Below you can read the details from Autopia.
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�We do not plan to sell our current generation Tesla Roadster after 2011 due to planned tooling changes at a supplier for the Tesla Roadster,� the company wrote in the filing.� The Roadster is built by Lotus, so presumably Tesla is talking about changes at the British automaker�s factory in Hethel, England, but we can�t confirm that because Tesla spokesman Ricardo Reyes declined to comment.
Tesla plans to replace the Roadster, but not �until at least one year after the launch of the Model S, which is not expected to be in production until 2012.� The company just closed a $465 million loan with the Department of Energy to finance construction of the Model S sedan, and it is focusing most of its time and resources on that car.
�As a result, we anticipate that we may generate limited, if any, revenue from selling electric vehicles after 2011 until the launch of the planned model S,� the company says in the SEC filing. That may not be a problem if S production starts on plan and goes off without a hitch, but if Tesla hits any snags, things could get ugly fast � a point it concedes in the filing.
�The launch of the Model S could be delayed for a number of reasons and any such delays may be significant and would extend the period in which we would generate limited, if any, revenues from sales of our electric vehicles.�
Tesla plans to replace the Roadster, but not �until at least one year after the launch of the Model S, which is not expected to be in production until 2012.� The company just closed a $465 million loan with the Department of Energy to finance construction of the Model S sedan, and it is focusing most of its time and resources on that car.
�As a result, we anticipate that we may generate limited, if any, revenue from selling electric vehicles after 2011 until the launch of the planned model S,� the company says in the SEC filing. That may not be a problem if S production starts on plan and goes off without a hitch, but if Tesla hits any snags, things could get ugly fast � a point it concedes in the filing.
�The launch of the Model S could be delayed for a number of reasons and any such delays may be significant and would extend the period in which we would generate limited, if any, revenues from sales of our electric vehicles.�
Source: Autopia (Wired)
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