Tesla Model S will cost under $50,000 after tax breaks

Filed under: Car Buying, Hybrids/Alternative, Green

Click above to enlarge Tesla Model S teaser

When Tesla formally announced the Model S Sedan last June, the MSRP bandied was about ,000 for the all-electric sedan. In its newsletter today, Tesla has confirmed that the “anticipated base price” for the Model S will be ,400. With a federal tax credit of ,500 available, however, the Model S should cost just ,900. Details on what’s included in the base version of the Model S should be available at the vehicle’s official unveiling next week. Tesla says that even with a sub-,000 price tag (just barely), the Model S is really competing with cars that cost much less:

Because of tax incentives and relatively inexpensive maintenance and refueling, the lifetime ownership cost will be closer to cars with far lower sticker prices. [...] The Model S will become the car of choice for environmentally conscious and discriminating drivers throughout North America and Europe.

For comparison’s sake, the Fisker Karma, a luxury plug-in hybrid sedan, will start at ,900. The Chevy Volt will probably be somewhere around ,000, though GM has not made any official announcement about its price.

[Source: Tesla]

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Tesla Model S will cost under ,000 after tax breaks originally appeared on Autoblog on Thu, 19 Mar 2009 13:28:00 EST. Please see our terms for use of feeds.

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