After Cornering Tesla Motors Inc, BMW Is Planning To Go For The Kill

BMW (OTCMKTS:BAMXY), the world's largest luxury automaker, has tried to corner Tesla Motors Inc (NASDAQ:TSLA) by offering an electric vehicle (EV) above and below the price range of Tesla Model S. Now a latest report from Britain's CAR magazine suggests that BMW is developing a plug-in hybrid vehicle that will be priced in line with Tesla Model S to take the EV automaker head on.