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Tesla Model S Pricing And Availability Announced

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On: Wed, Mar 16, 2011 at 12:43PM | By: Chris Weiss

Tesla Model S Pricing And Availability Announced

The Tesla Model S four-door will base at a price of $49,900 when it hits the North American market in mid-2012, the California-based automaker announced last week. That price is after the $7,500 federal tax credit and will buy drivers the sporty, 160-mile Model S variant.

Unlike the horsepower and speed that you expect pay more for in gas vehicles, buyers will have to pony up for increased range, and it won't come cheap. For an extra 70 miles worth of range, you'll be paying an extra 10 grand: the 230-mile-rated Model S will cost $59,900. No bulk discounts here.

The first 1,000 units to roll off Tesla's lines will be of a well-equipped, 300-mile variety and will be called the 'Signature Series'. Tesla plans to sell 5,000 units during 2012, with production increasing fourfold to 20,000 in 2013.

After sales begin in North America, Tesla will launch a left-handed European version in late-2012, followed by a right-handed European version in mid-2013.

The Tesla will provide a bit more practicality to Tesla's current one-car line of the two-seat Roadster. Not only does the car deliver seating for five (or an optional seven), but it starts at less than half the price of the $101,500 Roadster. Three different liquid-cooled, floor-mounted, lithium-ion battery packs will provide for the different range options. The Model S will hit 60 mph in 5.6 seconds and have a top speed of 120 mph.

In January, Tesla showed its latest Model S prototype, called the Alpha. Tesla will test Alpha and Beta prototypes before bringing the Model S to market next year. Final design and options are still being worked out, and Tesla plans to contact reservation holders approximately three months ahead of sale to work to customize their vehicles.


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