PayPal founder Elon Musk's next planned opus for his Tesla Motors electric-car company is a $57,400 electric luxury sedan to be built in Southern California. (You know Tesla, of course, from their Lotus-based Roadster.) According to the company, the Tesla Model S will have up to 300 miles of range, a 4900-pound curb weight, and expected acceleration to 60 mph of 5.6 seconds. After attending the unveiling, we can confirm that it wears the beguiling looks of a Jaguar XF doppelganger.
If all goes to plan—a plan which includes an infusion of both government and private funds to the teetering company—production of the Model S should begin in the third quarter of 2011. Musk says that no matter what happens, the Model S will go into production even if funding shortages prolong the launch date.
Keep Reading: 2012 Tesla Model S Sedan - Official Photos and Info
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