SCG great analysis...I really love the looks of the Karma, the interior materials and layout are MUCH better than the Model S, the exterior is to die for. There is something about the interior materials in the ECO-CHIC that is very attractive to me. Every time I sit in an Eco-Chic model the interior feels comfortable and familiar. The padding and materials are beyond a doubt some of the finest in ANY car (and they are all recycled and use no animal products). Unbelievable feat of interior design and execution! I like the 2+2 seating arrangement in the Karma, I think it looks cleaner than the typical rear bench.
I am not so sure why everyone is hung up on the amount of cargo capacity in the Model S. Maybe Costco runs? I have no idea what people could possibly be carrying everyday to need a bunch of cargo room? I guess its great to have "just in case."
I find it funny that some of the comments here love to play up the sporty nature of the Model S, it weighs 4600 lbs! Regardless of where the center of gravity is, it still feels heavy. The Karma & Model S are not sports cars, they may have some characteristics that may emulate some of the characteristics and features of a sports car, but at the end of the day they, both are large heavy vehicles (akin to using a swiss army knife to filet a fish). You need the right tool for the job , and neither are the right tools if you are talking about a "sporty car." There is no way a 4600lb car can be considered sporty, either these people who claim the Model S handles like a sports car have never driven a legitimate sports car or they "think" that is the way a sports car should handle. This is the same with the Roadster (it is a great commuter car, but it is not a "great" sports car it is much too heavy (also weight in the wrong place) to be considered a legitimate sports car).
If the Karma could get the range up to a 100 miles, increase the price by about 10-20 or so, I would be in line today to get one. I absolutely LOVE the Karma its an amazing looking car both inside and out!