Fuel efficient cars have a luxury counterpart in the Tesla electric car.
Talk about timing! Tesla Motors just unveiled their new offering, the new Model-S sedan which retails at a base price of $57,400 (note to self: it’s the same price as a Lexus GS 450h, a luxury hybrid). Well, times couldn’t be more interesting than they are now for automakers — while many of the well-known car manufacturers are struggling to stay afloat during this recession, Tesla just announced that they’ll be opening a new manufacturing plant in Southern California (despite having to cut 25% of their work force recently). Great, we need the jobs wherever we can get them.
The Tesla Roadster
These high-end electric cars represent the wave of the future for luxury car owners: Tesla’s sporty $109,000 Roadster has a waiting list a mile long for the 1,200 units manufactured yearly. I guess they represent the status symbol for the nouveau riche, especially in Silicon Valley. The new Model-S is a sedan that will begin to see production after the economic recession is expected to be over, sometime around 2011.
I suppose if you’ve got deep pockets, you can certainly be early adopters of such awesome new eco-friendly technology regardless of the price. It would be nice if the wealthier amongst us embraced such environmentally friendly initiatives — well, since they can afford it.
So what do you think. Does the new Tesla strike your fancy? By the time you drive a brand new car out of the lot, you’ll be $60,000 lighter. I personally see it as the choice for status symbol seekers because if you’re after an environmentally-friendly car, there’s always other gas-electric hybrids or fuel-efficient cars available out there for half price, like the Toyota Prius (at $22,000) and the 2010 Honda Insight ($19,800).
Who would buy such a thing? I’m not a car fiend, so to me, the Tesla Roadster looks just like any other car like a Miata or a Porsche maybe, except for the fact that it’s electric. Still, it seems like there’s a market here for these vehicles, a market which may see some expansion if gas prices decide to escalate again.
For more affordable fuel-efficient models, you can check out these small hybrid cars.