Tesla CEO hints at an entry-level model

by SpeedLux

The CEO of Tesla Elon Musk has revealed his intentions to launch an entry-level model within coming three or four years.

While Musk did not give a clear idea about what the intentions were, he however revealed that it will be nicer than the Nissan Leaf and will have a range of approximately 200 miles (322 km). He also further stated that the Model S is compelling but is quite expensive while the Nissan Leaf is cheap but not great.

Musk wants to bridge this gap and close this discrepancy and so he wants to make a compelling and affordable electric vehicle that would cost less than $40,000 (€30,915). He thinks that such a model is so important that he won’t even consider selling or leaving the company until such a car is built.

Speaking about a possible sale of the company, Musk said that if Tesla was ever acquired it would likely be bought by someone outside the auto industry as the suitor would need billions of dollars in cash.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.


SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.


©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More