With the arrival of financial angel Toyota, Tesla’s immediate future is solidified as the company moves from its racy Lotus-derived Roadster to developing its $56,500 Model S luxury sedan. This baby will rocket from 0 to 60 in 5.6 seconds and top out at 120 mph when Tesla gets it into production. Doubt about that eventuality should be eased by the $30 million investment in Tesla by Panasonic and Tesla’s deal to electrify RAV4 SUVs for Toyota, giving the startup company some stability as its gears up for production of the Model S.
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