Tesla Motors: Model S price increase “in the near future”

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




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  • Jon Hall

    The devout fans have already reserved their Model S. Since Tesla is likely to be supply constrained for a while, I think it will end up being fine. When you are selling the best car in the world to the rich, a small price increase doesn’t matter much.

  • Leathersoup

    Henry Ford didn’t build up his company by making expensive cars. As much as I think Tesla makes some very nice looking cars, I can’t see the company sticking around if they don’t appeal to a broader market.

  • Joe

    What do I think? I think you should develop and apply a bit more respect for the English language.

    You wrote, “What options that are standard are now going to cost more?”

    A copy editor might have suggested, “Which standard options will cost more?”

    Aside being briefer and less confusing, standard options are finite. That’s why they are called “standard.” Therefore, good grammar calls for the word “which.”

  • Joshua

    I agree with leathersoup, I was hoping Tesla would go the Henry Ford route and slash prices to get everyone into an electric automobile. Right now, they are only yuppie-mobiles, and that hurts.