Tesla raises the price on Model S
The price is headed up on the popular Tesla Model S sedan, Motor Trends 2013 car of the year.
Tesla Motors said it will raise the price of its Model S sedan which today is priced at $49,900. Some options that are standard on the Model S now will become part of options packages in the future — meaning some options will cost more. Neither the price increase nor the options changes will apply to existing reservation holders.
Tesla didn't say how much prices will go up. Tesla has taken thousands of reservations for the Model S sedan and plans to produce 20,000 of the cars next year. The Model S has been well-received and this year won Motor Trend's 2013 Car of the Year, marking the first time an all-electric car has won that honor.
Nick Kincaid, Tesla director of online experience, wrote about the price increase on Tesla's blog.
"This price increase is planned to be announced with full details, effective dates, pricing and options packages in the next two to three weeks. We are starting to hear rumors about "a price increase coming soon" and want to assure current reservation holders that the price increase will not affect them as long as they" configure and finalize their order within a fair, predefined time frame after being invited to configure their Model S."
Essentially, those Model S reservation holders that haven't finalized their reservation can still get the lower price and all the options that come standard today if they finalize those reservations.
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