In what seems to be a load of hype, American electric sports car maker, Tesla Motors, has announced plans to produce an all electric sedan vehicle which will be built somewhere in California...

In what seems to be a load of hype, American electric sports car maker, Tesla Motors, has announced plans to produce an all electric sedan vehicle which will be built somewhere in California. According to the issued press release, the sedan, called Model S, will be a five passenger, multi-use sport sedan with a driving range of approximately 225 miles on one charge. The projected cost of the Model S is $60,000. The announcement came at a press conference yesterday joined by California Governor Arnold Schwarzenegger and State Treasurer Bill Lockyer.

However, in a statement by Telsa boss Elon Musk, the first models won't roll out until four years from now and hopefully will be priced less than $30,000 far from the stated $60,000 in the press release. Ben Wojdyla at Jalopnik.com sums up the situation nicely by pointing out - with this announcement we have no photos, no production location, no launch date and no price.

There is no doubt that Tesla faces a huge task in putting the world's first all-electric sports car into serial production, however, since only three of the 650 units of the Tesla Roadster planned for 2008 have been delivered after a year and half delay, the announcement of a second Tesla model with nothing to show is skeptically received.