Tesla confirms Mercedes EV


Tesla has released their third quarter earnings statement, the press release includes some interesting new details about the company's future product lineup.

Accordingly, Tesla announced the signing a letter of intent to develop an electric powertrain for an upcoming Mercedes model.

Details of this deal remain confidential, but the company specifically mentions the A-Class EV, so the rumors indicating the future arrival of a B- or S-Class EV can become reality.

Besides, Tesla said that it will introduce the Model X later this year. In addition, the Model S will be launched in July, 2012.

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