While we wait patiently for the introduction of the Tesla Model S, Tesla has announced that the platform of the seven passenger sedan will be used for derivatives including a minivan, cross-over utility vehicle and a utility van for fleets.
The announcement was part of a release from Tesla about the automaker’s plans for $465 million in low-interest loans from the Department of Energy that Tesla received.
Tesla plans on using the loans for the US-based production, engineering, and assembly of the Model S and for a powertrain manufacturing facility in Northern California that will build advanced EV powertrain components for other automakers. The Model S will be produced in Southern California.
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