Tesla: It’s Not Just For Rich D-Bags Anymore

Tesla Model S Sedan

Tesla, the trendy electric car manufacturer, has announced they’ll be releasing a new model priced at about $35,000. This is a huge drop from the $100,000+ models they’ve manufactured to date.

The media frenzy over the announcement has been near-orgasmic as some (such as Gizmodo.com) are hailing the new, affordable model as being the most significant automotive release since the Model T.

Tesla Grapples With PR Nightmare After Battery Fire In U.S.

DETROIT (Reuters) – A video that went viral of a burning Tesla electric car has emerged as a public relations nightmare for the company, analysts said Thursday, as the “green car” maker lost as much as $3 billion in market value two days after the incident in Washington state.