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Tesla strikes deal with Lotus to keep the Roadster

Tesla Motor Inc. has made a deal with Lotus for it to continue to provide it with “gliders,” or partly assembled Roadsters without the powertrains, until December of 2011. The new plan will allow Tesla to produce another 700 units for a total of 2,400. The original deal with Lotus to provide the basis for the first 1,700 Roadsters was to end in March of 2011.

This will allow Tesla to continue to produce automobiles, and make money, while it irons out the details of the Model S, which is set to go to market in 2012.

[via Business Journal]

Tesla makes deal with Lotus


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Posted by: Benjamin Greene
Posted on: 4/2/2010 at 9:56 AM
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Categories: Tesla
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