Electric 1000+ hp motor goes 0 to 60 in under 3 seconds

http://wrightspeed.com/products/the-circuit/

Of course, my Suzuki Hayabusa motorcycle goes 0-60 in about 2.6 seconds and does the quarter mile in 9.7 seconds (and can be found brand new for as little as $11,000), but it also can't carry more than two passengers....