Can the price of batteries be brought down far enough to build a $40,000 electric car? That's the question that CNN Money, Barron's, and a host of others have posed to Tesla Motors (TSLA) and CEO Elon Musk, and needs to be answered before delving into Tesla's valuation. The automaker has indicated a mass-market vehicle with a range of 200 miles will hit the market in 2016 with a price point close to entries of Nissan and Toyota. Will it take a rocket scientist to pull off the engineering marvel?
Can the price of batteries be brought down far enough to build a $40,000 electric car? That's...
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