Toyota and Tesla to Build RAV4 EV in Ontario Canada

Toyota and Tesla Motors confirmed today that their jointly-developed RAV4 electric vehicle will be built at Toyota Motor Manufacturing Canada in Woodstock, Ontario beginning in 2012.

“The Tesla-Toyota joint development team has agreed that building the vehicle at the Woodstock plant on the same line as the gasoline-powered RAV4, will streamline and simplify the production process and guarantee the highest level of quality control,” said Ray Tanguay, TMMC Chairman, who hosted Canadian officials at the plant today and thanked them for their support. “This is a great example of Toyota’s determination to collaborate with companies with leading edge technology.”

As previously announced, Toyota will pay Tesla approximately $100 million to supply the electric powertrain, which includes the battery, motor, gear box and power electronics for the RAV4 EV. Tesla will build the electric powertrains at its production facility in Palo Alto, California and then ship them to TMMC for final assembly into the vehicle.

The RAV4 EV will be sold at U.S. Toyota dealers through Toyota Motor Sales, U.S.A., Inc. (TMS). Details including pricing, volume and regional distribution will be determined and announced at a later time.

In July of last year, Tesla and Toyota Engineering and Manufacturing, America (TEMA) collaborated to convert 32 conventional gas-engine RAV4 compact SUVs into fully functional RAV4 EV prototypes.

Tesla Model S Alpha track testing [video]

From enhancing performance and tuning the suspension to quieting the interior and optimizing efficiency, Tesla engineers are applying knowledge gained from Alpha testing as they begin building Beta vehicles. Get a sneak peek at the first footage of multiple Model S Alpha sedans having fun together on the track.

Toyota RAV4 EV Coming to Market in 2012

Recent reports have incorrectly stated that the 2012 RAV4 EV will only be marketed to fleet and car sharing programs. We’d like to set the record straight. The 2012 RAV4 EV will definitely be sold to the general public. We anticipate robust public interest in the RAV4 EV and are keen to inform consumers that their future vehicle options include a battery electric Toyota.

Toyota is the only manufacturer bringing two battery electric vehicles to the market in 2012 - the RAV4 EV and the Scion iQ EV. While the RAV4 EV will be available to the public, the Scion iQ EV will be marketed to fleet and car sharing programs only.

Multiple reports have been corrected on various automotive blog sites

Toyota

Tesla Roadsters are almost sold out

With production drawing to a close, Tesla Motors Inc. has sold almost all of the remaining electric Roadsters destined for the U.S. market, said Chief Executive Officer Elon Musk. Supplies will last longer in Europe and Japan, but not by much.

"I think there's a handful of cars left to sell in the U.S.," Musk said. "People in Europe and Japan probably have another six months to place orders for the Roadster. In the U.S., it's maybe a month or two."

And that's after Tesla reached an agreement with Britain's Lotus Cars, which makes the Roadster's chassis, to produce an extra 100 of the vehicles. The full production run, which began in 2008, will end at 2,500 cars.

"So if somebody has an interest in buying a Roadster, they had best put in an order very, very soon," Musk said.

Tesla, based in Palo Alto, reported last year that it would stop making the Roadster before the company's next car, the Model S, hits the market in 2012. Lotus plans to retool its manufacturing facility, and Tesla chose to devote all its effort to the Model S rather than find another supplier.

But buyers have snapped up the remaining Roadsters faster than expected. In Tesla's last quarterly earnings report, the company predicted that Roadster sales in North America would finish by the end of the year.

Many electric-car aficionados will be sorry to see the Roadster go, even if few of them could afford one. With prices starting at $109,000, the car was never meant for the mass market.

And yet, the Roadster played a unique role in changing the public's attitude toward electric transportation.

Low-slung and high-powered, the Roadster popularized the notion that plug-in cars could be objects of desire. With movie stars and politicians among its buyers - think Gavin Newsom and Brad Pitt - the car quickly became an emblem of eco-chic. It caught the public imagination in a way that previous electric cars, like General Motors' EV1 or Toyota's electric Rav4, never did.

"That was the vehicle that stopped people from thinking electric cars were golf carts," said Felix Kramer, founder of the California Cars Initiative, a plug-in vehicle advocacy group. "It totally transformed the conversation."

The Roadster helped usher in the new wave of electric cars, such as the Nissan Leaf.

The end of Roadster sales will leave Tesla without its most visible product. But the company will continue selling battery packs and chargers to German auto giant Daimler. Tesla also is developing a power train for Toyota's next-generation electric Rav4.

