Friday, June 29, 2012

Tesla Releases Second Electric Car

Tesla Motors, Inc. (TSLA) has just released its second electric car, the Model S, which is much more affordable than the Tesla Roadster. Get up to 300 miles per charge. The price starts at $49,900. The Tesla stock trades at 49 times forward earnings, and will be reporting earnings on July 29.

Photo courtesy of Tesla.

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