The Tesla Model S is buzzing with good news
Tesla stock is on an ascending path lately reaching new height. The electronics car makers stock is up 383 percent so far this year. So, what is going on with Tesla?
The Palo Alto, California based carmaker’s Tesla Model S luxury electric sedan attained the highest safety rating from the National Highway Traffic Safety Administration (NHTSA) during crash tests. It is an extraordinary achievement for a young model. It is the safest car ever tested by the NHTSA so far. The Model S is equipped with pre-warning and pre-collision system that warns the driver and applies breaks by itself if the driver response is lagging. The Model S comes with an all-electronic drivetrain. The Model S is also claims that it is safe in rollovers because of its heavy battery pack that rests under the floorboard. The NHTSA tests about 85 percent of new models a year. Crash testing is an expensive science. Tesla expects to sell about 20,000 Model S vehicles this year and the price could be around $100,000 a vehicle.
Critics say the results are lopsided because other similar luxury cars from BMW, Audi, and Mercedes-Benz have not yet being tested by the NHTSA.