Tesla Motors, manufacturer of the soon to be released Tesla Roadster, have just announced a showing of their more affordable electric vehicle, the Model S sedan.
A street-ready prototype of the all-electric Model S will have its show on March 26.
The Model S will see a price point similar to the Chevy Volt at around $60,000. A far cry from their much-hyped electric sports car the Roadster. The Model S is a four-door, all-electric luxury sedan, which should see production in two years.
While money troubles have dogged Tesla Motors, they are reporting that this won’t be an issue for the Model S production. Tesla Motors CEO Elon Musk has stated that Tesla expects to receive $350 million in Department of Energy loans that will go to building a Model S factory within four to five months.
Regarding the Tesla Roadster, Musk says that it is sold out for 2009.



