Tesla Motors Inc Drives Its Model S Into Japan

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Tesla Motors Inc Drives Its Model S Into Japan
Blomst / Pixabay

Tesla Motors Inc (NASDAQ:TSLA) has handed over its first electric-powered Model S cars to customers in Japan today, with one of the first nine model S vehicles delivered to Panasonic’s executive vice president.

Tesla’s Elon Musk said the batteries for all the firm’s vehicles are made in Japan.

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Heart of Tesla Model S is Japanese

Tesla Motors Inc (NASDAQ:TSLA)’s chief executive Musk said: “An important point that I should emphasize about the Model S is that the batteries are all made in Japan”. Since the battery is the “heart” of an electric car, he said: “The heart of Model S is Japanese. I think that’s a pretty cool thing”.

The electric-powered Model S is priced from ¥8.23 million (about $78,000). Musk said Model S owners would be able to charge their cars free at Tesla-built power stations “forever”. The first “supercharger” station was built in Roppongi.

The company’s service center at Yokohama offers four superchargers. Tesla Motors Inc (NASDAQ:TSLA)’s spokesperson said the company plans to build a larger Supercharger network in Japan. Such a move will be critical for the car maker to make its electric vehicles a viable alternative to the current swath of gas-guzzling road warriors.

Panasonic to contribute 30-40% of gigafactory

As reported earlier, back in October, Tesla Motors Inc (NASDAQ:TSLA) entered into an agreement with Panasonic Corporation (NYSE:PC) (TYO:6752) for the supply of battery cells for its electric vehicles, which may eventually earn the electronic giant up to $7 billion in revenue. As part of the agreement, Panasonic will supply two billion lithium-ion batteries used in electric cars to the Palo Alto-based company over the next four years through 2017.

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