Not only is it super-cool looking, made in America, tre lux, and completely electric, now Tesla Motors‘ stock has soared past 7.3 percent today to $104.63-a-share–almost $15 dollars more than it was only two weeks ago.
Since it’s launch in 2009, the Silicon Valley electric carmaker’s shares have almost tripled and Consumer Reports magazine has lauded the Model S the best car tested since 2007 — awarding a 99 out of 100 score, the highest given to any automobile.
With its Model S outselling by wide margins the Mercedes S Class, the BMW 7 Series and the Audi A8 in the US.This year Tesla became the first recipient of a U.S. Energy Department loan to pay off its debt. Last week the company made a payment of $451.8 million to the government. The money, coupled with two previous payments, paid off a $465 million loan that Tesla got from the Department of Energy in 2010 to foster development of advanced-technology vehicles.
With a $69,900 base price, the Model S is currently able to travel as far as 265 miles (426 kilometers) per charge. Tesla chief executive Elon Musk’s has confirmed that the company will eventually make a long-range electric car for the mass market with a base price of $30,000.
Last year, the company began installing solar-powered supercharger stations on major U.S. highways.Musk has said the company will enlarge the network of chargers, most of which are currently in California, allowing the cars to easily re-power in about 30 minutes.