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Tesla Delivers First $100,000 Model S on Uncertain Demand: Cars

Tesla Motors Inc. survived a cash crisis in 2008 and tomorrow delivers its first electric car designed and built solely in-house. Co-founder Elon Musk will soon learn if there’s enough Model S demand for Tesla to profit.

The first 10 “Signature” performance versions are to be picked up by their owners at Tesla’s Fremont, California, factory. They’re priced at $95,400 to $105,400 and able to go 265 miles (426 kilometers) per charge. More than 10,000 people have made $5,000 deposits to reserve one, Musk said on June 6.