Randy said:... The cost of the E will have to be 1/3 of the Model S to meet what they've promised. Will it have the same features or be as nice? Probably not. Will the cost of the options raise it up considerably higher than the promised price? Probably...
The price target announced is the base model price. I have never see any company market anything other than the base model price in general announcements.
The cost of the E will need to be 1/2 the price of the base model S, not 1/3.
However, it certainly is wayyyy to early for anyone to call this competition for the Leaf much less a killer of it.
They serve different markets. And, who knows what the capabilities of the second generation Leaf will be.