Tesla Motors Inc (TSLA) Making Inroads In Las Vegas

Tesla Motors Inc (TSLA) Making Inroads In Las Vegas
Blomst / Pixabay

This year, Tesla Motors Inc (NASDAQ:TSLA) has quietly made its appearance in one of the best destinations globally. The auto company opened its store and service center in Las Vegas this year. Earlier in June, the electronic vehicle manufacturer opened a service center at 6260 Badura Ave, near Jones Boulevard and the Las Vegas Beltway, adding a sales floor in November.

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Good response encouraging

“We noticed a lot of people coming through the door when it was just a service center,” said Tesla spokeswoman Alexis Georgeson to Review Journal. According to Alexis the response from the fans encouraged the company to offer sales.

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Customers can test drive the Model S sports car in its new showroom, and can order and take delivery within three weeks to three months. The time taken in delivering the car depends upon the level of customization. Spokesperson Georgeson said that the store is not high pressure because the delivery is based on the number of orders made and there is no inventory push.

Tesla Model X delivery to start in 2014

Tesla Motors Inc (NASDAQ:TSLA) is owned by CEO Elon Musk, who is the co-founder of PayPal and also heads Space Exploration Technologies, or SpaceX. Musk is a major stakeholder of Solar City, a solar-panel installation and maintenance company, which established its Las Vegas office in August.

According to the company, the Model X from Tesla Motors Inc (NASDAQ:TSLA), which will be available for delivery from 2014, is the “best of an SUV with the benefits of a minivan.” Those who have ordered recently may get their Model X by 2015.

Models S different versions

The Model S Roadster is available with two battery options, 60 or 85 kWh, which can run up to 208 miles and 265 miles respectively. The entry level model is priced at $70,000.

The power of the 60 kwh battery model is 302 horsepower and goes from zero to 60 in 5.9 seconds with a top speed of 120 mph. The other model with 85 Kwh has 362 horsepower and accelerates to 60 mph in 5.4 seconds with a top speed of 125 mph. The sports version of the Model S is an 85 kwh powered car with an impressive 416 horsepower and a top speed of 130 mph. It can accelerate to 60 mph in 4.2 seconds.

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Aman is MBA (Finance) with an experience on both Marketing and Finance side. He has worked as a Risk Analyst for AIR Worldwide, and is currently leading VeRa FinServ, a Financial Research firm. Favorite pastimes include watching science fiction movies, reviewing tech gadgets, playing PC games and cricket. - Email him at amanjain@valuewalk.com
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  1. There is no such thing as a Model S Roadster. Their first vehicle was the Tesla Roadster, a 2-seat hard or soft top convertible supercar, and their second is the Tesla Model S a 5+2 4-door sedan/hatchback.

    Also, both the 60kWh and 85kWh have done 0-60 as fast as 5.1 sec.

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