In a recent interview, Elon Musk, Co-Founder of Tesla Motors Inc. (TSLA), announced that the company has plans to build an electric supercar that will target models from Ferrari and Lamborghini. The new model won’t cost more than $200,000, but it also won’t arrive on the market for the next four-five years.

The future Tesla supercar will most likely be built on the same platform as the electric Roadster, but will deliver much more than the current 248 HP. This means that the 0 to 60 mph sprint time will drop significantly under the Roadster’s 3.9 seconds, while top speed will most likely be limited to about 150 mph.

“We will do an electric supercar at some point,” Musk said. “It was going to happen right after the Model X, but it is more important to the world that we do a more affordable electric car. Hopefully, we will get to an electric supercar in four to five years.”

gallery: 2012 Tesla Roadster Final Edition

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By Simona