Tesla Motors WhiteStar

May 20 2007, 10:00am CDT | by Luigi Lugmayr

Tesla Motors revealed some details about their future electric sedan codename WhiteStar.

Tesla Motors raised the coolness factor for electrical cars by 1,000% when the company introduced the Tesla Roadster. The electrical car is so hot that Tesla can afford to raise the price from $92,000 to $98,000 starting June 15th. If you still want a Tesla Roadster for $92k you need to reserve one now.

Tesla Motors works on a new electric car for the family. The WhiteStar is supposed to come in two versions. One will sell for $50,000 and the premium model sells for $65,000.
The production of the Tesla Sedan will start in 2009. The sedan is currently in the concept design phase.

Tesla Motors just filled its pockets by raising $45 million in venture funding from Technology Partners and Elon Musk, who is also chairman of the board. Overall Tesla Motors raised $105 million to date from VCs like Draper Fisher Jurvetson and Vantage Point Ventures.
Via Red Herring.

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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.