Daimler AG and Toyota Motor backed Tesla Motors Inc. will begin production on its Model S Sedan next year in the United States. The first 1,000 units to roll out from its California factory will be the Model S Signature Series, the most expensive version among all.

This version of Model S has an impressive driving range of 480 kilometers on a single charge. Priced at about USD77,400 in the United States before a USD7500 federal tax credit, this Signature Series is USD20,000 more than the base model. The base model will have a driving range of 255 kilometers. So basically buyers will have to pay more for versions with larger battery packs for longer driving ranges.

According to industry analyst, it’s a good move to start with the one that gets them the most revenue. Tesla starts with highest-priced model first, then work their way down with other models.

The Model S is able to get from 0 to 100 kph in about 5.6 seconds and will have a top speed of 200kph. It is able to fit seven people, when equipped with optional thrid row of rear-facing seats. Tesla expects to produce only 5,000 of the cars in 2012 but hopes to expand production capacity to 20,000 cars by 2013.

[SOURCE: Tesla Motors]

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