Tesla to release lower-priced versions of Model S car

Tesla Model S
Tesla Model S

Tesla said Thursday that it has started selling a cheaper version of its Model S car in an attempt to make its electric vehicles more affordable for more people.

The new version, called the Model S 60, starts at $66,000. An all-wheel drive version of the Model S 60 will start at $71,000. Both cost less that the current Model S 90D, which starts at $89,500.

Tesla said that when tax incentives and gas-savings are taken into account, the Model S 60 will have an effective cost of about $50,000.

The company says the Model S 60 can travel 200 miles per charge and has a top speed of 130 miles per hour.

Palo Alto, California-based Tesla Motors Inc. is taking orders for the new Model S 60 for delivery next month, according to its website.


Explore further

'Ludicrous Mode'? Tesla adds power to already-fast Model S

© 2016 The Associated Press. All rights reserved.

Citation: Tesla to release lower-priced versions of Model S car (2016, June 9) retrieved 10 April 2020 from https://phys.org/news/2016-06-tesla-lower-priced-versions-car.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
24 shares

Feedback to editors

User comments