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Tesla Model E To Rival BMW 3 Series On Price: Report

Tesla’s new entry-level Model E electric vehicle will reportedly wear a “realistic” price tag when it arrives in showrooms in 2016. According to the UK’s Autocar, Tesla’s Chris Porritt said this week that the Mod


Tesla’s new entry-level Model E electric vehicle will reportedly wear a “realistic” price tag when it arrives in showrooms in 2016.

According to the UK’s Autocar, Tesla’s Chris Porritt said this week that the Model E will be priced competitively against Germany's ‘big three’ luxury midsizers; the BMW 3 Series, Audi A4 and Mercedes C-Class.

Mr Porritt said Tesla’s new 'Gigafactory' will help to lower the cost of battery production, which could also result in lower prices for the Model S and the coming Model X SUV.

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