Tesla Preps for Its Model E and 2 More Heavily Traded Stocks to Follow
Tesla Motors Inc. (NASDAQ:TSLA): Current price $157.10
Elon Musk’s electric car builder has filed an application to trademark the “Model E” name for potential use on future automobiles, clothing, and repair service. Tesla now sells an electric sedan named the Model S and in 2014, it will debut the Model X crossover. Musk’s branding strategy follows the Model T, which became the first vehicle that middle-class Americans could afford when Ford introduced it in 1908.