More models will be comingfrom the electric automaker soon.
Tesla TSLA -0.12% , the electronic car company run byElon Musk, has plans to put 1 million of its cars on the road by2020, and to introduce a few more models to its lineup.
JB Straubel, the company』s chief technical officer, revealed thecompany』s plans at a conference in Washington, D.C., on Monday,according to The Wall Street Journal. He saidannual sales for the company will eventually by around 500,000, andhe reportedly said several times that there are more new cars tocome after the Model 3, due in 2017 — although he would not saywhat those car will look like.
The Model 3 will be Tesla』s first mass-market, affordable car.It is expected to retail at $35,000 and do 200 miles of drivingfrom a single charge.
The Model X, Tesla』s crossover, is scheduled for launch laterthis year, although it has already been delayed several times.