Tesla shares closed at $224.84, up under 1 %, after surging up to $228.49.

The electrical-vehicle maker stated Tuesday the new, “P100” form of the Model S, when upgraded to “Ludicrous Mode,” will have the ability to move from to 60 miles per hour by 50 percent.5 seconds.

The dizzying performance, which will come thanks to a brand new, 100-kilowatt-hour battery, may also extend the Model S’s Environmental protection agency range to 315 miles on one charge.

“I wish we’re able to make more,” Musk stated throughout a business call.

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