This is how Tesla and GM are driving down the cost of electric cars

Published 09/18 2013 11:41AM

Updated 03/21 2015 07:19AM

Bloomberg reports that GM CEO Dan Akerson and Tesla Motors CEO Elon Musk are locked in a battle to provide customers with a cheaper option in electric-powered vehicles. Both companies are planning to build cars that will be priced in the $30,000 range.

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