The latest news on Tesla has Elon Musk bragging that the new Tesla Model S will be the fastest production car in the world, beating its gas-powered rivals. Tesla is adding versions of its Model S sedan and Model X sport utility vehicle with a more powerful battery pack that gives the vehicles range of 315 miles on a single charge along with adding speed. With all the recent controversies, Tesla could use something to brag about!

With tax credits and lower prices from manufacturers, particularly lease deals, we’re starting to see an increase in sales for electric cars. Automakers have a huge incentive to sell these vehicles in order to comply with regulatory mandates.