Should Elon Musk worry about the new Chevy Bolt?

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Tesla Motors CEO Elon Musk took to the stage Tuesday at the Detroit Auto Show revealing new details about the company’s upcoming affordable EV, the Model 3.

Tentatively priced at $35, 000, the Model 3 will be ready for production in 2020, almost three years behind the new Chevrolet Bolt.

But did Musk seem worried about the new entrant in the affordable EV market? Not really.

“Tesla is always supportive of other manufacturers who bring compelling electric vehicles to the market,” he said. “We applaud Chevrolet for introducing the Bolt and are excited to learn more about the product.”

Read more about Musk’s presentation and the new Model 3 over at our sister site The Auto Future.

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Colin Rabyniuk Avatar

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