Tesla Motors to sell five different models by 2016
Tesla Motors CEO Elon Musk announced that the company will sell five different models by 2016. Joining the current lineup will be a smaller crossover and a new sports car to succeed the discontinued Tesla Roadster.
The Model X seven-passenger crossover, which features innovative, dual-hinged gullwing doors and the same platform as the Model S sedan, will go on sale as early as next year.
An entry-level hatchback sedan is also planned for 2015. Musk told Wired magazine that it will compete with the BMW 3 Series, Audi A4 and Mercedes-Benz C-Class. At around $30,000, this car will sell at half the price of a Model S.
As for the Roadster replacement, which won’t be based on the Lotus Elise, the CEO is promising “supercar performance, but not supercar pricing.”