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Tesla Motors today unveiled its latest addition, the Model S sedan, to its line of electric vehicles. The Model S is its first push to make electric vehicles more affordable. The sedan will ship for $50,000 in late 2011.

Tesla CEO Elon Musk explains the Model S’s three level of removable battery packs, which will propel the electric vehicles 300 mi, 150 mi …. depending on the pack installed. Musk also boasted about the battery packs impressive 45 minute charge time.

[Jason Calacanis]

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