Tesla Motors sells out first batch

Reports came out yesterday that Tesla Motors had sold out its first batch of 100 Signature models, which retail at a price of between $80,000 and $120,000. It's not surprising to us that Martin Eberhard, Elon Musk and company succeeded in selling their first 100 cars. Musk, the company's chairman, told AutoblogGreen that after the car's introduction on July 19th, "We have 100 collector's edition cars for sale that require a $100,000 up front deposit for purchase and only a few units are left." So it took them a few weeks to unload the remaining that weren't sold at the unveiling, but as Engadget notes, Tesla Motors just raised $10 million in capital in less than a month. CNET reports that only a few cars have actually been built so far and there's no word from Tesla Motors on when the next wave of orders will be announced.

[Source: CNET via Engadget]

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