Tesla plans to debut its Model E electric vehicle, with a price tag south of $40,000, at the 2015 North American International Auto Show in Detroit, according to reports that surfaced Monday. Tesla has not confirmed the rumor, saying instead that it's made no change to its timeline, which would presumably place the vehicle's debut in 2016 or later. For Tesla to offer a $40K car at a profit, it "will need to rely on economies of scale to further drive down battery costs," said automotive consultant Ted Hanawalt.
Tuesday, December 17, 2013
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