And Musk says Tesla remains on track to start building the Model S next year at the former New United Motor Manufacturing Inc. plant in Fremont.

"It's not a concern, because we all knew that there was a limit on the number of the Roadsters that would be produced," said Andrea James, research analyst with the Dougherty & Co. investment bank. "The fact that the company is selling out sooner rather later speaks to demand. The company does very well at creating buzz, and this feeds the buzz."

Fullycharged John O'Groats to Lands end in a Tesla [video]

John O'Groats to Lands end in a Tesla, the Rolls Royce 102 EX and the Vauxhall Ampera

Targa Tasmania 2011 - In the Cockpit of a Tesla Roadster [video]

This year's Targa Tasmania had a new category: electric vehicles. The Tesla Roadster showed off its instant torque and thrilling acceleration as it tore through the course.

Tesla Announces Follow-On Offering of Common Stock

Tesla Motors today announced a follow-on offering of 5,300,000 shares of its common stock. All 5,300,000 shares are being offered by the company. In addition, the company has granted the underwriter a 30-day option to purchase up to an additional 795,000 shares of common stock.

Additionally, in a private placement to occur concurrently with the public offering, Elon Musk, Tesla's Chief Executive Officer and Cofounder, plans to purchase 1,500,000 shares of common stock directly from Tesla at the public offering price and Blackstar Investco LLC, an affiliate of Daimler AG, plans to purchase up to approximately 644,475 shares of common stock directly from Tesla at the public offering price.

Tesla Motors intends to use a portion of the net proceeds from this offering and the concurrent private placement to fund the development of its Model X crossover vehicle.

Goldman, Sachs & Co. is acting as sole book-running manager for the public offering.

Hertz Introduces Tesla Roadster Electric Vehicles Into Fleet

Hertz announced today that it will introduce Tesla Roadsters, the electric supercar, into the Hertz Global EV fleet as part of Hertz Entertainment Services at the Show Biz Expo on Saturday, May 7, 2011. Hertz Entertainment Services will exhibit at the Show Biz Expo in the West Hall, Booth #420, which includes a Tesla ride-and-drive located nearby on Gilbert Lindsay Drive. Hertz will place two Tesla Roadsters in Los Angeles, California that will be available to rent by Entertainment Services customers immediately.

"The Tesla Roadster makes the boldest statement yet that electric vehicles are a breakthrough in car travel: zero emissions combined with cool design and tremendous driving performance," said Mark P. Frissora, Hertz Chairman and Chief Executive Officer. "Hertz is proud to include the Tesla in the most diverse car rental fleet in the world and the Show Biz Expo is the ideal forum to formally introduce the Tesla into our fleet."

Offering up to 295 lbs-ft of torque and 288 horsepower, the Tesla Roadster smoothly can accelerate from 0 to 60 mph in 3.7 seconds without a drop of gasoline. Engineered for efficiency, the zero-emission electric vehicle can drive 245 miles per charge. It plugs into nearly any outlet.

"The Tesla Roadster proves that electric vehicles can offer supercar style, acceleration, and handling with no emissions," said Elon Musk, Tesla CEO and Co-founder. "We are happy that Hertz has chosen Tesla to accentuate its electric rental fleet and let even more people experience the full potential of electric vehicles."

Show Biz Expo is a professional five-star tradeshow and conference that brings all aspects of film/video, television, theatre and event production together under one roof. People attend Show Biz Expo to network with peers and make new contacts; learn about new products & services; attend workshops and film screenings.

Hertz Entertainment Services provides single-source car and equipment rental solutions to the entertainment and special events industries. Hertz Entertainment Services provides customized vehicle and equipment rental solutions to movie, film and television productions, live sports and entertainment events, and all-occasion special events, such as weddings, conventions, and fairs.

Hertz Entertainment Services are tailored to fit the needs of large and small productions alike with competitive pricing and customized, monthly billing. Hertz delivers vehicles and equipment to production locations and a dedicated staff is available 24/7 to address specific client needs. Productions can also rent equipment for use at special events such as lighting, generators and other machinery.

Hertz's experience and willingness to pick up and deliver hybrid and specialized vehicles, such as the Toyota Prius, the BMW Mini Cooper, the Ford Escape Hybrid, and the Lincoln Navigator sets it apart from the competition. The Hertz Prestige Collection is especially popular with actors, while crews benefit from larger vehicles such as minivans, 15 Passenger Vans and SUVs and enjoy having access to a wide array of lighting solutions, generators, lifts and water trucks.

