Tesla will end roadster production this December image

Silicon Valley electric car pioneer Tesla plans to stop production of its first electric car, viagra sale the Roadster, in December 2011,according to a filing.

The Model X is said to “incorporate the functionality of a minivan with the consumer appeal of a sports-utility vehicle”. The company says the technology progress made with the Roadster S will be passed on to the new Model X which, company CEO Elon Musk has said, will hit the market in 2014.

Since 2008 Tesla has sold 1,650 Roadsters in 30 countries through March 2011. Tesla began producing right-hand-drive Roadsters in early 2010 for the British Isles, Australia, Japan, Hong Kong and Singapore.
The Tesla Roadster can be ordered with a $3,000 high-speed charger, which enables a 3.5-hour charge time via 220V/70A service in a residential setting.

The standard charger takes around 8 hours for a complete fill. A mobile “trickle” charger kit is also available, for connecting to a basic 110V outlet.

The Palo Alto, California-based Tesla, which was founded in 2003 by Elon Musk, a co-founder of PayPal and SpaceX, said it is also granting up to 795,000 shares of common stock to its underwriter at $26 a share.