Tesla Motors To Build New Electric Car In Bay Area
I've been watching Tesla Motors for a few years. Their all-electric cars have shaken the auto industry who have long claimed electric cars were slow, impractical and always something "just a few years away". Tesla created a hand built sports car with the power and performance even a Ferrari can't match. Their all electric 2008 Tesla Roadster is a hot car, but the $109,000 price tag makes it inaccessible for all but the ultra-rich.
Now Tesla has announced they are building a plant in the San Francisco Bay Area to produce a lower cost vehicle. Still not a bargain car by any means the $60,000 five-passenger electric sports sedan will put more of these zero emission vehicles on the streets.
Tesla announced plans for the new factory yesterday with Governor Arnold Schwarzenegger in attendance. The plant had been planned for New Mexico, but the state of California gave some hefty tax incentives to attract the new industry.
"We want these cutting edge companies not just to start in California and do their research and development here. We want them to build in California," siad Gov. Schwarzenegger.
Now if we can just get GM and Ford to put their electric vehicles back in production we might have a chance to reveve the sagging US car industry and reduce dependence on foreign oil.






