Tesla Motors has been in the news for all the right reasons lately, from the unique nature of an appealing electric car to booming sales and incredibly high safety ratings. All of the company's good fortune, however, could be in danger after the news from General Motors this week.

GM already has some cars with electric power capabilities, but these cars are limited as far as distance is concerned and the company wants to change that. The Chevrolet Volt plug-in hybrid can drive on electricity alone for 38 miles before the gas kicks in, and the Chevy Spark is totally electric powered but has a maximum range of only 82 miles.

According to a report, GM is working on an all-electric car that would have a significantly better range of around 200 miles per charge. The key difference with this car as opposed to Tesla cars? This one, at around $30,000, would be much more affordable than the $71,000 Model S by Tesla. While GM's current electric-featured cars are definitely affordable compared to the Tesla cars, they do not have nearly the same range and the Chevy Volt is powered by gas as well.

Tom Libby, a lead North American analyst for the Polk Automotive Research Firm, said that battery-powered cars only make up .3 percent of the United States motor sales. If GM were to mass-produce the new electric car it could completely change that number since the electric cars would become more affordable and accessible to the average American consumer.

According to the Associated Press, Tesla is working on an electric car that would be mass-produced, but the price is still expected to be higher, at around $35,000. The company hopes to have it ready by 2016.