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Tesla Sedan Factory Coming to the Bay Area
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by kferaday | June 30, 2008 at 12:54 pm
282 views | 5 Recommendations | 2 comments
Who says there's no money in green technologies? Given the problems in the manufacturing sector here in Canada and specifically in Ontario, the governments at both levels should be falling all over themselves to get the same types of operations running. Zenn motors is located in the Toronto area but its offerings right now don't really meet the needs of most urban motorists.
How about a partnership between Zenn, government and former employees of GM and/or Ford to get a seious electric car operation up and running in Canada? Given the state of the Ontario economy they really can't get started fast enough. The world is passing us by. Other companies such as Th!nk and Tesla are designing and producing better designed and performing cars.
We’re just minutes away from Arnold Schwarzenegger’s joint announcement with Tesla Motors, but we already hear that he will discuss how Tesla plans to build its electric sedan factory in the Bay Area, not New Mexico as previously expected. Unfortunately, it doesn’t appear as though Tesla will actually unveil the sedan itself.
While New Mexico offered a $7 million incentive package to locate the factory there, California upped the ante by offering sales tax exemption for the purchase of manufacturing equipment, and by providing grants for the training of new employees.
We’ll have a recording of the webcast here once the event finishes. In the meantime, head over to the Office of the Governator to see it live.
Most people know Tesla for its fancy electric sports car (seen above), which can be glimpsed driving down highway 101 near its discreet headquarters in San Carlos. But with $146 million in the bank, Tesla plans to expand into a more mainstream market with a $60,000 sedan, slated for production in two years.
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Most RecentMost Recommended Comments (2)
at 13:03 on June 30th, 2008
Good stuff, kferday. $60, 000?! Does that price reflect production costs or the low supply/rareness of electric cars?
at 13:52 on June 30th, 2008
A couple of things. They design high end only cars. The model they have in production right now is the Roadster that runs $100K+. But it also as a top speed of about 135mph and a range of about 250 miles which makes it suitable for most driving. The