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Tesla announces price for ‘affordable, family electric car’

Electric car maker Tesla has finally revealed the pricing for its long-awaited second model; the Model S.

Set to launch in the US from the middle of 2012, the Model S will deliver Tesla’s promise to produce a more affordable, family car, to build on the success of its first car, the $109,000 Roadster.

Available with a choice of battery sizes, the smaller 40 kWh Model S will $49,900 after federal tax credits (equivalent to around £31,781) while the 60 kWh car, which offers a longer driving range, will cost around $59,900 (around £38,187). A 80 kWH battery version will also be available, priced from $69,900 (around £44,640). The family saloon model, with room for four, will have a driving range of 160 miles, 230 miles or 300 miles depending on the choice of battery pack.

Model S

The 85kWh model will arrive first, from the middle of next year followed by the mid-range, 60kWh, 230 mile range model which will start deliveries in the US from autumn next year.

Finally the 40kWh, 160 mile-range car will start deliveries before the end of 2012. This model will include a 17" Touchscreen, 19" Wheels and a Universal Mobile Connector with three adapters that will allow you to charge at home and on the road. 

A luxury Model S Performance, with acceleration from 0 to 60 in 4.4 seconds (faster than a Porsche 911 Carrera) will also launch. Arriving alongside the first production models and costing $79,900, it includes a Nappa Leather interior, exterior carbon fibre accents, Active Air Suspension and high performance tyres and wheels.

All models will be offered with of up to 8 years with unlimited mileage.

The Model S is not expected to arrive in Europe before 2013. Due to volatility in currency rates around the world, Tesla says it cannot announce pricing outside the United States just yet and will to announce pricing about six months prior to the start of deliveries in foreign markets.

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Faye Sunderland, December 21, 2011
Filed under: Tesla Motors

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