Tesla‘s (NASDAQ: TSLA) fans and foes have been waiting years for the big automakers to step up to the challenge put forth by CEO Elon Musk: To start building great electric vehicles that will give Tesla some serious competition.
A few automakers are known to be working on long-range premium electric vehicles that could rival Tesla’s (and a few more may be doing so in secret). But as of right now, it looks like the first vehicle to give Tesla some serious competition will wear a Jaguar badge when it begins arriving at dealers later this year.