Tesla Motors Increases Price For Model S

Tesla Motors has increased the price of the new Model S by a couple thousand dollars.  The new price will not be effective until January 1st.  The Model S has a base price of $57,400 and it can be reduced to $49,900 after tax credits.

Now the car’s new price is $59,900 before tax credits, which is an increase of $2,500.  Tesla said that the increase is half the price jump that you would expect from general inflation over the last few years.  People that have already made a reservation will not be affected by the price change.

“We believe it is a positive reflection on our design process and disciplined, long-term planning that enabled us to increase prices for the first time in four years at only half the rate of inflation. As a company we will always strive to deliver our customers the most innovative cars in the world while minimizing price increases as we have done today,” stated Tesla VP of Worldwide Sales and Ownership Experience George Blankenship.

[SlashGear]

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