The new Model S, for example, carries a 100 kilowatt-hour battery that gets it from a standing start to 60mph in 2.5 seconds and has a range of more than 300 miles. Expensive cars do fund (eventual) mass-market cars, according to Musk’s master plans. By tweaking its existing product to tempt more buyers, Tesla is doing what any car company does. Which serves to demonstrate, again, just how much of a risk Tesla’s shareholders will be taking if they vote the SolarCity acquisition through. Still, about those faster cars... Bloomberg

Source: Mint August 24, 2016 11:03 UTC