Tesla plans to stop building the Roadster in 2011

Tesla plans to stop building the Roadster in 2011

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Tesla didn´t actually hide it but it didn´t make an announcement either that it has plans to stop selling the current generation Tesla Roadster after 2011. According to Wired, which found this disclosure at Tesla's IPO filing with the SEC, the decision to halt sales was due to planned tooling changes at a supplier for the Tesla Roadster. In particular, Tesla does not currently plan to start selling its next generation Tesla Roadster until at least one year after the launch of the Model S, which is not expected to be in production until 2012. The Roadster appears to be going out of production due to the fact that Lotus will stop producing this Elise platform in 2011. Meanwhile, Tesla is unable to manage the costs of the engineering design changes in the Roadster. What we got out from this report is the fact that Tesla will release a new Elise/Exige in 2012, which is very good news. Still, we believe that Tesla's decision to shut down the Roadster in order to produce a seven-seat sedan seems kind of drastic, especially as the Model S does not have a platform yet.


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