Green Overdrive: Tesla Takes a Cue from Apple Stores [video]

The exec formerly in charge of Apple’s famously successful in-store experience, is paving a new path for electric vehicle company Tesla Motors.

In this week’s episode of Green Overdrive show, Tesla’s VP of Worldwide Sales and Experience, George Blankenship, shows Katie around Tesla’s first experiential store on Santana Row in San Jose, Calif.

2011 Tesla Electric Sports Cars Roadster 2.5

2011 Tesla Electric Sports Cars Roadster 2.5

Tesla launched the new Roadster this week and is delivering to customers now. More than 1,200 current Tesla owners in at least 23 countries have logged over five million electric miles in their Roadsters. CHICHESTER, UK — Tesla Motors (TSLA) will unveil its next-generation sports car to the public this weekend at the Goodwood Festival of Speed. The latest version of revolutionary electric sports car, Tesla Roadster 2.5.

‘Goodwood is one of the most beloved motoring events in the world and a highlight of the English summer – so it’s only appropriate that this iconic celebration will be the public launch of the latest Roadster,’ said Cristiano Carlutti, Tesla’s Vice President of European Operations.

The Festival of Speed is the world's largest motoring garden party - a unique weekend that brings together a heady mix of cars, stars and motor sport 'royalty' to create the largest car culture festival worldwide. Held in the immaculate grounds of Goodwood House, this annual hill-climb extravaganza celebrates all things automotive.

Its two newest Tesla Stores–in Newport Beach, California, and Copenhagen, Denmark–will open with evening receptions. Both will have the Roadster 2.5 on display. The 2011 Tesla Roadster 2.5 features improvements in design and technology, including a new front fascia, rear diffuser, improved seat comfort, sound dampening and an optional large touch screen navigation system with back-up camera.

Inside, the most significant alteration is undoubtedly more comfortable seats, which have larger bolsters and now include a lumbar support system. Interior noise has been reduced in several ways, including new sound-suppressing front fender liners.

Finally, Tesla has further modified the Roadster’s power-control system, adding unspecified hardware to permit “spirited driving” (which we presume means maximum electric power) in exceptionally hot climates.
Prospective customers can see the Tesla Roadster 2.5 at Goodwood or at the London showroom at 49-51 Cheval Place in Knightsbridge, near Harrod’s. Tesla is now delivering this latest version of the car in all Tesla markets in Europe, Asia and North America.

2011 Tesla Electric Sports Cars Roadster 2.5

2011 Tesla Electric Sports Cars Roadster 2.5

Tesla launched the new Roadster this week and is delivering to customers now. More than 1,200 current Tesla owners in at least 23 countries have logged over five million electric miles in their Roadsters. CHICHESTER, UK — Tesla Motors (TSLA) will unveil its next-generation sports car to the public this weekend at the Goodwood Festival of Speed. The latest version of revolutionary electric sports car, Tesla Roadster 2.5.

‘Goodwood is one of the most beloved motoring events in the world and a highlight of the English summer – so it’s only appropriate that this iconic celebration will be the public launch of the latest Roadster,’ said Cristiano Carlutti, Tesla’s Vice President of European Operations.

The Festival of Speed is the world's largest motoring garden party - a unique weekend that brings together a heady mix of cars, stars and motor sport 'royalty' to create the largest car culture festival worldwide. Held in the immaculate grounds of Goodwood House, this annual hill-climb extravaganza celebrates all things automotive.

Its two newest Tesla Stores–in Newport Beach, California, and Copenhagen, Denmark–will open with evening receptions. Both will have the Roadster 2.5 on display. The 2011 Tesla Roadster 2.5 features improvements in design and technology, including a new front fascia, rear diffuser, improved seat comfort, sound dampening and an optional large touch screen navigation system with back-up camera.

Inside, the most significant alteration is undoubtedly more comfortable seats, which have larger bolsters and now include a lumbar support system. Interior noise has been reduced in several ways, including new sound-suppressing front fender liners.

Finally, Tesla has further modified the Roadster’s power-control system, adding unspecified hardware to permit “spirited driving” (which we presume means maximum electric power) in exceptionally hot climates.
Prospective customers can see the Tesla Roadster 2.5 at Goodwood or at the London showroom at 49-51 Cheval Place in Knightsbridge, near Harrod’s. Tesla is now delivering this latest version of the car in all Tesla markets in Europe, Asia and North America.

