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GM tipped to buy Tesla in 2014 – report

Tesla has made a real splash in the electric-car scene, so it should come as no surprise that its success is generating renewed interest in the fledgling start-up.

New media reports in the US suggest that one of America’s biggest car makers, General Motors, is considering buying Tesla in 2014.

Veteran auto industry analyst Yra Harris, of Praxis Trading, told CNBC that GM may make a bid for Elon Musk’s electric vehicle (EV) specialist in the coming months.

Tesla started off building the Roadster, an electric version of the Lotus Elise, at Lotus’s manufacturing base in Norfolk, UK. That car was a stepping-stone launch product, but the latest Tesla Model S saloon (above) is a viable BMW 5-Series and Mercedes E-Class rival with an unusually long range.

The Tesla Model S has left reviewers highly impressed. And, it seems, other car makers who are considering buying into Tesla.
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