The future of Tesla Motors has been in question throughout the past few months and many are beginning to believe they will soon go out of business. However, this hasn't stopped Tesla from planning the official debut of their new Model S Sedan, which is set to happen on March 26.
Of course, they have to build the suspense by giving the obligatory teaser shots of the exterior.
Like the Tesla Roadster, the Model S will be an all electric vehicle and a full charge on the Model S takes roughly 8 hours, the same as its older sibling. On a full charge, the Model S is said to be able to travel about 225 miles.
The Model S is set to go on sale in 2011 and will sport a starting price of $57,500. Tesla is hoping to sell somewhere in the rage of 20,000 units annually.
The real question is if people will pay a little more for an all electric vehicle when vehicles like the Chevy Volt and the Toyota Prius can offer extended ranges by using a gasoline hybrid drivetrain.
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