Next year will be critical for Tesla Motors . Not only will the company begin to ramp-up production of its recently launched the Model X SUV, but it also plans to show its Model 3 , a fully electric car the company says will be priced at about $35,000 before any incentives.
But despite all of the attention Tesla's X and 3 will likely garner during 2016, investors shouldn't write off the Model S as history. If the company's pattern of aggressively updating the car is any indication of how next year will play out, the Model S could see some key improvements during the year. And, perhaps most interestingly, Tesla could even launch a lower-cost version of the Model S.
Even just 200 miles of range for a Model S may be compelling today. The proliferation of the company's Supercharger locations, which can charge a Tesla vehicle from a 0% charge to 50% in about 20 minutes, and to 80% in about 40 minutes, combined with the ramp-up of Tesla's Destination Charger locations, have made traveling in the Model S far more convenient today than it was even just a two years ago.
Could 2016 be a good time to bring the 60 kWh Model S, with its 208 miles of range, back from the dead?
The next billion-dollar iSecret
The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early, in-the-know investors! To be one of them, just click here .
The article Tesla Motors, Inc.'s Model S: A Less Expensive Version Coming? originally appeared on Fool.com.
Daniel Sparks owns shares of Tesla Motors. The Motley Fool owns shares of and recommends Tesla Motors. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy .