Tesla announces Model S Concept, explains price hikes in town hall meeting


The burgeoning electric car field was just hitting its stride when the bottom fell out of the market last year, and the tough position that has left carmakers like Tesla in has forced some changes to be made. But that's not stopping the company from moving ahead with its product development plans, with the debut of a concept version of the Model S hybrid sedan slated for March. The information on the new concept was revealed at a town hall-style meeting held this evening in Menlo Park, California, where the company is headquartered.
Tesla Roadster

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