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Cadillac ELR Will Cost Less Than Tesla Model S
General Motors has confirmed production of the Cadillac ELR coupe. The American automaker has yet to announce pricing for the coupe, but an unidentified course close to the project revealed the Cadillac ELR's price will be lower than the $57,400 Tesla Model S. It is expected that the ELR will be priced somewhere around $49,900 with options adding up to $8,000 to that base price. Other sources have predicted that the plug-in ELR will cost somewhere in the mid-$50,000 range.
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