— the private company that came up with a nearly-$100,000 electric-powered sports car — announced it will open a showroom and service center in Menlo Park, Calif. The area is known for its proximity to Stanford University and Silicon Valley. The company is also in the middle of building a Los Angeles dealership. The company says the Menlo Park dealership could be open by the end of this year. Ironically, it takes over the space of an out-of-business Chevy dealership.
Unlike traditional car dealerships, Tesla will own each shop. The company plans to open locations in Chicago, New York and South Florida as well, but there have been no announcements on exact locations or a time frame for those shops.
Production of the Roadster itself will begin this fall, and the company already has 560 orders placed and predicts an initial run of 800 2008 models. That’s quite a few cars, given the starting price is $98,000 — and that’s without a $950 destination charge.