Tesla could release Budget Electric Car in January 2015

We all pass them on the highway on a regular basis, and dream of owning one of those electric sports-cars, well Tesla seems to be tapping our dreams become the company is now thinking of releasing a budget electric vehicle.

The Tesla Model S is one of the electric cars sold by the company, it has a really attractive design, however the starting price of $69,000 doesn’t fall in our budget bracket.

Tesla Model SFranz von Holzhauzen, chief designer for Tesla revealed to Auto Blog (Autobild) that the company will unveil a budget electric vehicle in January 2015 at the Detroit Auto Show. The budget electric car doesn’t have an official moniker at this time, its only being referred to as the “Model E”.

Holzhauzen hints that its could be the same size as the Model S with its own distinctive design. The design for the upcoming car has not been released as yet, however he did reveal that it will be in the price range of $30,000 after tax credit.

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