Saturday, July 17, 2010

Electric Cars are almost here!

Well, it already has come. Tesla Motors, company that produces high performance electric cars already are selling 100% electric zero emissions sports car at around $100,000. They recently had an IPO in the stock market in order to get enough funding to get the Model S in production which will be their next model. The Model S, a four-door family sedan which will cost around $50,000 will go into production very soon and will be available within couple of years. CEO of Tesla Motors is Elon Musk, he started Tesla Motors after selling the very successful Paypal to Ebay. If you have been watching the news lately, Tesla just signed a deal with Toyota to jointly develop an electric Rav4 model and they are helping them with the development process of building electric cars. I really think that the electric car market is the next big thing. There's a reason why all these big companies like Nissan(Nissan Leaf), GM(Volt) are developing electric cars because they know that in the future it is going to be a hugh market for these cars. I have no doubt in my mind the Model S is going to be a huge hit. The exterior design is almost like Aston Martin. It has those bold luxurious lines and bulging parts that really makes the car look aggressive and attractive.







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