Published on November 30th, 2012 | by Christopher DeMorro1
Tesla Model S Gets $2,500 Price Increase Starting Jan. 1st
That means the cheapest model will now cost $59,900 before tax credits, while the top-end Model S Performance will set you back $94,400. According to Elon Musk, this price increase is just half what it should be to make up for inflation since Tesla first pledged to sell the Model S for under $50,000 back in 2009.
Yet credit is due to Tesla, which kept that pledge, albeit with the caveat that the $7,500 tax credit had to be applied to bring the $57,400 price below the $50,000 threshold. Now, after the tax credit, you’ll end up paying $52,400 for the Tesla Model S after tax credits.
That said, these price increases only affect those who wait until January 1st to plunk down a $5,000 deposit. That gives anybody on the fence a full month to take the all-electric plunge and buy themselves what has been almost universally hailed as the Car of the Year.