Electrifying as Model X marks the spot
Saturday 11 February 2012
Tesla Motors, the electric sports car company backed by Silicon Valley tycoons including Google founders Sergey Brin and Larry Page, has unveiled its battery-powered Model X.
The family-sized vehicle with DeLorean-style gull-wing doors accelerates at 0 to 60 mph in 4.4 seconds – faster than a Porsche 911.
Tesla yesterday opened its books for reservations for the car, which founder Elon Musk describes as "kind of the killer app for families". It will go on sale for about $60,000 (£38,000).
Tesla's shares are trading above $30, way up on their June 2010 flotation price of $17. The flotation helped ease the cashflow problems that plagued the launch of its first product, the Roadster.
While it remains tiny by US car company standards, Tesla has created a popular buzz and stirred the likes of Chevrolet to launch their own plug-in models. However, sales of such cars as the Chevrolet Volt have been relatively disappointing.
- 1 If I were Prime Minister: I'd give tax cuts to the rich, keep Trident, and get my football team wrong
- 2 Top Gear: Jodie Kidd, Philip Glenister and Guy Martin 'in advanced talks' to join show
- 3 General Election 2015: 14-year-old boy asks Nick Clegg – 'can you kill Katie Hopkins?'
- 4 University student in court for allegedly covering housemates' food in window cleaner and spit
- 5 Garland shooting: Isis claims attack on Prophet Mohamed cartoon contest in Texas as its first action on US soil
In defence of liberal democracy
The Rothschild Libel: Why has it taken 200 years for an anti-Semitic slur that emerged from the Battle of Waterloo to be dismissed?
General Election 2015: UK will be 'run for the wealthy and powerful' if Tories retain power, Labour warns
General election live: SNP suspends two members for disrupting Labour rally
Schools forced to act as 'miniature welfare states' with teachers buying underwear and even haircuts for poor pupils
Andy McSmith's Sketch: Feisty audience is the real star of an enlightening show
iJobs Money & Business
£20000 - £25000 per annum + Uncapped commission: SThree: Can you speak German,...
£25000 - £30000 per annum + benefits: Ashdown Group: An exciting opportunity f...
£215 per day: Ashdown Group: Junior Project Manager (website, web application ...
£40-50K: Guru Careers: We are seeking an experienced Software Engineer / Softw...