In January, Cadillac will begin selling its first electric car for a base price of $75,995. That luxury price makes it a direct competitor to Tesla’s Model S. In terms of styling, the ELR is similar to the Cadillac CTS, ATS, and XTS sedans. Running on electricity and gasoline, its range should exceed 300 miles, which matches the Model S (though Tesla uses only electric power). GM anticipates that the ELR will also qualify for the $7,500 federal tax credit, much like the Model S. Read more at: http://www.seattlepi.com/technology/businessinsider/article/Cadillac-s-Electric-Answer-To-Tesla-s-Model-S-Is-4889580.php