Tesla Motors Inc (TSLA): A Reason To Be Worried?

money and investingThe electric BMW i3 is now becoming available across the U.S., offering EV enthusiasts a mid-range alternative to both the more expensive Tesla Motors Inc (NASDAQ:TSLA) Model S and lower-range, less expensive models.

Make no mistake: The hatchback i3 is not in the same class as the Tesla Model S sedan. The Tesla is a larger, more luxurious, higher-performance vehicle with a better ride. But the BMWdoes offer an intriguing compromise.

What’s more, i3 presales are off to a better than expected start, and the company has added production capacity in an effort to lessen wait times for the vehicle.

Watch the video below for full details:

Leave a Reply

Your email address will not be published. Required fields are marked *