The Tesla Roadster
The Roadster and its higher-performance Sport version are icons of the electric car world. These cars are Lotus Elise rolling chassis ("sleds" with no powertrain) fitted with Tesla's electric propulsion system - motor, controller, batteries - and rebranded with Tesla's corporate logo.
The two-seat sports coupe is capable of very fast speeds (0-60mph in about 3.9 seconds; 3.7 for the Sport) and up to 220 miles in range per charge.
The cars will cease production in 2012 when Lotus re-designs the Elise, making them no longer available to Tesla.
The Tesla S
One of the most anticipated new electric vehicles coming to market (thanks in no small part to Musk's strong PR), the Model S will be a four-door luxury sedan produced entirely in-house by Tesla Motors.
The cars are expected to release to market late this year and will become the company's flagship product. While slightly slower than the Roadster (0-60mph in 5.6 seconds), the S will have up to 300 miles per charge and will be a more practical car at a more practical price (around $60,000).
It will be produced at Tesla's manufacturing plant in Southern California, purchased from Toyota in 2010.
The Model X
The rumored Model X may be Tesla's plan for the post-S market. It's description is similar to the Model S but as a crossover design (half sedan, half SUV). The Model X would likely use the Model S' platform.
Although still preliminary and mostly just rumor, the X could see market as early as 2014 and was hinted at in the company's initial public offering (IPO) filing when going public.
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