Tesla Trademarks Model E Nameplate, Plans Expansion Overseas

Tesla is on the move. Following some of the most highly-praised crash test ratings in history, news from Green Car Reports claims that Tesla is planning yet another new vehicle in the lineup; the Model E.

Alongside the Model X SUV, the Model E would arrive in 2015 as a mid-size sedan sitting neatly under the current Model S. This triumvirate of vehicles would give Tesla a broader market base and possibly allow the brand to soften up prices. This would also pave the way for a Roadster replacement come 2016.

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Along with the new Model E, Tesla hopes to further expand its reach into European and Asian markets- this includes ongoing talks of manufacturing plants overseas and across the US. CEO Elon Musk told Bloomberg:

We’ll try to locate those close to where people are, close to where the customers are, to minimize the logistics costs of getting the car to them. I think the long-term you can see Tesla establishing factories in Europe, in other parts of the US and in Asia.”

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All these plans are very much still in the process of being finalized. But don’t expect anything less than three new vehicles from the automaker come 2016.

PHOTOS: See more of the 2012 Tesla Model S