Tesla CEO teases crossover and sports car EVs for 2016

Tesla Model X introduction with CEO Elon Musk

Tesla founder Elon Musk would like to remind you that the Model X isn’t the terminus of his company’s electric car ambitions. Far from it: Musk tells Wired that Tesla’s 2016 plans include both a crossover SUV akin to the BMW X3 as well as a pure sports car that goes beyond just a Roadster redux. The racier vehicle will have speed, but “not supercar pricing,” the CEO says. He also elaborated on already-known plans for an ‘entry’ sedan in 2015, which should resemble a 20 to 25 percent smaller Model S and cost about $30,000 if all goes well. There’s a wide gap between promises and reality in all those statements, but Musk has a reputation for largely delivering on target — which gives us hope that there will finally be Tesla EVs within range of everyday budgets.

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Tesla CEO teases crossover and sports car EVs for 2016 originally appeared on Engadget on Wed, 12 Sep 2012 16:11:00 EDT. Please see our terms for use of feeds.

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Tesla working on a sedan that will rival the BMW 3-series?

Tesla Motors has just rolled its Model S sedans. Now, the Silicon Valley-based electric car manufacturer is upping the ante by revealing its next car. In an interview with AutoCar, Tesla Chief Designer Franz von Holzhausen confirmed that a third model line is underway, saying that the first units could launch as early as 2015. Franz von Holzhausen added that the target price of the new entry-level car will be around $30,000. When asked about its design, the design chief admitted that it will have a more distinctive styling compared to its conventional Model S sedan.

AutoCar notes that Tesla’s third-generation electric sedan could rival the BMW 3-series. “The third model will continue to drive down the price point as fast as possible. We will become more experimental as we develop as a brand,” he said. So far, Tesla has been succeeding at a time where other electric car companies have struggled and failed. Tesla Motors has reportedly amassed over 10,000 $5,000 deposits for the Model S sedan. The Model S electric sedan was launched in June this year. The young car maker previously said that it will build 5,000 Model S cars by the end of this year.

By Ubergizmo. Related articles: Tesla Model S sedan is faster than a Porsche 911 Carrera, Harman prototype car functions controlled by gestures,