patrick.net

It's hard to say. If they can get that Model S out for $50K, and with a California credit of 4K, this could be pretty competitive to the audience they are targeting, which would be BMW/Mercedes/Infinity. I know what kind of mileage I get on my Mercedes! And with standard driving, you could look at probably saving 3K per year in gas. Put 3 years of savings in there, and now you're competing with some decent cars, with a decent price point!

Their technology is completely different, and I hope they don't sell too much of it. If they do, Ford and others will simply sit on it after Tesla is run down to a simple R&D company. They have some good technology in charging and draining their batteries, which is what an electric car is all about.