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Technology Stocks : The Electric Car, or MPG "what me worry?"
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To: Wyätt Gwyön who wrote (54)9/26/2006 8:38:49 AM
From: orkrious  Read Replies (1) of 17486
 
i bet it costs over 100K.

not much. from the Car Connection article on the media page on the Tesla web site:

"Who killed the electric car?" So goes the title of a recent documentary film. For all intents, efforts to mass-market electric vehicles has failed catastrophically since California's effort to mandate a market for battery-powered products was rolled back. So why are so many high-profile investors lining up to pump money into a small Southern California firm developing a $100,000 electric roadster?

Despite that hefty price tag, Tesla Motors is betting its little two-seater will have far more drawing power than previous EVs, including the General Motors EV1. The Roadster claims 0-60 mph times of just 4.0 seconds, a top speed of 150 mph and a range of at least 200 miles on the highway and 270 miles in stop-and-go urban driving. Using the U.S. government's calculations, the carbon fiber-bodied vehicle will get the "equivalent" of 130 miles per gallon.
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