'Affordable' Tesla to arrive in late 2016

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Capt Worley PE

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Tesla Motors will launch its smaller electric sedan in late 2016, with a range of at least 200 miles and a price point "half" of the flagship Model S, Tesla CEO Elon Musk said.

Musk's timeline, range and price announcement is the most definitive data so far regarding the so-called "Gen III" vehicle. The current Model S starts at $62,400, meaning the Gen III car will start at about the same price as the Nissan Leaf SV and have triple the real-world range.

Speaking at the annual meeting of shareholders on Tuesday in Mountain View, Calif., Musk said the Gen III will have a "family resemblance" in design to the current lineup. He hinted that the car might have "some autopilot or self-driving elements," but cautioned that those features might not be ready when the car first goes on sale.

"A significant improvement in technology is needed to have a compelling affordable electric car. To be compelling, it must have a useful range of 200 miles," Musk said.

Tesla is working with Panasonic on new battery-cell electrochemistry that is optimized for automotive use, Musk said. He added that he is "pretty optimistic" that advances in energy storage and energy density technology can be made "without any miracles happening."

Read more: http://www.autonews.com/article/20130604/OEM05/130609958#ixzz2VLJ2ZtxG

 
^ I bet you still go for the S.

Tesla makes some good looking cars, though. I'll give them that.

 
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