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Musk: $35,000 Teslas might be three years away, will be 20 percent smaller
We can't argue that the Tesla Model S is not only a great achievement in the EV industry but a looker as well, but there are still a lot of people unconvinced by the $70,000 sticker price ($60k, if you count the tax credits). CEO Elon Musk is definitely aware of that particular concern, and stated tonight at D11 that there's a very good chance we'll see Teslas in three years for half the price -- and 20 percent smaller, to boot. Speaking with Kara Swisher and Walt Mossberg, Musk mentioned he started the company with a three-step strategy to get to mass market, with the Roadster and Model S being the first two steps. The third step, naturally, would be to offer options that are more affordable: according to Musk, "I think every major product needs at least three iterations to get to the mass market -- I know cellphones have had much more than that." While we wait for 2016-17, we'll start saving some of our pennies, but fortunately we may not have to pinch all of them.
Original Link: http://www.engadget.com/2013/05/29/musk-teslas-three-years-away/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget
Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget