Tesla (TSLA) and founder Elon Musk are all about new ideas, and electric cars are a big part of their grand plans. But Tesla is far from alone in selling electric vehicles, better known as EVs.
On the high end, BMW and Mercedes-Benz could offer stiff competition to Tesla in the future. Thrifty folks may go for models from Ford (F) and Nissan, whereas General Motors’ (GM) electric car has a higher base price than Tesla’s.
Tesla’s Model 3 electric car starts at $35,000, before incentives. The company claims it travels for at least 215 miles without a charge and goes from standstill to 60 mph in 6 seconds.
Buyers of all electric vehicles in the U.S. may be eligible for a $7,500 tax credit from the federal government.
Read on more more of Tesla’s top competitors.