Print 48 comment(s) - last by JediJeb.. on Jun 6 at 6:09 PM

Tesla Model S Signature starts at $105k

As if successfully completing the first commercial mission to the International Space Station and back wasn't enough, Elon Musk is also finding quite a bit of success with his electric venture: Tesla Motors.
Inside Line is reporting today that the Model S Signature Performance, the top-of-the-line trim level, is already sold out and Tesla Motors is no longer accepting pre-orders. Customers now wanting to purchase the Model S Signature Performance will have to be put on a waiting list.
Interestingly, the standard model is still available for pre-order and has a base price of "only" $57,400 before a $7,500 federal tax credit (President Obama wants to see that federal tax credit increased to $10,000). The Signature Performance, however, has a base price of $105,400.
The standard Model S comes with a 40 kWh lithium-ion battery pack (8-year, 100,000-mile warranty), can hit 60 mph in 6.5 seconds and has a top speed of 110 mph. Range is listed at 160 miles.

 Model S Signature at the Tesla Fashion Island Signature Weekend [Image Source: Tesla Motors]
The Signature Performance ups the ante with an 85 kWh lithium-ion battery pack (8-year, unlimited miles warranty). As its name implies, performance improves greatly with 0-60 times dropping to 4.4 seconds while the top speed increases to 130 mph. The maximum driving range of the Signature Performance is listed at 300 miles.
The first deliveries of the Model S Signature Performance will begin on June 22. Those who have ponied up for the standard Model S will receive their vehicles later this fall. Those who haven't already pre-ordered the standard Model S still have time to get in line; Tesla is still accepting $5,000 deposits for the vehicle.

Source: Inside Line

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By Stuka on 6/5/2012 12:07:06 PM , Rating: 2
If they offered a $10,000 purchase credit on the Mazda 2, Ford Fiesta, Honda Fit, Toyota Yaris, Hyundai Accent, Kia Rio and Chevy Sonic, I would bet my life you would see exponentially greater benefit in one year than subsidizing these experimental tom-fooleries for two decades. Imagine every person who can only afford a 1986 carbeurated POS trading up to a brand new OBD-II, dual-cat, lean burn, econo-box that can get 40mpg... simply because they can get it for $5000 that could be financed for 60 months!

A few thousand rich-boy toys, or a few million people movers...hmmmm...

RE: Stupidity
By JediJeb on 6/6/2012 6:09:32 PM , Rating: 2
Very true, that would do more for reducing pollution here and now than what these current credits would do in ten years. Obviously these incentives are not in place to do anything about pollution, or if they are then the ones who calculated this is the best way to do it should be fired for such a total miss of the target.

Of course if they do put a $10,000 purchase credit( not tax credit that people who can only afford cheaper cars would never get to take advantage of)in place, they would probably count it as income for those using it just like they did the "Cash for Clunkers" money where anyone using that money to buy a car had to declare it as income when they filed taxes the next year.

Maybe they should have used this idea instead of the Cash for Clunkers and the auto company bailouts, killed two birds with one stone, and really sparked the economy all at the same time.

"My sex life is pretty good" -- Steve Jobs' random musings during the 2010 D8 conference

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