“With the Model S, you have a compelling car that’s too expensive for most people,” he said. “And you have the Leaf, which is cheap, but it’s not great. What the world really needs is a great, affordable electric car. I’m not going to let anything go, no matter what people offer, until I complete that mission.”
In addition, Musk said the affordable Tesla will hit the market in three to four years with a range of about 200 miles and a price tag of under $40,000. The 2013 Tesla Model S can be had for at least $60,000 while the current generation Nissan Leaf costs almost $29,000.
Story via DetroitNews