Print 37 comment(s) - last by superstition.. on Dec 24 at 12:19 AM

Cheapest Tesla Model S won't be available until Winter 2012

Tesla Motors has been teasing its gorgeous Model S electric sedan for well over two years now. Now the company has confirmed the official pricing for the vehicle, and is holding firm on the $49,990 price of entry after $7,500 federal tax credit.
As it stands now, here's how the four Model S variants will stack up (compared based on their battery capacity). All price listed include the tax credit:
(40 kWh)
$49,900, 0-60 in 6.5 seconds, 110 mph top speed, 160-mile range
(60 kWh)
$59,900, 0-60 in 5.9 seconds, 120 mph top speed, 230-mile range
(80 kWh)
$69,900, 0-60 in 5.6 seconds, 125 mph top speed, 300-mile range
(85 kWh Performance)
$79,900, 0-60 in 4.4 seconds, 130 mph top speed, 300-mile range
All Model S sedans come standard with a 17" touchscreen, 19" wheels, and seating for up to seven passengers. Yes, you read that correctly; the Model S has seating for seven courtesy of two [optional] rear-facing jump seats in the rear cargo area.


Tesla Model S

Tesla's ordering page also lists all of the available options for the Model S including a $1,500 panoramic roof, $3,750 tech package, $1,500 active air suspension, and $1,500 rear-facing seat option.
The two 85 kWh variants will be made available in Summer 2012, the 60 kWh arrives in the Fall 2012, and the entry-level 40 kWh variant won't be available in the U.S. until Winter 2012 if all goes as scheduled. 

Tesla Model S jumpseats [Source: Autoblog]

Sources: Tesla Mors [Press Release], Tesla Motors [Pricing and Options]

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RE: Please....
By kingmotley on 12/21/2011 2:05:51 AM , Rating: 2
Ok, so instead of writing a check to the government for $10k, now I'm only writing a check for $2.5k, and you say that doesn't matter? You're being silly.

That's the same as if I wrote them a check for $10k, and they wrote me one back for $7500.

RE: Please....
By mcnabney on 12/21/2011 9:11:50 AM , Rating: 2
I would also point out that since it is a tax credit it is refundable.

That means if you are retired and have NO INCOME, you can still get your $7500 back as a tax credit.

RE: Please....
By mjdaly on 12/21/2011 12:24:15 PM , Rating: 1
If you look what was said below, this tax credit is actually non-refundable. I made a similar assumption in my example above and after looking it up, confirmed it is non-refundable. You will never get the money back from the credit itself.

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