2013 Tesla Model S

Tesla is raising prices on its all-electric Model S sedan by $2500, despite not having yet rolled out the entire Model S lineup. (Until now only the expensive Signature launch-edition model has been shipped to customers.) The increase applies to every Tesla Model S ordered after December 31, 2012. Tesla says that buyers with outstanding orders—and any placed before the end of 2012—will still pay the Model S’s current prices. 


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The company gave no reason for the price increase, which isn’t atypical—most manufacturers incrementally increase prices year-over-year. In its announcement of the price bump, Tesla outlines how it hasn’t increased prices since the figures were first announced in 2009. That’s all well and good, but the Model S just went on sale this year; it’s easy to not raise prices on a car for which money didn’t trade hands until recently. With the increase, the base Model S with a 40-kWh battery pack starts at $60,890 before factoring in the available $7500 Federal tax credit. The 60-kWh Model S now costs $70,890, the 85-kWh version starts at $80,890, and finally the top-dog Model S Performance rings in at $95,890—all pre-credit, of course.

By Alexander Stoklosa