A Cheaper Alternative from Tesla

Good news for all of us common folk – Tesla could be coming out with a new $35K electric vehicle.  The Gen 3, as it’s being called, would basically be a  smaller version of the Model S (which sells for a whopping $72K).  The drastic price reduction would be a result of new battery technology, allowing for a lighter and cheaper battery, less need for research and development, and, since Tesla is producing EVs in higher volumes now, cheaper prices for parts.  Expected arrival is 2016-1017.

 

Read more here: http://seattletimes.com/html/businesstechnology/2021291218_teslanextlevelxml.html

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