A cheaper version of Tesla’s Model S is set to have a starting price of $67,200 inclusive of $1,200 as doc and destination fees. This announcement was made this week with first deliveries expected in July. Tesla plans to bring back the specification of 60-kWh to the Model S, which will be a rear-wheel-drive of the 60 model. The other version is the 60D all-wheel drive that will retail for $72,200 inclusive of the mentioned fees. Tesla’s move is in response to consumer requests for lower price points.
The two trim levels are expected to have a battery pack with a capacity of 75-kWh. Tesla further added that owners will be offered additional range for $9,000 and a service fee of $500. Two months ago, Model S incorporated a base level of 70-kWh as a replacement to the previous 60-kWh pack. The online ordering page currently doesn’t include the 70, or the 70D versions. These changes have been made after the recent shuffling of the specifications sheet for a vehicle with a range of up to 90 kWh.
During its introduction in 2012, Tesla had the plan of introducing a 40 kWh version along with a battery option of 60-kWh. This version’s starting price was set at $57,400 inclusive of fees and without federal tax credit considered. After only about four thousand pre-orders, the automaker cancelled that model. Tesla cut the version and decided to offer consumers a version having a battery pack of 60-kWh. Recently, Tesla has also aesthetically refreshed its underlying car and chassis, with customers showing a keen interest. The strategy used by Tesla to maintain customer interest includes shifting options and configurations, as well as giving over-the-air updates.
Following the introduction of more power, all-wheel drive, and other features, the already costly vehicle could have a price ranging from $70,000 to more than $150,000. This price is much higher than the once teased $50,000 for the vehicle, which could have a range of up to 300 miles. As the situation is, it is expected that the Model S 60 will have a range of 210 miles and its speed is estimated to be 130 mph. The stats have not yet been released for the 60D version. Tesla further added that making comparison of any electric car price to a gasoline-fueled car, the ownership cost, as well as annual fuel savings should also be considered.