Tesla Model S: a $60k, All-Electric 5 Passenger Sedan

Arnold Schwarzenegger has just helped Tesla Motors make an announcement that’s probably sending chills through traditional automaker’s boardrooms. The company has just introduced a fully-electric, five passenger sports sedan dubbed the Model S, which will be selling for an affordable $60K. No release date or other pesky details have been announced, but this is a very cool development. (225 miles/charge!)

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