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    Tesla Motors confirms $57,400 model S price tag

    Consumer Reports News: December 21, 2011 05:50 PM

    Tesla Motor's next electric car, the Model S sedan, still won't be ready until next summer. But the company announced yesterday that it's sticking to its guns on pricing for the next-generation all-electric vehicle.

    As previously announced in March, EV fans will be able to purchase a Tesla Model S sedan with a 40-kWH battery (and approximately 160-mile range) for $57,400—or, as Tesla puts it, $49,900 after the $7,500 federal tax rebate. Yesterday's announcement also confirmed the post-tax rebate prices for its 60-kWh Model S (230-mile range) for $59,900 and its 85-kWh version ($69,900), which Tesla claims will achieve 300 miles between charges.

    A Model S Performance version promises to add sport-tuned traction control, a top speed of 130 mph and a zero to 60 mph acceleration time of just 4.4 seconds. While it still promises a 300-mile range—at speeds of 55 mph—expect a hefty price tag for Tesla's sports car-like EV. A Model S Performance will set consumers back $79,900—again, after accounting for the $7,500 electric car tax credit.

    Tesla says the 300-mile range Model S versions will roll out of its factory mid-year, with the 230-mile Model S will follow in the Fall and the base Model S by "Winter 2012."

    Related:
    We tour Tesla Motors, preview Model S

    Model S Update: Pricing and Options [Official Tesla Motors Blog]
    Model S Options and Pricing page [Tesla Motors]

    Paul Eng


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