27 Dec '11, 5pm

Tesla Confirms Pricing and Launch Date of Model S

Tesla Confirms Pricing and Launch Date of Model S

Tesla Model S: Image used with permission from Tesla. Tesla (TSLA ) officially announced the pricing, options and timing for next year´s US launch of the Model S this week. There have been some worrying rumors that the company would forced to raise its prices due to cost factors. Consequently, the good news for Tesla stock is both that the pricing has been held steady and that the summer launch date remains in place. Confirmation of both of these factors is certainly welcome news. Firstly, the official pricing for the US market remains as previously indicated: The starting price for a Model S with a basic 40 kWh battery (160 miles) comes in at $49,900 after the $7,500 Federal Tax Credit. The price for a Model S with a 60 kWh battery (230 miles) comes in at $59,900 after the Federal Tax Credit. The price for a Model S with a 85 kWh battery (300 miles) comes in at $69,900 af...

Full article: http://www.altenergystocks.com/archives/2011/12/tesla_con...

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