I don't know when the federal rebate will disappear, bobjengr. When it happens, though, I assume it will have a greater effect on the low-cost EVs (like the Leaf) where the rebate represents nearly 25% of the overall cost.
Tekochip. I'm on your same wavelength. Of course Tesla is not the first car company to take on the IC engine - but they really have been quite clever and innovative in doing so. If nothing else - they provide an alternative that gets us all thinking.
Excellent Post Charles. Does anyone know if and when the Federal "rebate"; i.e. energy allowance comes off? I am assuming it's not forever. I think Model X has several very innovative features. The time for zero to sixty is impressive. It will be very interesting to see the specifications when we get closer to launch date. I have noticed several times that advertising provides the hype while the product itself is more in line with performance and cost realities. Will be interesting.
I think photo number 5 is the Model X (did you update the photo since the original comment?). The shapes are so similar that a squished photo of an S would take on the taller appearance of the X. The tell-tale is the lower black trim, which doesn't appear on the S.
Let me preface this with making my bias clear and saying that I am a big fan of EVs. Yes, Tesla has posted losses since they started up.... that is because they ARE a start up. It takes years to develop and build out a factory capable of producing tens of thousands of vehicles a year, not to mention a HUGE pile of cash. They SHIFTED production from the Roadster over to the Model S. They have never had a problem paying their Government loan. In fact, they have stepped up the repayment schedule. They have delivered more than 3500 Model S' to date and their factory production is at 100% now that they have successfully ramped it up. This means they are on track to produce > 20,000 cars in 2013 and potentially turn their first profit. Please do not bash a company based on misinformation. There are plenty of actual concerns watching this company mature without blatant distortions and outright fabrications.
Fifty-six-year-old Pasquale Russo has been doing metalwork for more than 30 years in a tiny southern Italy village. Many craftsmen like him brought with them fabrication skills when they came from the Old World to America.
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