1 Year Ago
        @jim5437532
        Take it up with the government. They gave the car 5 stars all around. The car exceeded safety standards by quite a bit. If all cars were held to this standard of fire safety, we'd be riding bicycles because there are 30,000+ vehicle fires per year in this country and maybe 10 of those are electric vehicles.
        tdelta1000
        • 1 Year Ago
        @jim5437532
        Take a step back from your viewpoint and look at the facts jim5437532. The crash testing was done by a Nationally recognized body and the cars performed better than expected by the automotive industry and the general public but TM (Tesla Motors) always held the belief that the "S" was a very safe car. Computer crash models provided a baseline for the claim by TM. *Fire #1 was caused by road debris colliding with the "fuel tank" of a Model S at great forces. I have never seen a crash test on the "fuel tank" of a any vehicle before have you? *Fire #2 was caused by the driver crashing their car into several objects which resulted in rupturing of the Model S' "fuel tank". Keep in mind that when the crash initially happen there was No fire. It occurred when the "S" landed on the wall. *Fire #3 was by road debris in the form of a tow hook the likes of which people use to tow boats and trailers. Again, any vehicle with its "fuel tank" located in the path of the object would be have been damaged. *Power cord issues: keep in mind that TM can not foresee any wiring issues that a customer may have at their home but they (TM) recommends that all electrical wiring to wire a home charger be done by someone who is a pro. TM was already in the process of making changes to their adapter before the Feds called it a Recall. You are entitled to your viewpoints but research a little bit more to find the truth in what is going at TM. My two cents.
        CoolWaters
        • 1 Year Ago
        @jim5437532
        So, you're opinion's wrong. Who cares. What have you built? The only thing you seem to spend your time doing is ******* up right wing bull.
      TslaRcr
      • 8 Months Ago

      You can check out the details on what options Saleen is offering and improvements they are making to the car on the TESLARATI website:


      http://www.teslarati.com/saleen-foursixteen-re-engineers-tesla-model-s-drivetrain-adds-cooling-suspension/

      E85 450HP Forester
      • 1 Year Ago
      Wonder why these ancient V8 pushrod Detroit yahoos will come up with on the powertrain arena, I am sure they will rely on a TESLA tuned software, add some stickers and fiberglass a la carbon fiber body glue ons.
        Aaron N
        • 1 Year Ago
        @E85 450HP Forester
        You do realize Saleen is more than just stickers and fiberglass, right?
        JMT73
        • 1 Year Ago
        @E85 450HP Forester
        What a well-thought, unbiased and educated comment.
        stonehunte
        • 1 Year Ago
        @E85 450HP Forester
        Out of the 450 hp your forester makes, how much of that boost is from the chrome portholes on your fenders?
        sirvixisvexed
        • 1 Year Ago
        @E85 450HP Forester
        My ancient pushrod V6 gets me 28-34 mpg combined and has great torque. I like high tech too but pushrod is definitely not an insult! The C7 vette has a pushrod engine, and if I ever own one, I'm going to get a bumper sticker than says "You down with OHV? Yeah you know me!" And another bumper sticker that says "I put bumper stickers on corvettes" and another one that says "Like this one right here"
        E85 450HP Forester
        • 1 Year Ago
        @E85 450HP Forester
        Wonder "what" these...
          Carphanatik
          • 1 Year Ago
          @E85 450HP Forester
          Sorry if this double posts Remember, they made the S7, so don't get too far ahead of yourself before we see the final product. On an unrelated note, do you have pics of your Forrester?
        rmkensington
        • 1 Year Ago
        @E85 450HP Forester
        This from someone who drives a Forrester?
        ngiotta
        • 1 Year Ago
        @E85 450HP Forester
        Pretty sure Saleen did quite a few Mustangs that were OHC-- so yeah, you're an idiot.
      Hi
      • 1 Year Ago
      As a Corvette owner for 20 years, you relay need to drive this car. Pretty amazing acceleration up to triple digit speeds. No gas comsumption is amazing. Now, accelerate the delivery of the $40k 3 series fighter and offer a $3k AWD option, and you will sell as many as you can produce. I hope a major manufacturer can buy Tesla and make these cars mainstream. They are amazing.
        Sir Duke
        • 1 Year Ago
        @Hi
        I hope they are left alone. We see what happens when innovative companies gets swallowed by the conglomerates. Some would buy it just to snuff it out.
          Bernard
          • 1 Year Ago
          @Sir Duke
          This is why we need to keep those stock prices as high as possible. As long as it's high the conglomerates will think twice about trying to buy them out.
          jonnybimmer
          • 1 Year Ago
          @Sir Duke
          Too late, Daimler owns part of the company (only 4%), but that's not a bad thing, as Daimler has been dealing with Tesla for a while now. As far as I know, they're mostly interested in exchanging R&D and I wouldn't be surprised if Tesla got a fair bit of Daimler's production knowhow as well. But the good news is that not only is Daimler uninterested with controlling the brand (because lets be honest, Tesla clearly doesn't need any help with directing its brand), but since Daimler has invested and is so keen with the brand, there's a lower possibility that Tesla would be bought out by a different, larger automotive brand.
        Aaron N
        • 1 Year Ago
        @Hi
        Why do I get the feeling that this is Rob, now under a different name?
          Dmitriy Markelov
          • 1 Year Ago
          @Aaron N
          I don't respond to your very often but it seems like every time I read one of your comments you're always accusing one user of being another user. I don't know if it’s just empty paranoia on your part or what but more importantly, who cares. Leave the trolls alone and add some substance.
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