2010 Tesla Electric Roadster TAG Heuer Sports Car Concept

With the 2010 Tesla Roadster TAG Heuer, on display at the 2010 Geneva Motor Show, pioneering luxury Swiss watchmaker TAG Heuer and electric carmaker Tesla Motors have teamed up in a worldwide partnership as the iconic Swiss brand celebrates its 150th anniversary.

2010 Tesla Electric Roadster TAG Heuer

This one-of-a-kind collector's car includes a unique interior by Tesla Chief Designer Franz von Holzhausen, incorporating TAG Heuer avant-garde design elements and a specially designed center console due to host TAG Heuer's cutting edge concept watch.

2010 Tesla Electric Roadster TAG Heuer

This car also features a TAG Heuer Meridiist mobile phone as well as a one-fifth second Heuer Limited Edition Stopwatch. This Swiss-made timepiece with mechanical movement pays tribute to the 1860 founding of the company and evoques the mythic revival of the brand's vintage stopwatches.

2010 Tesla Electric Roadster TAG Heuer

The car's exterior color scheme is Foucault Field Gray, embodying the innovative spirit of both companies. The design was inspired by the new TAG Heuer concept watch, a technical milestone in mechanical movements, which brings technologically advanced art to life through motion.

2010 Tesla Electric Roadster TAG Heuer

Since its founding in an artisan's workshop in the Swiss Jura, TAG Heuer has become one of the world's best-known luxury brands - maker of avant-garde watches, eyewear and premium mobile phones for refined consumers around the globe.

2010 Tesla Electric Roadster TAG Heuer

TAG Heuer, a star brand from the luxury group and worldwide leader Louis Vuitton Moet Hennessy (LVMH), also has deep roots in the automotive sector. Company founder Edouard Heuer received in 1911 the patent for The Time of Trip, the first car dashboard chronograph, followed in 1933 by the Autavia - the first dashboard timekeeper for both automobiles and aviation. The benchmark in cutting-edge chronographs and timekeeping technology since 1860, TAG Heuer is the watch brand that can claim the longest and strongest association with motor sports and dream cars. Both watches and chronographs are inspired and driven by motor sports, from Formula One to GT cars.

 2010 Tesla Electric Roadster TAG Heuer

"TAG Heuer has a rich history and expertise with the world's most prestigious racing teams - but this is the first ever partnership we've forged with an electric sports car company," said Jean-Christophe Babin, President and CEO of TAG Heuer. "We believe that high-performance drivers are increasingly searching for products that are efficient, socially responsible and stylish. TAG Heuer and Tesla are two of the few companies arleady achieving these ideals today."

2010 Tesla Electric Roadster TAG Heuer

Tesla Motors began developing an electric sports car in 2004 and remains the only automaker selling highway-capable electric cars. The Tesla Roadster accelerates faster than nearly any other supercar yet is twice as energy efficient as a Toyota Prius - the only car that delivers supercar performance guilt-free, with zero tailpipe emissions and a carbon footprint dramatically lower than any comparable sports car.

2010 Tesla Electric Roadster TAG Heuer

Based in California's Silicon Valley, Tesla has delivered more than 1,000 cars to consumers in 21 countries. Advertising Age magazine recently named Tesla one of America's "hottest brands." The Tesla Roadster is quickly becoming the must-have car among Hollywood celebrities, European royalty and socially responsible trendsetters worldwide.

2010 Tesla Electric Roadster TAG Heuer Sports Car Concept

With the 2010 Tesla Roadster TAG Heuer, on display at the 2010 Geneva Motor Show, pioneering luxury Swiss watchmaker TAG Heuer and electric carmaker Tesla Motors have teamed up in a worldwide partnership as the iconic Swiss brand celebrates its 150th anniversary.

2010 Tesla Electric Roadster TAG Heuer

This one-of-a-kind collector's car includes a unique interior by Tesla Chief Designer Franz von Holzhausen, incorporating TAG Heuer avant-garde design elements and a specially designed center console due to host TAG Heuer's cutting edge concept watch.

2010 Tesla Electric Roadster TAG Heuer

This car also features a TAG Heuer Meridiist mobile phone as well as a one-fifth second Heuer Limited Edition Stopwatch. This Swiss-made timepiece with mechanical movement pays tribute to the 1860 founding of the company and evoques the mythic revival of the brand's vintage stopwatches.

2010 Tesla Electric Roadster TAG Heuer

The car's exterior color scheme is Foucault Field Gray, embodying the innovative spirit of both companies. The design was inspired by the new TAG Heuer concept watch, a technical milestone in mechanical movements, which brings technologically advanced art to life through motion.

