Electric car manufacturer Tesla says that it has surpassed 1,000 orders for its upcoming Model S sedan - doubling the number of orders it received shortly after the car was introduced to the media. To order a Model S, the automaker requires a $5,000 down payment that goes towards the estimated $49,900 after-tax credit MSRP.
The automaker says it has delivered more than 400 of its higher-performance Roadsters, which retail for $101,500 after the $7,500 federal tax credit.
In the first week after the Model S was unveiled by CEO Elon Musk, the automaker said it had received 520 orders.
