Tesla Comes Through With Sub-$50,000 Model S, Mostly

Hannah Elliott, Forbes Staff

The Tesla Model S

Tesla today announced official pricing for its four-door electric sedan: $49,900 for a base Model S after a $7,500 federal tax credit.

The announcement comes after months of Tesla founder Elon Musk promising to deliver his first four-door electric car for around $50,000. (Tesla started selling its battery-powered $109,000 Roadsters in 2008.)

Of course, higher performing versions of the seven-passenger sedan will cost more: $59,900 for a 60 kWh (230-mile-range) model and $69,900 for an 85 kWh (300-mile-range) model. The 85 kWh performance Model S, which comes with additional equipment like Nappa leather interior and performance wheels, will cost $79,900 after federal tax rebates. Musk says it will go 0-60mph in 4.4 seconds.  More…….

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About Gopi Sekhar

Gopi Sekhar has over 33 years of work experience involved in a wide range of activities from commercial trading, manufacture and processing of palm oil and Rubber to Research and Development in polymers, recycling and sustainable solutions.
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