2010 Tesla Electric Roadster TAG Heuer

Since its founding in an artisan's workshop in the Swiss Jura, TAG Heuer has become one of the world's best-known luxury brands - maker of avant-garde watches, eyewear and premium mobile phones for refined consumers around the globe.

2010 Tesla Electric Roadster TAG Heuer

TAG Heuer, a star brand from the luxury group and worldwide leader Louis Vuitton Moet Hennessy (LVMH), also has deep roots in the automotive sector. Company founder Edouard Heuer received in 1911 the patent for The Time of Trip, the first car dashboard chronograph, followed in 1933 by the Autavia - the first dashboard timekeeper for both automobiles and aviation. The benchmark in cutting-edge chronographs and timekeeping technology since 1860, TAG Heuer is the watch brand that can claim the longest and strongest association with motor sports and dream cars. Both watches and chronographs are inspired and driven by motor sports, from Formula One to GT cars.

 2010 Tesla Electric Roadster TAG Heuer

"TAG Heuer has a rich history and expertise with the world's most prestigious racing teams - but this is the first ever partnership we've forged with an electric sports car company," said Jean-Christophe Babin, President and CEO of TAG Heuer. "We believe that high-performance drivers are increasingly searching for products that are efficient, socially responsible and stylish. TAG Heuer and Tesla are two of the few companies arleady achieving these ideals today."

2010 Tesla Electric Roadster TAG Heuer

Tesla Motors began developing an electric sports car in 2004 and remains the only automaker selling highway-capable electric cars. The Tesla Roadster accelerates faster than nearly any other supercar yet is twice as energy efficient as a Toyota Prius - the only car that delivers supercar performance guilt-free, with zero tailpipe emissions and a carbon footprint dramatically lower than any comparable sports car.

2010 Tesla Electric Roadster TAG Heuer

Based in California's Silicon Valley, Tesla has delivered more than 1,000 cars to consumers in 21 countries. Advertising Age magazine recently named Tesla one of America's "hottest brands." The Tesla Roadster is quickly becoming the must-have car among Hollywood celebrities, European royalty and socially responsible trendsetters worldwide.

2011 New Mercedes E-Class Cabriolet includes AIRCAP® with AIRSCARF®

The highly appealing and emotionally charged Mercedes-Benz E-Class Cabriolet is the latest addition to the successful E-Class line-up. The open-top two-door model, which went on sale on 11 January 2010, features a classic fabric soft top, making for a stylistically pure cabriolet feeling. Viewed from the side, the new model is an intriguing proposition - with its clear proportions and a flawless cabriolet silhouette.

2011 New Mercedes E-Class Cabriolet

In keeping with the motto "four seasons, four personalities", all-year-round suitability was right at the top of the developers' list of priorities. With the new E-Class Cabriolet, the cabriolet season lasts the whole year because, while many cabriolets tend to disappear from the roads of Western Europe in the autumn, the Mercedes-Benz E-Class Cabriolet (length/breadth/height: 4698/1786/1402 mm) provides driving pleasure and comfort whether the roof is open or closed.

2011 New Mercedes E-Class Cabriolet

The soft top can be opened and closed fully automatically within 20 seconds - even when driving at speeds of up to 40 km/h. The cabriolet roof is stowed in a special compartment behind the rear panel. A retractable cover separates the soft top compartment from the boot area; it must be closed in order to close the soft top. If the roof is to remain closed, the cover can be slid rearwards, in which case the boot capacity is increased by 90 litres to 390 litres. A through-loading feature is included as standard for the new Cabriolet, as is EASY-ENTRY - a manually operated entry and exit aid for the rear passengers.

2011 New Mercedes E-Class Cabriolet

The powerplants for the new Mercedes-Benz E-Class Cabriolet are equally innovative: the new direct-injection diesel and petrol models combine efficiency with effortlessly superior power delivery. The exemplary, low fuel consumption has not only been achieved because of the new engines, but also with a number of practical measures. These include on-demand activation of the steering and fuel pumps, the use of tyres with low rolling resistance and an alternator control system which takes account of the current driving situation and the vehicle's electrical power requirements, plus the crucial factor of outstanding aerodynamics. The Cabriolet's cd figure of 0.28 is the best in its class, marking a continuation of the Mercedes-Benz E-Class success story in the field of aerodynamics.

