Elon Musk promises $25,000 electric car at Tesla's 'Battery Day'

The electric car manufacturer says updates to its battery design and manufacturing process will help lower production costs.

Tesla
  • The high cost of batteries is the main reason why electric vehicles cost more than gas-powered cars.
  • At the company's 'Battery Day' event on Tuesday, Tesla announced a new battery design that will give its cars more power and a longer range.
  • The success of Tesla's plan depends on its ability to scale up production.
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5 perfect gifts for fans of Nikola Tesla and his inventions

These products are sure to inspire anyone who loves the work of engineer and inventor, Nikola Tesla.

via Wikimedia Commons / Public Domain
  • A prolific inventor, Nikola Tesla has been dubbed "the man who invented the 20th century."
  • Tesla is best known for inventing the Tesla coil and the first alternating current (AC) electric system.
  • These gifts are designed to inspire engineers, scientists, and general fans of Nikola Tesla and his work.
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The secret to Mark Twain's friendship with Nikola Tesla

Twain and Tesla had similar passions and an amusing friendship.

  • Samuel Clemens (Mark Twain) and Nikola Tesla shared a friendship starting in 1890s.
  • Tesla read a lot of early Twain when recovering from a serious illness.
  • The two shared an interest in electricity.
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Tesla introduces new Model 3 at $45,000

The new version's battery has a shorter range and a price $4,000 lower than the previous starting price.

Tesla Model 3 (Photo: Tesla)
  • Tesla's new version of the Model 3 costs $45,000 and can travel 260 miles on one charge.
  • The Model 3 is the best-selling luxury car in the U.S.
  • Tesla still has yet to introduce a fully self-driving car, even though it once offered the capability as an option to be installed at a future date.
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