A Tesla…for the resta’ya
So far, this week’s been a big bonanza for Tesla Motors. The electric car company raised $226 million with its IPO Monday, and the share price has been rising ever since. Then there’s the P.R. boost from the accompanying press frenzy, celebrating a tiny company most non-auto-non-tech junkies had probably never heard of. Telsa’s been working long and hard — often on fumes, you might say — to make a real product that advances the industry. Good on ‘em.
But let’s face it: Tesla cars are expensive, tiny, impractical roadsters with a ridiculous waiting list. I was more into this fun blow-by-blow comparison from CNET of two much more practical electric-car options on the way for the typical buyer: Chevy Volt vs. Nissan Leaf, ranked next to each other on looks, range, wireless connectivity, and price.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.