Tesla Roadster Production to End This Year

Tesla has announced plans to stop the production of their Roadster model by the end of 2011. The details were secured from a filing of motor maker with the US Securities and Exchange Commission.

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This strategy has taken the motor world by surprise as Tesla’s Model S won’t be hitting market until mid-2012 s was earlier revealed. Tesla seems confident about surviving the tough competition with their remaining stock of Roadsters through out  their year-and-a-half long manufacturing process.

The other details availed from the filing reveal the company’s idea to introduce a Model X concept later this year. Though not many details are known about the concept, we guess this crossover will incorporate the functionality of a minivan with the consumer appeal of a sports-utility vehicle.

The Model X concept is expected to launch the production model in 2014.

(Via WCF)


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