Tesla takes another step towards 5 passenger electric vehicle

Is Tesla the next great American auto company?

Electric vehicle automaker Tesla Motors plans to begin selling a new all electric passenger vehicle in 2009. The 5 passenger, four door electric vehicle will probably start around $50,000 and will achieve about 250 miles per charge.

Later this Spring construction will begin on a $35 million 150,000 square foot production facility in Santa Fe, NM that is expected to provide some 400 new jobs.

May the force be with you Tesla!

(Source: MSNBC)