Tesla Motors: Model S price increase

It’s true: Palo Alto-based Tesla Motors will “be announcing a Model S price increase in the near future.” So says a posting from Tesla’s Nick Kincaid on the Tesla Motors forum: http://bit.ly/Wk4PQ6

The low-end Model S is currently $49,900 after a $7,500 tax credit.

Is the price increase for all versions of the vehicle? What options that are standard are now going to cost more? Details, please?

Tesla’s Shanna Hendriks said Wednesday the company “will have more information on the price increase in the next few weeks.”

Current reservation holders, of which there are roughly 13,000, should be OK.

“We…want to assure current reservation holders that the price increase will not affect them as long as they configure and finalize their order within a fair, predefined time frame after being invited to configure their Model S,” wrote Kincaid.

The Model S is available with three battery pack options that offer roughly 160, 230 or 300 miles per charge, priced accordingly All Model S vehicles equipped with the 300-mile battery or the 230-mile battery are able to use the “Supercharger” network, but those equipped with the 160-mile battery will not.

Will be interesting to see how much of a price hike this is, and if Tesla’s devout fans will tolerate it. Thoughts? I’m at dhull@mercurynews.com

 

 

Dana Hull Dana Hull (233 Posts)

Dana Hull covers clean technology and energy policy for the San Jose Mercury News. She often writes about electric vehicles, the smart grid, the solar industry and California energy policy, from RPS goals to Gov. Jerry Brown's big dreams for distributed generation.