San Carlos, California-based Tesla Motors said it has received 711 reservations for its new Model S, an all-electric family sedan that carries up to seven people and can travel up to 300 miles per charge.
Tesla said reservations - which include a refundable $5,000 fee - started coming in after the car was formally unveiled on March 26. Mass production of the Model S is expected to begin in late 2011.
The company said the Model S will go from zero to 60 miles per hour in 5.6 seconds, with an electronically limited top speed of 130 mph. Three battery pack choices will offer a range of 160, 230 or 300 miles per charge. The company has not released pricing options on the higher-mileage battery packs.
The anticipated base price of the Model S is $49,900, after a federal tax credit of $7,500.
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Tesla also builds the two-seat, zero-emissions Roadster, priced at more than $100,000.
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