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Electric cars gain momentum

Will the electric car finally go mainstream? Palo Alto-based Tesla Motors finally turned a profit, in the first quarter of 2013, on its luxury electric sport sedans. Meanwhile, major automakers are launching a slew of more affordable electric cars in the California market – at cheaper-than-ever lease prices. California pollution regulators are driving both trends, with generous subsidies to buyers and rules that essentially require automakers to produce zero-emissions cars.

 

Tesla workers cheer on the first Tesla Model S cars sold during a rally at the Tesla factory in Fremont, Calif. (Paul Sakuma / Associated Press)




 
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