Gren Motor | Low budget EV: Tesla working on a $30,000 electric car

They say that Tesla is the Apple of the automotive industry. I somewhat agree but I think the car company still has a lot to prove. It has come up with a number of great electric vehicles. The next one of which could be released within 3 or 4 years.

The upcoming EV is expected to be pricey but will be the most technologically advanced. The follow up to the current Tesla Model S might go way past the 200 miles/charge. It’s currently priced at $100,000 but Tesla could be offering a car within a more affordable range.

Elon Musk hinted it could be priced at $30,000 and could compete with the BMW 3 Series. Details are scarce but we’re expecting more hints from Musk himself.

[Link] [Link] [IMG: Reah Padla.]

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Tesla Tesla Motors, Inc. is a Silicon Valley-based company that designs, manufactures and sells electric cars and electric vehicle powertrain components. Tesla Motors is a public company that trades on the NASDAQ stock exchange under the symbol TSLA. Tesla Motors gained widespread attention by producing the Tesla Roadster, the first fully electric sports car. Its second model is the Model S, a fully electric luxury sedan. While still expensive, it is substantially cheaper than the Roadster. Read more

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