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"  It&amp;#039;s probably fair to say that today was a big day for Elon Musk, the CEO of Tesla Motors, with the successful launch of SpaceX Falcon9 rocket. It is the first mission by a private contractor to deliver supplies to the International Space Station. Musk, who founded Paypal and Tesla, is also the CEO and founder of SpaceX, which was formed 10 years ago. Meanwhile back down on earth, Tesla today announced that the first deliveries of the Tesla Model S would begin in one month on June 22nd. Tesla describes the Model S as the first premium sedan designed from the ground up to take full advantage of electric vehicle architecture. &amp;quot;In 2006 our plan was to build an electric sports car followed by an affordable electric sedan, and reduce our dependence on oil,&amp;quot; said Elon Musk, Tesla Motors CEO and Chief Product Architect. &amp;quot;Delivering Model S is a key part of that plan and represents Tesla&amp;#039;s transition to a mass-production automaker and the most compelling car company of the 21st century.&amp;quot;  The first 1,000 Model S cars will be limited edition Signature models and will carry a hefty price premium. Early adopters can expect to pay $87,900 for the 85 kWh Signature model and $97,900 for the Performance version, which is capable of propelling the car from 0 to 60 mph in 4.4 seconds. Oh, and it&amp;#039;s worth noting that those prices are after subtracting the $7,500 Federal Tax Credit. The Model S seats five adults and two children in optional rear facing seats and the interior features a 17-inch in-dash touch screen with Internet capabilities. Tesla claims use of the most energy-dense battery pack in the industry and best-in-class aerodynamics, gives the Model S the longest range of any electric car in the world. Tesla sold over 2,200 Roadster models, which was basically a Lotus Elise with an electric motor. The Model S is a completely new car that is being built at the old NUMMI factory in Fremont, CA that used to be jointly owned by GM and Toyota. Tesla plans to deliver 5,000 Model S cars by the end of the year and says it already has reservations for 10,000. Related posts:   Tesla Seeks Funds for Mysterious &amp;quot;Model X&amp;quot; Wanna Own a Car Company? Tesla Plans IPO Quick Thoughts: Tesla Roadster Sport  "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.roadandtrack.com/new-cars/a21833/tesla-model-s-deliveries-start-in-one-month-35169/>