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USA: Tesla to Release Affordable and Eco-friendly Cars

Last week Tesla announced that it will no longer be making its $109,000 dollar pure-electric sports car. The roadster model is soon to be replaced by the Model S, a much more consumer friendly 4-7 passenger vehicle. This means that the everyday eco-friendly driver may soon be able to have zero emissions. The model S will be $50,000 dollars – half the price of the roadster and have just as much driving range. There will finally be a more cost friendly and greener alternative to a hybrid vehicle.

In a recently released study, “Semiconductors in Automotive Applications”, Databeans predicts worldwide production of hybrid vehicles will grow at a compound annual growth rate of 39 percent and pure-electric vehicles could soon follow the same pattern and possibly outperform it.
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