Tesla introduces two less expensive versions of Model S

Tesla Motors has introduced two new versions of its Model S electric vehicle that are less expensive than prior ones, the auto maker said on its site Thursday.

Palo Alto-based Tesla said the new versions of its electric sedan would start at about $66,000.

Current models typically start at around $76,000. They usually are delivered to customers for a cost of $100,000.

The new Model S 60 delivers 210 miles of range, a top speed of 130 miles per hour and zero-to-60 acceleration in 5.5 seconds, said Keely Sulprizo, a spokeswoman for the maker of electric vehicles.

The least expensive of the new versions is a rear-wheel vehicle. The all-wheel version of the new vehicles starts at $71,000.

The cost of the new vehicle in the rear-wheel version could be as little as $50,400. That estimate comes after the effects of a $7,500 federal tax credit, a $2,500 California tax incentive and an estimated $6,800 in gasoline savings over the first five years of ownership, according to the Tesla web site.

The cost of the all-wheel version could be as little as $55,400, after incentives and calculating gasoline savings.

The new version has a 60 kilowatt hour battery.

Photo: Screenshot from Tesla’s website


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  • michaelfkelly

    Well, I’d need all four wheels…