The base model is supposed to have a range of 160 miles with a 45 minute quick charge. Other battery packs for 230 and 300 mile ranges are going to be available. 0 - 60 in 5.6 seconds, 120 MPH top speed, absolutely no gas required, seats 5 (plus two little ones in the "trunk") the car looks very nice.
I've heard that Tesla wants to have a $30,000 model within a few years, plus they are looking to make a pure electric SUV. This seems to me to be the only car company in the U.S. that is making true electric vehicles, unlike the Chevy Volt which still uses a gas engine. All in all, a very nice looking car if someone wants to spend $50,000 and cut their dependence on oil.
http://www.teslamotors.com/models