It's Official: $49,900 Base Price for Tesla Model S

The highly anticipated Tesla Model S is less than a year away from rolling into showrooms and many are doubting if will meet its initial pricing target. Tesla, however, wants to put all doubt to rest today by announcing that the Model S will indeed carry a base price of $49,900 following federal tax credits.

The price applies to the base model, which will be equipped with the 40 kWh battery, which will boast an impressive estimated range of 160 miles on a single charge and an estimated 0-60 mph time of 6.5 seconds. Standard equipment includes a 17-inch touchscreen infotainment system and 19-inch wheels. The base Model S, however, will launch in Winter 2012 following the more expensive variants. Finally, a performance model fitted with the 85 kWh battery pack will cost $79,900, but will reward the driver with a 0-60 mph time of just 4.4 seconds.

First on the production schedule is the Model S equipped with the 85 kWh battery, which will go on sale in the Summer of 2012 with a price of $69,900 (after federal tax credits); it will have a range of 300 miles. Model S’ equipped with the 65 kWh battery pack will following three month later and will travel 230 miles on a single charge; price is set at $59,900.

Tesla has also launched a dedicated website for the Model S, neatly laying out all the pricing, specs, and options. The rear facing seats, for example, will increase passenger capacity to seven and set you back $1,500, while the panoramic roof costs the same amount. The site also includes information on the number of charging options that will be offered with the Model S.

Source: Tesla

They should have called this model, "the Taxpayer". Between the purchase rebates and a massive $500M loan to Telsa, this car is heavily subsidized. It's a beautiful design, without doubt, and it doesn't try to look like some toy electric car design. I hope this car succeeds big and changes the minds of conservative car buyers. I wouldn't buy one until I was assured that this company can actually make a reliable car, and that it will survive the next 5 years. If Tesla can survive in this economy, it may turn out to be a real car company, otherwise, the new Delorean.
Is it just me, or is this car's styling extremely derivative? I mean, it's pretty and all, but that rear 3/4 view makes it look an awful lot like a Jaguar XF. And the front: it seems like every manufacturer has an elongated hexagonal grill these days. I know it's more expensive, but I'd rather have a Karma. Actually, I'd rather have an Infiniti M Hybrid. It's good looking and has an actual reputation.

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