Official: Tesla Unveils Model S Sedan

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Tesla Motors has officially unveiled its highly-anticipated, all-electric Model S sedan, hours after a few leaked photos appeared on the Internet, the New York Times reports.

The Model S will cost $49,900 after a $7,500 federal tax credit. It weigh about 4,000 pounds in full production trim when it hits the U.S. market in late 2011. It will also rip off 0-60 runs in 5.6 seconds, and be able to carry a 50-inch plasma TV with the rear seats folded down.

Inside, a 17-inch touchscreen LCD dominates the center console with Pandora Radio, Google Maps, and 3G cellular broadband. All-wheel-drive will be available as an option.

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