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Tesla Motors Delivers First Model S EVs at $100,000

Tesla Motors delivered its first electric Model S sedan over the weekend at its factory in Fremont, California. The financially challenged company – it has never earned a profit – says it will build 5,000 electric vehicles by the end of 2012, followed by 20,000 cars in 2013. Tesla claims it has already received more than 10,000 reservations worldwide for Model S. Continue reading

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