Tuesday, October 27, 2009


While we wait patiently for the introduction of the Tesla Model S, Tesla has announced that the platform of the seven passenger sedan will be used for derivatives including a minivan, cross-over utility vehicle and a utility van for fleets.

The announcement was part of a release from Tesla about the automaker's plans for $465 million in low-interest loans from the Department of Energy that Tesla received.

Tesla plans on using the loans for the US-based production, engineering, and assembly of the Model S and for a powertrain manufacturing facility in Northern California that will build advanced EV powertrain components for other automakers. The Model S will be produced in Southern California.