Tesla Motors announced that 3,000 people have submitted their deposits for a Model S sedan. Slated to go into production in 2011, Tesla also announced that crash testing and other necessities will begin next year, with deliveries starting in 2012.
So far, Tesla has sold 1,400 Roadsters, and is helping automakers like Toyota and Mercedes-Benz made electric powertrains and fully assembled vehicles. The Model S is expected to cost roughly half of the Roadster’s sticker price, or about $50,000.
[Source: USA Today]