Tesla's got some new competition from Switzerland. Inspired in design by classic Italian supercars, the Elextra will be hand-built in Germany, though its maker plans to limit production to 100 pieces to ensure exclusivity. The all-electric vehicle can reach 62 miles per hour from zero in a snappy 2.3 seconds, and travels nearly 400 miles on a single charge.

The Elextra is meant to redefine supercars, while drawing on modern technology to offer a clean ride. It is constructed with carbon fiber and boasts a dual motor electric drivetrain. The output power of the twin motors is 680 horsepower. The Elextra can reach 155 miles per hour, and has a total range of 373 miles. That rapid speed of zero to 62 miles per hour in 2.3 seconds is just faster than the Tesla Model S P100D.