So far TEG's from exhaust gasses (around 700 degrees Celsius) could only do get 300-400W or half a horsepower tops.
Reportedly (but again not confirmed by the website information), the Model S will be powered by a water cooled 300 hp (220 kw) electric motor with 400ft/lb (541 Nm) from zero rpm.
Big assumptions made here, don't nitpick me on this one:
With 90% efficiency, that would mean the thermal power is around 24 kW at full throttle. If a Seebeck TEG could do 15% efficiency (assuming all power gets to the TEG magically) you would have 3.6kW of power. This of course, is no number to expect, rather somewhere in the 500-1000W zone (still sounds optimistic). At normal speeds, it would most certainly not pay back the investment.
While I am positive Rankine cycle could be used successfully to assist ICE's, on electric cars we still have a long way to go before TEG's are to become interesting.