Tesla

Tesla Motors Introduces Two Less-Costly Model S Versions

Tesla Motors Introduces Two Less-Costly Model S Versions
Image credit: Reuters | Lucas Jackson
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Tesla Motors Inc. said on Thursday it would offer two less-costly versions of its electric Model S sedan, starting at $66,000 in the U.S. market.

The current Model S starts around $76,000 and is often delivered to customers at a price of about $100,000.

Prices are before tax incentives are applied.

The new versions, the Model S 60 and the Model S 60D, will have slightly less range and a smaller battery pack than the Model S.

The S 60 and S60D battery pack provides 60 kilowatt-hours, compared with the S's 75 KWh.

The newer models will have a range of more than 200 miles, Tesla said in a statement.

(Reporting by Bernie Woodall; Editing by Lisa Von Ahn)

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