2011 New Mercedes E-Class Cabriolet

In 1989, Mercedes-Benz introduced a world premiere in the shape of a draught-stop for the Mercedes-Benz SL-Class, followed in 2004 by the AIRSCARF® neck-level heating system to further enhance comfort in open-top models. Now comes another world-first: the AIRCAP® automatic draught-stop, which can be activated at the push of a button, greatly reduces turbulence in the interior of the new Mercedes E-Class Cabriolet, creating a sea of warm air. It is also much easier to implement and use than conventional draught-stops: there is no tricky installation, the two individual rear seats remain free and the Cabriolet's flowing side lines remain uninterrupted. AIRCAP® is therefore a classic Mercedes innovation: functional, comfort-enhancing, elegant and safe.

2011 New Mercedes E-Class Cabriolet

AIRCAP® consists of two components: a wind deflector that can be extended by around six centimetres with a net in the windscreen frame and a draught-stop between the rear seats.

2011 New Mercedes E-Class Cabriolet

As well as enhancing occupant comfort and wellbeing, the reduction in draught when AIRCAP® is activated (it can be activated at speeds of up to 160 km/h and remains in use right up to the car's top speed) reduces the interior noise level - so passengers in all seats find it far easier to communicate.

2011 New Mercedes E-Class Cabriolet

The Cabriolet Comfort package includes AIRCAP® with AIRSCARF®. This patented system functions like an invisible scarf, which warms the occupants' head and neck areas. AIRSCARF® is integrated into the backrests of the front seats and provides warm air through outlets in the head restraints.

2011 New Mercedes E-Class Cabriolet

The Mercedes engineers have modified this unique innovation specifically for the Mercedes-Benz E-Class Cabriolet: in this model, an adjustment wheel pivots the outlet nozzle upwards and downwards by a total of 36 degrees over and above the head restraint height adjustment, meaning that the driver and front passenger can enjoy the unique neck-level heating regardless of how short or tall they are.

2010 Tesla Roadster Sports Car UK-Version Electric Vehicle

Tesla Motors has announced production of the right-hand-drive version of its iconic Tesla Roadster sports car, the only highway-capable electric vehicle for sale worldwide. The 2010 Tesla Roadster UK-Version includes a suite of unique noise-reduction materials.

2010 Tesla Roadster Sports Car UK-Version Electric Vehicle

Prospective customers and media may test-drive right-hand-drive cars available at Tesla's showroom, 49-51 Cheval Place in London's Knightsbridge district (SW7 1EW). The 2010 Tesla Roadster UK-Version includes a suite of unique noise-reduction materials, an upgraded sound system and other enhancements that make it ideal for daily commuting or weekend drives.

2010 Tesla Roadster Sports Car UK-Version Electric Vehicle

The Tesla Roadster accelerates faster than virtually any other car on the road, making it the only production car faster than a Porsche and twice as energy efficient as a Prius. It is quickly becoming the choice amongst discerning drivers who demand performance with a clean conscience.

2010 Tesla Roadster Sports Car UK-Version Electric Vehicle

The Tesla Roadster easily travels more than 200 miles per charge in mixed driving conditions, consumes no petroleum and plugs into conventional 220-volt sockets throughout Europe. It can be fully or partially recharged by solar or wind power. A customer's Tesla Roadster recently set a world distance record for EVs with 313 miles on a single charge.

2010 Tesla Roadster Sports Car UK-Version Electric Vehicle

"The right-hand-drive model is our response to growing demand from high-performance car buyers in the UK who are also interested in their impact on the environment," said Cristiano Carlutti, Tesla's Vice President for European Sales and Operations. "Tesla is dramatically expanding its retail footprint in Europe, we look forward to building our community of owners and fans throughout the continent."

2010 Tesla Roadster Sports Car UK-Version Electric Vehicle

UK companies that purchase a Tesla Roadster benefit from a 100 percent Writing Down Allowance, meaning they can deduct the price of the car from their taxable profits. The Tesla Roadster is the only sports car that has ever qualified for a such a tax incentive in the UK.

2010 Tesla Roadster Sports Car UK-Version Electric Vehicle

The Tesla Roadster starts at £86,950 and costs about 1.5p per mile, compared to as much as 32p per mile for petro-powered sports cars. Tesla Roadster drivers are do not have to pay the London congestion charge, saving up to nearly £1,700 annually. They can park for free and without time limits in various London boroughs, they get four hours of free charging at certain parking sites, and they are exempt from the forthcoming Showroom Tax of £950.