The Car and Truck Fleet and Leasing Management Magazine

Tesla to Unveil More Affordable Model E In '15

December 16, 2013

Tesla's Model X was unveiled in mid-2012. Photo via Tesla.
Tesla's Model X was unveiled in mid-2012. Photo via Tesla.

Tesla Motors plans to unveil a more affordable electric car in early 2015 to expand its reach as it moves into its third generation of battery electric vehicles.

Tesla's Model E, which will sell for about $40,000, would be almost half the price of its Model S sedan that starts at $71,070. Tesla confirmed it plans to unveil the car at the 2015 North American International Auto Show in Detroit, reports the Los Angeles Times.

In late 2014, Tesla plans to sell its long-awaited Model X Sport-utility. The Model X will be comparibly priced to the Model S. Tesla is producing about 21,000 Model S sedans this year.

Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

A "pool" or inventory of already built vehicles on consignment at body companies, awaiting sale and upfit by dealers or leasing companies.

Read more

Alternative Fuel Locator

Use the Alternative Fuel Locator to find stations near you.

Launch Alternative Fuel Locator

Up Next

More From The World's Largest Fleet Publisher