Tesla cuts back on Roadster cost, profits coming next month

In Tesla Motors’ blog, CEO Elon Musk took some time to set the record straight over the much talked about lawsuit filed by co-founder Martin Eberhard. As “twisted and wrong” as it may be, Musk felt he needed to set the record straight. However, the whole blog post wasn’t about Eberhard’s allegations in the lawsuit; Musk gave us some insight as to where Tesla is headed and how soon the electric-car startup will reach profitability.

“With the release of the Roadster 2 this month, we are finally at the point where Tesla has a solid supply chain and a unit cost that allows us to operate the Roadster business line profitably,” Musk said in his post.

He said that the material cost of the Roadster has been dropped to...
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ChevyFan100 - 6/22/2009 7:39:14 PM

+1 Boost

I saw a Tesla on the road and it looked really good. It makes no sound at all.

Joe_Limon - 6/22/2009 8:52:00 PM

+3 Boost

I saw my first Camaro on the road today, it was a metallicy charcoal gray. It was a real head turner, almost rear ended the guy in front of me because of it! haha

david969isAFool - 6/23/2009 2:26:27 AM

+1 Boost

I rode in my friend's test model roadster he's reviewing for auto mag this week - for the $120k sticker price, the car definitely is worth the technology and for the 1000 lb batteries. the seats were thin - can't recline, manual side mirrors, a pioneer aftermarket radio in the dash, and btw - the dash is poor looking with no feeling that you just paid so much for five prius'. okay - it was quite fast, didn't feel that the claimed 0-60 was met in 4 seconds flat. ingress/egress is horrible - and i'm only 5'9". i'd still opt for a porsche 997 s and save the difference. the car is surely for those with a few cars already in their garage.

veyron1001 - 6/23/2009 9:41:11 AM

+3 Boost

A Lotus is the much better buy costing less than half and is fuel efficient.